Headquartered in Taunton, Massachusetts, Mechanics Cooperative Bank is a si with $898.8M in total assets and $679.6M in deposits as of Q2 2026. It operates 11 offices. Its charter dates back to 1877.
Mechanics Cooperative Bank has a TellerScore of 77 out of 100 (strong) based on Q2 2026 data — higher than 68% of its 2,650 banks with $100 million – $1 billion. Among 92 banks headquartered in Massachusetts, it ranks 9th. Problem-loan coverage contributes the most (100/100, 0.2%); funding & liquidity contributes the least (43/100, 109% loans-to-deposits, 23% uninsured).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score fell 3 points (80 → 77), mostly because the funding & liquidity component weakened by 8 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 76 |
| Q3 2024 | 76 |
| Q4 2024 | 75 |
| Q1 2025 | 78 |
| Q2 2025 | 80 |
| Q3 2025 | 80 |
| Q4 2025 | 81 |
| Q1 2026 | 76 |
| Q2 2026 | 77 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.70% |
| Q3 2024 | 12.51% |
| Q4 2024 | 12.25% |
| Q1 2025 | 12.38% |
| Q2 2025 | 12.78% |
| Q3 2025 | 12.89% |
| Q4 2025 | 12.99% |
| Q1 2026 | 12.06% |
| Q2 2026 | 12.38% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.04% |
| Q3 2024 | 0.06% |
| Q4 2024 | 0.03% |
| Q1 2025 | 0.03% |
| Q2 2025 | 0.03% |
| Q3 2025 | 0.00% |
| Q4 2025 | 0.04% |
| Q1 2026 | 0.04% |
| Q2 2026 | 0.03% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.84% |
| Q3 2024 | 0.89% |
| Q4 2024 | 0.89% |
| Q1 2025 | 1.19% |
| Q2 2025 | 1.28% |
| Q3 2025 | 1.30% |
| Q4 2025 | 1.25% |
| Q1 2026 | 1.13% |
| Q2 2026 | 1.24% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 77 | $898.8M | 12.38% | 0.03% | 1.24% | 108.8% |
| Q1 2026 | 76 | $878.9M | 12.06% | 0.04% | 1.13% | 106.1% |
| Q4 2025 | 81 | $862.2M | 12.99% | 0.04% | 1.25% | 103.1% |
| Q3 2025 | 80 | $850.6M | 12.89% | 0.00% | 1.30% | 107.6% |
| Q2 2025 | 80 | $830.6M | 12.78% | 0.03% | 1.28% | 105.2% |
| Q1 2025 | 78 | $828.4M | 12.38% | 0.03% | 1.19% | 104.2% |
| Q4 2024 | 75 | $837.5M | 12.25% | 0.03% | 0.89% | 107.9% |
| Q3 2024 | 76 | $804.3M | 12.51% | 0.06% | 0.89% | 107.2% |
| Q2 2024 | 76 | $773.7M | 12.70% | 0.04% | 0.84% | 107.3% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in Massachusetts
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Greenfield Co-operative BankBank Greenfield, MA | 71 out of 100, Strong | $901.8M | 12.5% | 0.72% | vs |
| The Savings BankBank Wakefield, MA | 62 out of 100, Moderate | $891.0M | 9.4% | 0.17% | vs |
| StonehamBank, A Co-operative BankBank Stoneham, MA | 60 out of 100, Moderate | $918.3M | 8.9% | 0.32% | vs |
| Winchester Co-operative BankBank Winchester, MA | 69 out of 100, Moderate | $946.9M | 11.8% | 0.43% | vs |
| Rollstone Bank & TrustBank Fitchburg, MA | 62 out of 100, Moderate | $816.3M | 10.1% | 0.20% | vs |
| Coastal Heritage BankBank Weymouth, MA | 63 out of 100, Moderate | $983.6M | 11.5% | 0.60% | vs |
Deposit insurance
Is my money safe at Mechanics Cooperative Bank?
Yes. Mechanics Cooperative Bank is an FDIC-insured institution (FDIC certificate #26634). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 22.5% of deposits ($153.0M) are above the $250,000 FDIC insurance limit, close to the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 12.38%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 15.37% (benchmark: 10%).
11 locations
Branches
Mechanics Cooperative Bank lists 9 offices in 8 cities. Most locations:
- Taunton, MA (2)
- Bridgewater, MA (1)
- Fall River, MA (1)
- New Bedford, MA (1)
- North Dighton, MA (1)
- Somerset, MA (1)
- Swansea, MA (1)
- Westport, MA (1)
HMDA 2025
Mortgage lending
In 2025, Mechanics Cooperative Bank reported 107 home-loan applications under HMDA (LEI 549300BOX0L2YKKXKO38): 85 originated ($98,795,000 total), 9 denied, and 6 withdrawn or closed by the applicant. Its denial rate on decided applications was 8.9%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Mechanics Cooperative Bank
- Former names
- Mechanics' Co-operative Bank
- Type
- SI
- FDIC certificate #
- 26634
- RSSD ID
- 183770
- Primary regulator
- FDIC
- Holding company
- Mountainone Financial Mhc
- Established
- January 1, 1877
- Headquarters
- 316 Broadway, Taunton, MA 02780
- Website
- www.mechanics.bank
- Employees
- 103
Quick answers
Mechanics Cooperative Bank: common questions
Is Mechanics Cooperative Bank FDIC insured?
Yes. Mechanics Cooperative Bank is an FDIC-insured institution (FDIC certificate #26634). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is Mechanics Cooperative Bank's TellerScore?
77 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has Mechanics Cooperative Bank ever failed?
There is no failure record for FDIC certificate #26634 in the FDIC failed bank list.
How many branches does Mechanics Cooperative Bank have?
11 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Taunton
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Attleboro M E Federal Credit UnionCredit union Attleboro, MA | 90 out of 100, Very strong | $24.6M | 13.7% | 0.13% | vs |
| Stoughton Town Employees Federal Credit UnionCredit union Stoughton, MA | 89 out of 100, Very strong | $2.4M | 16.6% | 0.00% | vs |
| First Citizens' Federal Credit UnionCredit union Fairhaven, MA | 83 out of 100, Strong | $705.9M | 20.2% | 0.77% | vs |
| Messiah Baptist-Jubilee Federal Credit UnionCredit union Brockton, MA | 83 out of 100, Strong | $1.1M | 22.2% | 1.67% | vs |
| Canton Co-operative BankBank Canton, MA | 83 out of 100, Strong | $154.8M | 15.3% | 0.06% | vs |
| Walpole Co-operative BankBank Walpole, MA | 83 out of 100, Strong | $646.5M | 18.8% | 0.11% | vs |