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Overview / Commentary
925-210-8170
1111 Civic Drive
Walnut Creek, CA 94596

Mechanics Bank (CA) is headquartered in Walnut Creek and is the 24th largest bank in the state of California. It is also the 257th largest bank in the nation. It was established in 1905 and as of March of 2016, it had grown to 453 employees at 30 locations. Mechanics Bank (CA) has an A health rating.

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Reviews (1)

Mechanics Bank, Nice Name

Posted by: KasinSF | Feb 8, 2014

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.



Health
A

Health Grade Components

Overall
FDIC Certificate #1768
Year Established1905
Employees453
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD4.3%
Annual Interest Income$27.1MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$3.61B$3.35B
LoansQ1 2016vs Q1 2015$1.66B$1.56B
DepositsQ1 2016vs Q1 2015$2.90B$2.91B
Equity CapitalQ1 2016vs Q1 2015$543.6MM$344.4MM
Loan Loss AllowanceQ1 2016vs Q1 2015$3.1MM$34.9MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$5.3MM$9.8MM
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates

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Locations

Mechanics Bank (CA) has 30 locations. Click to view all Mechanics Bank (CA) locations.