FDIC FDIC Insured – Backed by the full faith and credit of the US Government
FDIC FDIC Insured – Backed by the full faith and credit of the US Government
mechanics home link

Personal Savings

Choice Savings from Mechanics Cooperative Bank offers products that fit your personal savings goals. Whether you need long term products that earn fixed rates or liquid products that allow you access to your money when needed, Mechanics Cooperative Bank has the solution.

concept art of a glowing link in a chain

Premier Choice Savings

Designed to pair with our Premier Choice Checking

Details

sprouting oak sapling in a forest

eChoice Savings

Go paperless with an account designed for online and mobile
banking users.

Details

young woman shopping while traveling in a new country

Statement Savings

Our standard savings account product

Details

collection of classic antique piggy banks

Classic Savings

Classic Banking – meets Classic Savings. Our Passbook Savings
account option.

Details

financial charts illustration

Personal Money Market

Earn more with higher interest
rates than traditional
savings accounts

Details

golden egg in a nest

Certificates of Deposit

Secure your savings with fixed terms and competitive rates.

Details

*18/65 customers may designate one (1) savings account for which we will waive this requirement/fee

Savings and Money Market Accounts are limited to six (6) Electronic/ Check/ POS transactions each month. An Excessive Transaction Fee will be assessed for each Limited Transaction in excess of six (6) per statement cycle period. For more information on Excessive Transaction Fees, please refer to our Schedule of Rates and Fees.

“Sweeps” Overdraft Protection is available for all checking accounts! A “sweep” allows you to use an existing savings account (with available funds) to cover overdrafts from your checking account. Additional fee information can be found in our Account Agreement and Schedule of Rates and Fees. Please ask any Mechanics Cooperative Bank representative for details!