Founded in 1890 by Melroses leading citizens, Melrose Cooperative Bank continues to be committed to meeting the financial needs of area residents and businesses. From checking, savings and money market accounts, to CDs, IRAs, mortgages and consumer loans - we offer a wide range of products designed to meet your needs. Melrose Online, telephone banking, our drive-up ATM and our membership in the SUM® Program make it easy and convenient to bank with us.