# Mechanics Bank

> Mechanics Bank is a California-chartered, full-service bank serving households, businesses and wealth clients across California, Oregon, Washington and Hawaii. Its growth through acquisitions, including Rabobank’s U.S. banking operations and HomeStreet Bank, pairs a relationship banking proposition with commercial lending, treasury management and trust expertise.

- **Founded:** 1905
- **Headquarters:** Walnut Creek, United States
- **Founders:** E.M. Downer (Founder)
- **Products:** Personal banking, Business banking and treasury management, Commercial and small-business lending, Private banking and wealth management, Mechanics Bank Trust Company of Delaware
- **Notable:** Completed the approximately $2.1 billion Rabobank, N.A. banking-business acquisition in 2019., Completed the HomeStreet Bank merger on September 2, 2025, expanding to four states., Reported $21.2 billion in consolidated assets at June 30, 2026.

## Products & services

- **Personal banking** — Checking, savings, deposits, home lending and online/mobile banking.
- **Business banking and treasury management** — Business checking, ACH and wire services, remote deposits, lockbox processing, reconciliation and Positive Pay.
- **Commercial and small-business lending** — Working capital, equipment and commercial property finance, including SBA programs; subject to eligibility and credit approval.
- **Private banking and wealth management** — Private banking, investment management, retirement services, trust and estate administration and specialty asset management.
- **Mechanics Bank Trust Company of Delaware** — Wholly owned, non-depository trust subsidiary offering complex trust planning and administration under Delaware law; announced July 7, 2026.

## Achievements

- Completed the approximately $2.1 billion Rabobank, N.A. banking-business acquisition in 2019.
- Completed the HomeStreet Bank merger on September 2, 2025, expanding to four states.
- Reported $21.2 billion in consolidated assets at June 30, 2026.
- Opened a Delaware trust subsidiary in July 2026.

## Latest updates

- **2026-09** — September 16: announced sale of approximately $417 million of performing runoff indirect auto loans to Bank of America’s trading desk near book value; retained approximately $13 million.
- **2026-07** — July 29: reported Q2 net income of $57.7 million and said HomeStreet integration was substantially complete.
- **2026-07** — July 7: announced Mechanics Bank Trust Company of Delaware, led by Cindy Brown.
- **2026-05** — May 7: announced completion of DUS business sale to Fifth Third for approximately $126 million; the later 10-Q gives May 1 closing and $125.8 million consideration.

## Links

- Website: https://www.mechanicsbank.com
- LinkedIn: https://www.linkedin.com/company/mechanics-bank
- Twitter/X: https://twitter.com/mechanicsbank
- YouTube: https://www.youtube.com/channel/UCQePM4_mhaTGYkmtuQ4h3_Q
- Instagram: https://www.instagram.com/mechanics_bank/
- Facebook: https://www.facebook.com/MechanicsBank1905/

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Profile page: https://yespress.io/mechanics-bank
Published by YesPress — https://yespress.io
Last updated: 2026-10-23