Mechanics' Cooperative Bank

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LOCATIONS

5 Years Relationship CD Special -Qualifying

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
2.05%	5-year CD	5 Years CD 1.55% - National Average
0.60%	1-year CD	1 Year CD 0.62% - National Average
0.05%	Savings	Statement Savings 1.30% - Synchrony Bank High Yield Savings

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Overview / Commentary

www.mechanics-coop.com

888-632-4264

316 Broadway
Taunton, MA 02780

Mechanics' Cooperative Bank is headquartered in Taunton and is the 65^th largest bank in the state of Massachusetts. It is also the 1,314^th largest bank in the nation. It was established in 1877 and as of June of 2017, it had grown to 90 employees at 9 locations. Mechanics' Cooperative Bank's savings rates are 63% higher than the national average, and it has an A health rating.

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Health

A

Data as of Q2 2017

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Health Grade Components

Overall
FDIC Certificate #	26634
Year Established	1877
Employees	90
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.9%
Return on Equity - YTD	10.4%
Annual Interest Income	$11.4MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$545.6MM$497.5MM
Loans	Q2 2017vs Q2 2016	$442.8MM$392.5MM
Deposits	Q2 2017vs Q2 2016	$422.9MM$406.8MM
Equity Capital	Q2 2017vs Q2 2016	$47.7MM$43.3MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$3.1MM$3.4MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.8MM$2.5MM
Real Estate Owned	Q2 2017vs Q2 2016	$495.00K$1.4MM

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mechanics' Cooperative Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%^*	$50k^*	-	Premier Choice Savings
OTHER TIERS: 0.15% → $100 - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k
0.25%	$100	-	e-Choice Savings
0.05%	$100	-	Classic Savings (Passbook)
0.05%	-	-	Christmas Club (Passbook)
0.05%	$100	-	Statement Savings

Mechanics' Cooperative Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$50k^*	-	Personal Money Market
OTHER TIERS: 0.25% → $100 - $500 \| 0.30% → $500 - $10k \| 0.35% → $10k - $25k \| 0.40% → $25k - $50k
0.45%^*	$75k^*	-	Choice Business Money Market
OTHER TIERS: 0.30% → $500 - $25k \| 0.35% → $100 - $50k \| 0.40% → $50k - $750k
0.40%^*	$75k^*	-	Municipal Money Market
OTHER TIERS: 0.25% → $100 - $500 \| 0.30% → $500 - $25k \| 0.35% → $25k - $750k

Mechanics' Cooperative Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$50k^*	-	Premier Choice
OTHER TIERS: 0.05% → $100 - $25k \| 0.10% → $25k - $50k
0.15%^*	$50k^*	-	Choice IOLTA
OTHER TIERS: 0.05% → $100 - $25k \| 0.10% → $25k - $50k
0.05%	$100	-	18/65 Choice
0.05%	$100	-	Unlimited Choice NOW

Mechanics' Cooperative Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.15%	$500	-	5 Years Relationship CD Special -Qualifying
2.05%	$500	-	5 Years CD
1.80%	$2,500	-	27 Month CD Special
1.50%	$500	-	4 Years CD
1.30%	$500	-	3 Years - Fixed Rate CD
1.10%	$500	-	2.5 Years CD
1.00%	$500	-	2 Years CD
0.70%	$500	-	1.5 Years CD
0.70%	$500	-	3 Years - Variable CD
0.60%	$500	-	1 Year CD
0.45%	$500	-	9 Months CD
0.30%	$500	-	6 Months CD
0.25%	$500	-	3 Months CD

Mechanics' Cooperative Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.05%	$500	-	5 Years IRA
1.50%	$500	-	4 Years IRA
1.30%	$500	-	3 Years - Fixed Rate IRA
1.00%	$500	-	2 Years IRA
0.70%	$500	-	1.5 Years IRA
0.70%	$500	-	3 Years - Variable IRA
0.60%	$500	-	1 Year IRA
0.30%	$500	-	6 Months IRA

Locations

Mechanics' Cooperative Bank Locations
1236 County St Branch	1236 County Street	Somerset, MA 02726
165 State Rd Branch	165 State Road	Westport, MA 02790
201 Gar Hwy Branch	201 Gar Highway	Swansea, MA 02777
Mechanics' Co-Operative Bank	316 Broadway	Taunton, MA 02780
North Dighton Branch	596 Somerset Avenue	North Dighton, MA 02764
Lafayette Federal Savings Bank Branch	60 Bedford Street	Fall River, MA 02720
Bridgewater Co-Operative Bank Branch	72 Main Street	Bridgewater, MA 02324
Taunton Branch	75 County Street	Taunton, MA 02780