Reposition
For more than 110 years, Mechanics Bank has been committed serving the needs of its communities, enriching local lives and driving economic growth. With more than $5.4 billion in assets and 43 branches throughout California, they provide a highly personalized relationship banking experience that includes consumer and business banking services, commercial lending and deposit solutions, comprehensive trust and wealth management services as well as a national indirect auto lending unit.
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...
