Mechanics Bank
- Bank Name:Mechanics Bank
- Bank Class:State Chartered - FED Nonmember Bank
- Member FDIC:Certificate #29011
- Routing Number:ACH & Wire - 241271371
- Locations:9 Branches in Ohio
- Web Address:mymechanics.com
Mechanics Bank Information
Mechanics Bank was founded in January 1886 and is based in Mansfield, Ohio. The bank operates as a subsidiary of Mechanics Financial Corporation. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Mechanics Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Mechanics Bank is a FDIC-insured bank with certificate number of 29011. The assigned Fed RSSD ID of Mechanics Bank is 943675.
Mechanics Bank currently operates with 9 branches located in Ohio. Mechanics Bank is the 44th largest bank in Ohio. The bank does not have any offices outside Ohio.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Mechanics Bank is 241271371. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 2 S Main St, Mansfield, OH 44902. You can visit the official website of the bank at https://www.mymechanics.com for more information and online banking service if available. For a comprehensive list of Mechanics Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In Ohio
History Of Mechanics Bank
Mechanics Bank, originally established as the Mechanics Building and Loan Company in 1886, has undergone several changes throughout its history. On December 1, 1993, the institution changed its name to The Mechanics Savings Bank, while also transitioning its organization type to a stock savings bank and designating the Federal Deposit Insurance Corporation (FDIC) as its primary federal regulatory agency. The same day, the main office was relocated to 2 South Main Street, Mansfield, Ohio, 44902. In October 2013, Mechanics Bank expanded its capabilities by acquiring full trust powers. On December 8, 2010, the institution adopted its current name, Mechanics Bank. Most recently, on January 1, 2018, the bank changed its organization type to a commercial bank and became a state-chartered bank, although it is not a member of the Federal Reserve System.
Below is a list of some important events in bank's history, including mergers and acquisitions.
01-01-2018Changed Organization Type to Commercial Bank.
01-01-2018Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
10-02-2013Changed Trust Powers to Full.
12-08-2010Changed Institution Name to Mechanics Bank.
12-01-1993Main Office moved to 2 South Main Street, Mansfield, OH 44902.
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