Mechanics Financial
Mechanics Financial offers a comprehensive range of personal, business, and wealth management banking services, and has been independently managed for over 138 years in Richland County, Ohio.
Personal Banking Services
Mechanics Financial offers a variety of personal banking services to meet the needs of individual customers. These include checking and savings accounts, loans, and credit cards. The bank also provides specialized programs such as 'The Good Life' for members aged 50 and over, which offers personal banking services, volunteer opportunities, and year-round excursions. For military members, the 'We Salute You' program provides specialized benefits for both active and retired personnel. In order to encourage younger members to start saving early, the 'Watch It Grow' program offers exclusive perks.
Business Banking Services
Mechanics Financial provides comprehensive business banking services. This includes business checking and savings accounts, business loans, and credit cards. Additionally, the bank offers cash management services tailored to business needs, such as online banking, merchant services, and direct deposit payroll. These services are designed to help businesses operate efficiently and manage their finances effectively.
Wealth Management Services
Mechanics Financial offers wealth management services aimed at helping clients grow and protect their assets. These services include private banking and trust services. Through these offerings, customers can receive personalized financial advice and management to meet their long-term financial goals. Mechanics Financial's wealth management services are designed to provide peace of mind and financial security.
Community Programs
Mechanics Financial runs several community programs aimed at various age groups. 'Be the Change' is a program targeted at high school students aged 13 and above, providing opportunities to act as positive agents of change within the community and access to specialized checking accounts. The bank also encourages financial literacy and saving through initiatives such as America Saves Week. These programs reflect the bank's commitment to community engagement and social responsibility.
History and Headquarters
Mechanics Financial has a long and storied history, having been independently managed for over 138 years. The bank, headquartered in Mansfield, Ohio, has been serving the community since its inception in 1886. As the only bank in Richland County, Ohio, that can make this claim, Mechanics Financial operates nine offices within the county. The bank’s assets total over $800 million, and its stock is owned by the holding company, Mechanics Financial Corporation.