Mechanics Bank

Status:Inactive as of 01/01/2023
 Merger - Without Assistance
Successor Bank:BankFirst Financial Services
Headquarters:Mechanics Bank
319 N Main St
Water Valley, MS 38965
Established:01/01/1892
FDIC Insurance:01/01/1934
FDIC Cert:#12206
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$323,302,000
Total Deposits:$291,620,000

History

1892-01-01Institution established: Original name:The Mechanics Savings Bank, Water Valley, Mississippi
1992-03-02Changed name to Mechanics Bank
2004-06-21Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED

Financial Information (2022-12-31 and Older)