Mechanics Cooperative Bankbenefits

Mechanics Cooperative Bank's benefits plans covered 100 active participants in 2025, providing life · long-term disability · other. Insurance brokers and agents were paid $12,622 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.1% from $12,126 in 2024.