Mechanics’ Savings Bank

Mechanics’ Savings Bank Overview

Mechanics’ Savings Bank, founded in February 16, 1875, is currently an inactive FDIC insured bank. The chartering agency for Mechanics’ Savings Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mechanics’ Savings Bank has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Mechanics’ Savings Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on July 28, 1955.

Address Location and Maps for Mechanics’ Savings Bank

Bank Name Mechanics’ Savings Bank FDIC Bank Location for Mechanics' Savings Bank
Address 100 Minot Avenue
Auburn, ME 4210
County: Androscoggin
Bank’s State: Maine


Mechanics’ Savings Bank Detailed Information

FDIC Certificate ID 17476
Bank Institution Name Mechanics’ Savings Bank
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID 14626
Total Assets $314,270,000
Total Deposits $239,640,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class SB – Savings Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State Charer.
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance July 28, 1955
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region New York
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Androscoggin
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Mechanics’ Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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