Mechanics Cooperative Bank has nine branches, eight of which are in Bristol County, Massachusetts. Its small business offerings include business savings and checking accounts, lending, investment and retirement planning, business insurance and wealth management. It is rated four stars on Bankrate and one star on Yelp.
Mechanics Cooperative Bank Business Checking Rates & Fees
|Choice Free Business Checking||Choice Business Checking 200|
|Monthly Fee||No monthly fee||$7 per month if balance requirement is not met|
|Minimum Balance Requirement||No minimum balance requirement||Average daily balance of $1,500|
|Transaction Fee||Up to 100 free items per month; 50 cents per item over 100||Up to 200 free items per month; 25 cents per item over 20|
|Wire Transfer Fee|
Outgoing (domestic): $25
Outgoing (international): $40
|Cash Deposit Fee|
$5 consecutive daily overdraft fee (after 5 business days)
Mechanics Cooperative Bank Network
Mechanics Cooperative Bank has nine branches, eight of which are in Bristol County, Massachusetts. You can use its branch locator to see which locations are closest to you.
Mechanics Cooperative Bank Additional Business Banking Services
Mechanics Cooperative Bank also offers the following business services: business savings and money market accounts, lines of credit, business term loans, Small Business Administration funding, commercial real estate financing and wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Commercial Real Estate Loans||✓|
|Business Credit Cards||x|
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