Mechanics' Co-operative Bank

Massachusetts – Bristol – Taunton

(SB) Savings banks, state charter

active

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Details

(SB) Savings banks, state charter

active

26634

1877

FDIC Certificate Number: 26634
FDIC's unique number: 35366
The FDIC Field Office where an institution is physically located: South Boston

Federal Reserve ID Number: 183770
Report Date: 2011-06-30

Bank Charter Class: SB

Number of Domestic Offices: 8
Number of Foreign Offices: 0
The date of the last data update: 2011-09-20

1877-01-01 Institution established but was not FDIC insured. Original name: Mechanics' Co-operative Bank.
1986-04-17 Became FDIC insured.
2007-11-01 Acquired Bridgewater Co-operative Bank in Bridgewater, Massachusetts.
2008-09-01 Acquired Lafayette Federal Savings Bank in Fall River, Massachusetts.
2011-09-01 Reorganized.
2011-09-01 Changed organization type to Cooperative Bank Stock.

Total assets: $379,827,000
Total deposits: $331,893,000
Deposits held in domestic offices: $331,893,000
Equity capital: $30,776,000

Net income: $837,000

Return on Assets: 0.45
Return on Equity: 5.53
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-24371

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