TAUNTON, MA:  Mechanics Cooperative Bank’s Board of Directors and Executive Leadership Team are proud to announce a donation totaling $2,500 to the Coyle & Cassidy High School Food Pantry this winter season.Mechanics Cooperative Bank President and CEO Joseph T. Baptista Jr. commented on “how important it is, especially at this time of year, to remember and support those local families that are less fortunate.  The additional assistance to the Coyle & Cassidy High School Food Pantry provided by Mechanics Cooperative Bank can make all the difference during the cold winter months – and could be just the difference these local families need to ensure consistent, warm and nutritious meals.”

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This $2,500 gift is in direct alignment with Mechanics Cooperative Bank’s 10% Net Income Pledge. Mechanics Cooperative Bank has continued its pledge to donate at least ten percent (10%) of their total annual net income to local non-profit organizations and local families in need.  These funds will have a direct and positive impact on the local communities with Mechanics Cooperative Bank branch locations (including Bridgewater, Dighton, Fall River, Somerset, Swansea, Taunton and Westport) as well as their surrounding cities and towns.

In describing the Bank’s pledge, President and CEO Joseph T. Baptista Jr. said “the Mechanics Cooperative Bank Leadership Team is one hundred percent committed to improving the quality of life in the communities we serve.  At a time when so many local families and non-profit organizations are struggling for funding, Mechanics Cooperative Bank has increased our annual charitable giving budget to directly support these deficits.  I am honored to say that our “Let’s Keep It Local” tagline is not just a slogan; rather, it is a philosophy that is embedded in company management, and throughout all levels of our organization.”

The Mechanics Cooperative Bank Charitable Giving Guidelines are focused on supporting community organizations that provide support for affordable housing, economic and job development, social development, educational programs, arts and cultural programs and community sports programs. Donation or sponsorship request information and the Mechanics Cooperative Bank donation form are available on their web site at Mechanics-Coop.com.

Michael Cote, Director of Community Service at Coyle & Cassidy High School commented on “the great timing of this $2,500 gift.  The Coyle & Cassidy has seen a decline in support from local businesses over the past few years as a result of the current economic climate so this gift is even more important than most to continue our support of local needy families.  It clearly demonstrates the tremendous commitment Mechanics Cooperative Bank has to our community.  A sincere thank you to Joe Baptista and Mechanics Cooperative Bank.”

For more information on how you can help support the Coyle & Cassidy Food Pantry please contact:  Mr. Michael Cote, Director of Community Service, Coyle and Cassidy High School; 2 Hamilton Street, Taunton, MA 02780; 508-823-6164 ext.650; mcote@cc.dfrcs.org

About Mechanics Cooperative Bank

With total assets of $450 million, Mechanics Cooperative Bank offers a wide variety of personal and business deposit and loan products.  And as a Massachusetts co-operative bank, 100% of customers’ deposits are always fully insured.  Established in 1877, Mechanics Cooperative Bank is Massachusetts’ second-oldest co-operative bank with eight conveniently located branches in Bridgewater, Taunton, North Dighton, Somerset, Swansea, Fall River and Westport. For more information, call 1-888-MECHANICS (632-4264) or visit Mechanics-Coop.com. Member FDIC.  Member SIF.  Equal Housing Lender.

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(From left to right) Pictured (from left) are Mr. Michael Cote, Director of Community Service at Coyle and Cassidy High School, Student Volunteers Evan Mines, Ryan Dykas, and Caroline Gomes along with Mechanics Cooperative Bank President and CEO Joseph T. Baptista Jr., and Student Volunteers Teresa Bonefant and Robert Scaramuccia as they are presented a check in the amount of $2,500 in support of the Coyle and Cassidy High School Food Pantry.