Bank · FDIC insured
Mechanics Bank
A $896.4M bank headquartered in Mansfield, OH, with 10 branches in Ohio.
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Mechanics Bank
Founded in 1886, Mechanics Bank is an independent community bank owned by the Mechanics Financial Corporation holding company and closely held by shareholders, including many employees.
Headquartered in downtown Mansfield in Richland County, Ohio, the bank serves Richland and Ashland Counties from ten offices.
Originally named Mechanics Building & Loan Company to serve working people, it operated as a mutual company through 1959 before becoming a stock company.
- Headquarters
- 2 S Main St, Mansfield, OH 44902
- FDIC certificate
- 29011 ↗
Branches
10 branches in Ohio
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Ohio
10 branches
Mansfield area · 9
- Mechanics BankMain office2 S Main St, Mansfield, OH 44902Directions
- Bellville Oh Branch65 Main St, Bellville, OH 44813Directions
- Lexington Branch256 E Main St, Lexington, OH 44904Directions
- 971 Lexington Avenue Branch971 Lexington Ave, Mansfield, OH 44907Directions
- 972 Ashland Road Branch972 Ashland Rd, Mansfield, OH 44905Directions
- Trimble Road Branch490 N Trimble Rd, Mansfield, OH 44906Directions
- 2103 Park Avenue West Branch2103 Park Ave W, Ontario, OH 44906Directions
- Shelby Oh Branch140 Mansfield Ave, Shelby, OH 44875Directions
- Free Road Branch674 Free Rd, Shiloh, OH 44878Directions
Ashland area · 1
- Mechanics Bank Branch1040 George Rd, Ashland, OH 44805Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.44% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.42% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.72% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $94 | $81 | — |
- CapitalLeverage ratio8.44%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.42%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.72%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$94Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Mechanics Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.