Mechanics Bancorp /
Mechanics Bank
Mechanics Bancorp completes merger involving Mechanics Bank
Source for the buyer and target: Mechanics Bancorp
For the buyer and target.
“On September 2, 2025 (the “Closing Date”), Mechanics Bancorp (formerly known as HomeStreet, Inc.), a Washington corporation (the “Company”), consummated the previously announced merger (the “Merger”) pursuant to the terms of the Agreement and Plan of Merger, dated as of March 28, 2025 (as amended, the “Merger Agreement”), by and among the Company, HomeStreet Bank, a Washington state-charted commercial bank and a wholly owned subsidiary of the Company (“HomeStreet Bank”), and Mechanics Bank, a California banking corporation (“Mechanics Bank”).”
Published 2 Sep 2025
Open the sourceWhat happened
On Sept. 2, 2025, Mechanics Bancorp completed its merger with Mechanics Bank. Mechanics Bank survived as a wholly owned subsidiary of Mechanics Bancorp. [01]
Mechanics Bancorp’s business became primarily the business conducted by Mechanics Bank. [01]
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Mechanics Bancorp completes merger involving Mechanics Bank
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Also stated
“Mechanics Bancorp completes merger involving Mechanics Bank On Sept. 2, 2025, Mechanics Bancorp completed its merger with Mechanics Bank”
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