Mechanics' Savings Bank

Status:Inactive as of 2020-01-01
 Absorption - Without Assistance
Successor Bank:Maine Community Bank
Headquarters:Mechanics' Savings Bank
100 Minot Avenue
Auburn, ME 04210
Established:1875-02-16
FDIC Insurance:1955-07-28
FDIC Cert:#17476
Charter Class:Savings banks, state charter, supervised by the FDIC
# of Branches:4
Total Assets:$424,705,000
Total Deposits:$321,672,000

History

1875-02-16Institution established: Original name:Mechanics' Savings Bank
2016-01-26Changed organization type to STOCK SAVINGS BANK
2020-01-01Changed name to Maine Community Bank (17741)
2020-01-01Merged into and subsequently operated as part of Maine Community Bank (17741) in BIDDEFORD, ME

Financial Information (2019-12-31 and Older)