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Mechanics Bank, History

The following are major historical events for Mechanics Bank, including mergers and acquisitions.

1886-01-01Institution established: Original name:Mechanics Building and Loan Company
1993-12-01Changed name to The Mechanics Savings Bank
1993-12-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1993-12-01Changed organization type to STOCK SAVINGS BANK
2010-12-08Changed name to Mechanics Bank
2013-10-02Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2018-01-01Changed organization type to COMMERCIAL BANK
2018-01-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS