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Mechanics Bank


ACH Number: 241271371

Mechanics Bank is an FDIC insured institution headquartered at 2 S Main St, Mansfield, OH 44902.
It was founded in 1886 and has approximately $1 billion in assets. Customers can open an account at one of its 9 branches.

Deposit Rates - June 17, 2026

SAVINGS RATES APY MIN
Savings
0.03% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.15% $10,000 Compare
6 Mo CD
0.15% $100,000 Compare
12 Mo CD
0.25% $10,000 Compare
12 Mo CD
0.25% $100,000 Compare
18 Mo CD
0.30% $10,000 Compare
18 Mo CD
0.30% $100,000 Compare
Special: 20 Mo CD
0.65% $500 Compare
24 Mo CD
0.35% $10,000 Compare
24 Mo CD
0.35% $100,000 Compare
30 Mo CD
0.40% $10,000 Compare
30 Mo CD
0.40% $100,000 Compare
Special: 33 Mo CD
0.75% $500 Compare
36 Mo CD
0.45% $10,000 Compare
36 Mo CD
0.45% $100,000 Compare
48 Mo CD
0.50% $10,000 Compare
48 Mo CD
0.50% $100,000 Compare
60 Mo CD
0.80% $10,000 Compare
60 Mo CD
0.80% $100,000 Compare
MM RATES APY MIN
Money Market
0.05% $2,500 Compare
Money Market
0.05% $10,000 Compare
Money Market
0.05% $25,000 Compare
FIXED IRA RATES APY MIN
Special: 20 Mo FIRA
0.65% $100
Special: 33 Mo FIRA
0.75% $100
INT CHECKING RATES APY MIN
Int Ckg
0.03% $2,500




Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29011
Date Established 1886
Assets $ 872.52 million
Loans $ 702.79 million
Deposits $ 766.14 million
Capital $ 68.93 million

Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions $ 44.00 million
Interest-bearing balances $ 34.15 million
Total securities $ 83.68 million
Federal funds sold and reverse repurchase $ 0.63 million
Net loans and leases $ 702.79 million
Loan loss allowance $ 6.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.01 million
All other assets $ 8.44 million
     Total Assets $ 803.58 million

LIABILITIES
Total deposits $ 766.14 million
      Interest-bearing deposits $ 712.25 million
      Deposits held in domestic offices $ 766.14 million
      % insured (estimated)" 92.50%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.09 millionn
      Total Liabilities $ 803.58 million
      Shareholders’ Equity $ 68.93 million

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income $ 35.10 million
Total Interest Expense $ 9.88 million
Net interest income $ 25.23 million
Provision for loan and lease losses $ 0.36 million
Total non interest income $ 7.20 million
Total non interest expense $ 25.20 million
Pre-tax Net Operating Income $ 3.92 million

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