Mechanics Bancorp announces the successful completion of the strategic merger with HomeStreet, Inc.
The merger expands Mechanics Bank's West Coast footprint significantly, creating a combined company with 166 branches across California, Washington, Oregon, and Hawaii.
With over $22 billion in assets, the merger positions Mechanics Bank as the premier community bank on the West Coast.
Expansion and Growth
The merger with HomeStreet, Inc. has expanded Mechanics Bank's reach significantly, adding 166 branches and over $22 billion in assets.
Community Banking Focus
Mechanics Bancorp emphasizes personalized banking experiences, offering a wide range of products and services to families, businesses, and communities.
Strong Market Position
Mechanics Bank is positioned as one of the strongest, safest, and most resilient banks in the country, focused on helping communities prosper.
- The merger positions Mechanics Bank as a key player in the West Coast community banking sector, with a robust presence spanning multiple states.
- Customers and employees of HomeStreet Bank now benefit from Mechanics Bank's extensive network and personalized banking services, enhancing the overall customer experience.
With the completion of the merger, Mechanics Bancorp solidifies its position as a leading community bank on the West Coast, committed to offering personalized banking solutions and supporting the prosperity of the regions it serves.