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Scott Hoover has joined Mechanics Bank (OTCBB:MCHB) in its Irvine, CA office as Vice President, Senior Relationship Manager. Mr. Hoover will be responsible for originating and managing business loans and lines of credit, commercial real estate loans and providing treasury management services...
Veteran banker Javier Corrales has joined Mechanics Bank (OTCBB:MCHB) as Vice President and Senior Manager of the Title and Escrow Division, headquartered in the bank’s Irvine office. This press release features multimedia. View the full release here: https://www.businesswire.com...
Mechanics Bank (OTCBB:MCHB), who recently acquired Scott Valley Bank, has donated $25,000 to the Shasta Regional Community Foundation’s (SRCF) fire relief effort for victims of the Carr Fire. This press release features multimedia. View the full release here: https://www.b...
Mechanics Bank (“Mechanics”) (OTCBB: MCHB) (formerly Scott Valley Bank) announced today that they will immediately donate $10,000 for relief and recovery efforts for those who have been impacted by the Klamathon Fire near Yreka, CA. In addition to the donation, Mechanics Bank h...
Mechanics Bank (“Mechanics”) (OTCBB:MCHB) today announced the completion of its previously announced acquisition of Learner Financial Corporation (“Learner Financial”) and its wholly owned subsidiary, Scott Valley Bank, which became effective on June 1, 2018. ...
Recommendation : Long CKTM at $13.80 (closing price on April 17th) Target Price : $14.41 Thesis : I believe the acquisition of Commerce Bank of Temecula Valley will close by June 2018. The only hurdle left is obtaining regulatory approvals. The strategic benefits are clear for the acq...
Mechanics Bank (“Mechanics”) (OTCBB: MCHB) and Learner Financial Corporation (“Learner Financial”), the bank holding company for Scott Valley Bank, today announced that they have reached a definitive agreement for Mechanics to acquire Learner Financial and its who...
Dan Aguilar, Senior Vice President and North Bay Regional Manager, Commercial Banking in Napa for Mechanics Bank (OTCBB: MCHB ), has been elected to the Petaluma Gap Winegrowers Alliance Board of Directors. In December, the Petaluma Gap received a formal designation from the Alcohol and...
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Mechanics Bank (ticker: MCHB) today announced that its Board of Directors declared a cash dividend of $810 per common share, payable on November 10, 2021 to all common stockholders of record as of the close of business on November 8, 2021. The determination to pay dividends in the futur...
Mechanics Bank (ticker: MCHB) today announced that its Board of Directors declared a special cash dividend, representing $2,569 per common share, payable on August 5, 2021 to all common stockholders of record as of the close of business on August 2, 2021. The determination to pay divide...
Combined entity operates with over $17 billion in total assets, a best-in-class deposit franchise and 144 branches Mechanics Bank (OTCBB: MCHB) announced earlier this week the completion of its acquisition of Rabobank, N.A., a subsidiary of Rabobank Group. Mechanics Bank acquired Rabob...