Founded in 1890, Melrose Cooperative Bank offers a range of financial products and services for residents and businesses. It provides a variety of checking, savings, money market and individual retirement accounts, as well as certificates of deposit. The bank offers various mortgage, home equity, construction and consumer loans. Melrose Cooperative Bank also provides Internet and telephone banking solutions. The bank offers debit cards and overdraft protection services. It provides online automobile, personal finance and retirement savings calculators. Melrose Cooperative Bank maintains a card services department and administers the Rehab Refinancing Program. The bank is a member of the Federal Deposit Insurance Corporation and an Equal Housing Lender.
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