United States · Financial institution
Mechanics Bank
Mechanics Bank is a banking corporation incorporated under California law, with its head office in Walnut Creek, California. It is a wholly owned subsidiary of Mechanics Bancorp, a Nasdaq-listed financial holding company in which Ford Financial Funds hold about 77% of the voting power. The bank was founded in 1905. It offers consumer and business banking, commercial lending, cash management, private banking, and wealth management and trust services through branches in California, Oregon, Washington and Hawaii. HomeStreet Bank merged into Mechanics Bank on 2 September 2025.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MEBKUS66XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MEBKUS66 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2012-03-10
- Last updated
- 2024-05-16
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Mechanics Bancorp
Institution type
Commercial bank
- Standing
- HomeStreet Bank merged into Mechanics Bank on 2 September 2025. Mechanics Bank was the surviving entity and continues to operate under its own name as a California-chartered bank. It is now a wholly owned subsidiary of Mechanics Bancorp, which was formerly HomeStreet, Inc.
- Ownership
- Mechanics Bancorp holds 100% of the bank, and Ford Financial Funds and their affiliates hold about 77% of the voting power of Mechanics Bancorp.
- Direct parent
- Mechanics Bancorp, United States 100%
- Ultimate owner
- Ford Financial Funds (controlling shareholder of Mechanics Bancorp, about 77% of voting power), United States
- Head office
- 1111 Civic Drive, 94596 Walnut Creek, United States
- Company register
- FDIC cert 1768 (Fed RSSD 936462)
Business lines
The bank offers consumer and business banking, commercial and real estate lending, residential mortgages, treasury management, private banking, and wealth management and trust services. In 2026 it sold its Fannie Mae multifamily Delegated Underwriting and Servicing (DUS) business line and most of its run-off indirect auto loan portfolio.
Online
- Websites & references
- mechanicsbank.com ↗
ir.mechanicsbank.com ↗ investor relations site of the holding company, Mechanics Bancorp
Wikipedia ↗
Wikidata Q6804580 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 15 pages consulted
- mechanicsbank.com/
- mechanicsbank.com/about-us/who-we-are/executives-board/
- mechanicsbank.com/routing-number/
- mechanicsbank.com/business-commercial/industry-expertise/international-services/
- mechanicsbank.com/resources/agreements-disclosures/regulatory-federal-resources/
- mechanicsbank.com/about-us/who-we-are/newsroom/2026/mechanics-bank-completes-sale-of-substantial-majority-o
- ir.mechanicsbank.com/governance/officers-and-directors/default.aspx
- ir.mechanicsbank.com/news-events/news/news-details/2026/Mechanics-Bancorp-Reports-First-Quarter-2026-Results/d
- nasdaq.com/press-release/mechanics-bancorp-reports-second-quarter-2026-results-2026-07-29
- businesswire.com/news/home/20250902628995/en/Mechanics-Bank-Completes-Strategic-Merger-with-HomeStreet-Inc
- fordfundlp.com/news/mechanics-bank-and-homestreet-inc-receive-regulatory-approvals-for-pending-strategic
- sec.gov/Archives/edgar/data/1518715/000114036125033560/ef20054890_8k.htm
- stocktitan.net/sec-filings/HMST/10-k-mechanics-bancorp-files-annual-report-ffc2ba6c5692.html
- aol.com/articles/mechanics-bancorp-mchb-q2-2026-003324000.html
- en.wikipedia.org/wiki/Mechanics_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- C.J. Johnson President and Chief Executive Officer
- Chair
- Carl B. Webb Executive Chairman, Mechanics Bancorp (holding company)
- Chief financial officer
- Nathan Duda Chief Financial Officer
- Executive
- Randy Melby Chief Risk Officer
- Executive
- Chris Pierce Chief Operating Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Federal Deposit Insurance Corporation Prudential supervisorAML supervisorResolution
- United States
- California Department of Financial Protection and Innovation Prudential supervisor
- United States
- Consumer Financial Protection Bureau Conduct
Recent events
Researched 29 Sep 2026 · Sources
-
Other
Mechanics Bancorp completed the sale of USD 417 million of performing indirect auto loans to Bank of America at a price near book value.
mechanicsbank.com ↗ -
Leadership
HomeStreet's chief executive, chief financial officer and six directors resigned at the merger, and Mechanics Bank executives C.J. Johnson and Nathan Duda took over those roles.
sec.gov ↗ -
Merger / acquisition
HomeStreet Bank merged into Mechanics Bank, and HomeStreet, Inc. was renamed Mechanics Bancorp and became the bank's sole shareholder.
businesswire.com ↗ -
Licence
The Federal Reserve Board, FDIC, California DFPI and Washington Department of Financial Institutions approved the merger with HomeStreet Bank.
fordfundlp.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MEBKUS66XXX
- How the BIC breaks down
- MEBKBank
- USCountry · United States
- 66Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300TF1E42EUFBSL45
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United States · North America
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1905
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 1111 CIVIC DRIVE WALNUT CREEK 94596-3895 UNITED STATES OF AMERICA
- Operational address
- 1111 CIVIC DRIVE WALNUT CREEK,CA WALNUT CREEK,CA 94596 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MEBKUS66XXX</BICFI>
<LEI>549300TF1E42EUFBSL45</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MEBKUS66XXX</BICFI>
<LEI>549300TF1E42EUFBSL45</LEI>
<Nm>MECHANICS BANK</Nm>
<PstlAdr>
<TwnNm>WALNUT CREEK</TwnNm>
<Ctry>US</Ctry>
<AdrLine>1111 CIVIC DRIVE WALNUT CREEK 94596-3895</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: mechanicsbank.com (official website) · original.
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