Last $15,900 USD
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As of 8:10 PM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

mechanics bank /richmond ca (MCHB) Snapshot

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07/10/14 - $15,900
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12/16/13 - $13,000
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mechanics bank /richmond ca (MCHB) Details

Mechanics Bank, together with its subsidiaries, provides personal and business banking, trust and estate, brokerage, and wealth management services to individuals and businesses in Northern California. The company’s deposit products include demand deposits, interest bearing transaction accounts, savings accounts, checking accounts, and time certificates of deposits. Its loan portfolio comprises personal loans, such as auto loans, credit cards, home loans/mortgages, home equity line of credit, home equity loans, and secured/unsecured loans; and business financing products, including business credit cards, commercial real estate loans, equipment leasing, operating lines of credit, short term and self-liquidating loans, and term financing. The company also offers commercial financing solutions comprising acquisition and expansion term financing, business credit cards, capital improvement term financing, commercial real estate term financing, construction financing, equipment leasing and financing, owner and investor real estate financing, permanent working capital term financing, professional practice/services financing, SBA financing, and short term financing. In addition, it provides private banking, Internet and mobile banking, wealth and cash management, agent and administrator, investment management, business succession planning, trust and estate planning, and brokerage and insurance services, as well as retirement plans. As of December 31, 2013, the company operated 32 offices in Contra Costa, Alameda, San Francisco, Marin, Napa, Placer, Sacramento, and El Dorado counties. Mechanics Bank was founded in 1905 and is headquartered in Richmond, California.

mechanics bank /richmond ca (MCHB) Top Compensated Officers

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Executives, Board Directors

mechanics bank /richmond ca (MCHB) Key Developments

Mechanics Bank Appoints Larry Cretan as Executive Vice President and Chief Credit Officer

Larry Cretan, has been appointed Executive Vice President and Chief Credit Officer at Mechanics Bank. Mr. Cretan brings over 30 years experience as an executive in credit and lending. Prior to joining Mechanics Bank, Larry worked for Pacific Capital Bank and has been a consultant for financial institutions and nonprofits. Previously in his career, Mr. Cretan held senior positions in credit administration and management for 7 years at Greater Bay Bank as well as during his 17 year tenure with Wells Fargo Bank.

Mechanics Bank Appoints Larry Fountain as Executive Vice President and Director of Commercial Banking

Mechanics Bank announced the appointment of Larry Fountain as Executive Vice President and Director of Commercial Banking. Mr. Fountain has more than 25 years commercial banking experience and most recently held the role of Executive Vice President and Regional President for the San Francisco Bay Area Market at Torrey Pines Bank in Oakland. He was responsible for growth and profitability with a focus on credit delivery, risk management and business development.

Mechanics Bank Announces Retirement of E.M. "Eddie" Downer III from the Board of Directors, Effective December 31, 2013

E.M. "Eddie" Downer III has retired from the Board of Directors of Mechanics Bank, effective December 31, 2013. Mr. Downer, grandson of the bank's founder E.M. Downer, served as Chairman of the Board from 1981 to May 2010, and held the title of Chairman Emeritus until his resignation. He also served as president of the bank from 1971 to 1981. Ms. Felton announced the election by the Board of Mr. Downer's son, Douglas Downer, to serve out the remaining few months of Mr. Downer's term. Another son, E. Michael Downer, currently serves as Vice Chairman of the Board of Directors.


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