Mechanics Bank (CA)

Overview / Commentary
1111 Civic Drive
Walnut Creek, CA 94596

Mechanics Bank (CA) is headquartered in Walnut Creek and is the 11th largest bank in the state of California. It is also the 105th largest bank in the nation. It was established in 1905 and as of June of 2022, it had grown to 1,730 employees at 122 locations. Mechanics Bank (CA) has an A health rating.

Reviews (7)

Mechanic's Bank Rocks

My partner and I have our own general contracting business, specializing in residential remodels. We began using Mechanic's Bank for our business account approximately 15 years ago. Mechanics Bank rocks!
We love the personal service and attention that we get from Mechanic's Bank. They treat us like they're happy to see us. They're always happy to help when we have a question about our account, or about other services like Cashier's Checks or Government Savings Bonds. And they even provide a security guard who helps people safely cross the busy parking lot at our local branch, which is located right on the corner of a busy intersection.
We appreciate that they have many convenient local branches and that they offer a business checking account that meets our needs.
I would recommend Mechanic's Bank to anyone looking for a small, local bank.

Mechanics Bank, Nice Name

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This is a decent bank. Yes they are local and there seems to be a few sincere people working there, well at least at my local Berkeley branch. I like their name because I am a mechanic type of person, I rampantly fix things. However, a bank is a bank, they are people whose focus in life is money (not fixing things, that's just a name) so unsatisfactory experiences should be considered normal.
Yesterday, I deposited a check into my business account and I left and called the manager back at the Oakland office, her name is Emily Chan, to check on funds availability. She told me that the funds would be available immediately. When I got home from work to pay a credit card so that I could make an important purchase the next day, I found that only $200 is available of a much larger deposit. So actually the bank manager just casually lied to me. I called in to speak to someone about the incident that evening and after waiting 45 minutes, the customer service manager came on the telephone and told me I should contact Rauly Butler the next morning (a Saturday) to report the incident and clear up the situation. Since that information sounded somewhat strange, I asked about his working hours and that supervisor actually gave me specific hours, I called and of course he does not even work on the weekends. What did I get? apologies of course and nothing else. I know I am so naive, but anyways bottom line is I have had a better bank but god knows next to Chase, B of A, etc, this is a great bank.

Worse Bank In The World

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Please never do business with Mechanics Bank, it's customer service is worse in the planet, their web site is looking like it's from the previous century, there are unclear limits, they do not allow you to pay as much as you want, there are bunch of stupid limits that go against the credit agreement. Looking forward to refinance my credit and never never never come back to mechanics bank

Don't Do It

Posted by: |

Don't get a loan here you will b ripped off worse place to deal with nothing matches with what i sign on my paper work. customer service is horrible the online site is trash just don't do it

Like Being In A Narcissistic Relationship

Posted by: |

After nine years of patronage, I closed out my accounts w/ you today, never to return. In 2012, after my divorce, I started a checking account w/ Mechanic’s Bank and expected to bank with you for the rest of my life but, no more. The last few years of banking with you has felt reminiscent of being in a relationship with a narcissist. First, you closed down your Sacramento branch creating a hardship for all your Sacramento patrons. Whenever I’d have to do business at a “local” branch, I’d either have to drive 22.5 miles up to Roseville -a trip which takes anywhere from 35 minutes to an hour depending on the god awful traffic Roseville incurs on a daily basis- or drive 25.5 miles up the hill to the El Dorado Hills branch -a trip which takes 28-45 minutes, depending on traffic. You have been promising to open up a new brick and mortar in Sacramento for the last three years. THREE YEARS! If I can afford rent in Midtown, so can you! Making promises you never intend to keep is called Future Faking. It’s a tactic narcissists use to keep stringing their partners along. Another issue is your online banking, or lack thereof. I have been trying for MONTHS to sign up for your online banking but it NEVER goes through. I’ve even wasted HOURS of my precious life sitting on the phone w/ your people trying to see if they could sign me up over the phone, only to be told time and time again that your “systems are down”. Even my friends would ask me, “Why are you still banking w/ them? They sound like such a hassle” & I’d defend you. No more! The last straw was when YOU cancelled my ATM card b/c of a one cent fraud charge and wouldn’t overnight me a new card for free. I explained to your staff that I was in the middle of a move and didn’t have the time to deal w/ having to drive to A COMPLETELY DIFFERENT CITY to get a new card issued to me. After nine years of patronage, NINE YEARS, you still said I had to pay $50 (FIFTY DOLLARS!?!?) if I wanted a card to be overnighted to me. Not once had I ever, in our entire nine year relationship, required you to overnight me anything and yet, you couldn’t do this for me, knowing that YOU had deactivated my card & YOU had shut down my local branch. It’s been fourteen days and I STILL haven’t received my replacement card!! Banking w/ you was like being in an abusive relationship and I would recommend you to no one.

Terrible Decline

Posted by: |

Mechanics bank was once terrific, with smart people, great service. Now, it is no different from the giants. I’m moving all my money as soon as it’s convenient.

Mechanics Bank Is Awful

Posted by: |

Mechanics Bank used to be great. It was like a credit union with super friendly staff, great customer service, and tons of perks. Now I get charged for everything, ridiculous over draft fees, high interest rates, 30 minute waits for customer service, and they closed the only branch in a 40 mile radius of me. This bank officially sucks. I have moved all of my money to a new institution that doesn't put profit over people. I would not recommend this bank to anyone. Might as well got o Chase or Wells Fargo where you can at least find a branch to go in and talk to someone.


Health Grade Components

FDIC Certificate #1768
Year Established1905
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD9.55%
Annual Interest Income$309.8MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$18.62B$18.80B
LoansQ2 2022vs Q2 2021$11.35B$11.10B
DepositsQ2 2022vs Q2 2021$16.15B$15.98B
Equity CapitalQ2 2022vs Q2 2021$2.23B$2.53B
Loan Loss AllowanceQ2 2022vs Q2 2021$133.3MM$132.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$39.9MM$50.3MM
Real Estate OwnedQ2 2022vs Q2 2021$0$738.00K

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