No matter how detailed your monthly budget spreadsheet is, life happens, and when it does, hopefully, you're prepared. Large and unexpected expenses can make sticking to a consistent spending plan challenging, especially if you live paycheck-to-paycheck and […]

There is a significant difference between being financially literate and achieving financial well-being. Financial literacy is the junction of economic, credit, and debt management knowledge needed to make financially responsible choices fundamental to our […]

When Mechanics Cooperative Bank began discussing ideas for a new community based charitable program, we wanted something innovative, mutually beneficial for all and of course, fun. So, we're proud to announce that the bank and our staff created “Jeans […]

When you choose a bank, it is crucial to find the products, services, and rates that meet your needs. As you assess large national banks vs. local banks for your needs, you may question if the size of an institution matters, and to some extent, it does. […]

As a business owner, you may consider leasing or acquiring a commercial property to manage your company. While leasing can be a convenient and quick possibility, many business owners favor having their own space. Similar to a personal mortgage loan used to […]

Mechanics Cooperative Bank Board of Directors and Executive Leadership Team are pleased to announce they have been awarded a $100,000 grant through the Jobs for New England Recovery Program by the Federal Home Loan Bank of Boston (FHLB) to be used in direct […]

The Mechanics Cooperative Bank Board of Directors and Executive Leadership Team are excited to announce the opening of a new branch in New Bedford, MA located at 1238 Kempton St. This new location marks the ninth branch office for Mechanics Cooperative Bank, […]

Investing in property can be a smart move for your business’ financial health and can also help boost the financial standing of your business. As a business owner, one of the most important decisions you can make is applying for a commercial mortgage to […]

An emergency fund can quite literally save your life in extreme cases and provide you with overall financial stability. During uncertain times, having even merely a few hundred dollars in an emergency fund can provide you with the security and help you need. […]

Maintaining a good credit score or fixing a hurt score can often be daunting and discouraging but is still incredibly important. Credit plays a significant role in your overall financial health, as a higher credit score can grant access to countless benefits […]