Mechanics Bank Receives 'Outstanding' Community Reinvestment Act (CRA) Rating

WALNUT CREEK, CA – July 1, 2019 – Mechanics Bank announced today that it has received a rating of ‘Outstanding’ from the Federal Deposit Insurance Corporation (FDIC) for the Bank’s most recent Community Reinvestment Act (CRA) examination period of May, 2016 through April, 2019. The exam rating included Performance Test results of ‘Outstanding’ in the Investment and Service Test areas, and a rating of ‘High Satisfactory’ in the Lending Test category.

“I could not be more proud of our organization” said John DeCero, President and CEO of Mechanics Bank. “It is my understanding that very few banks nationwide receive such a lofty rating. We are a Community Bank and we have always taken our local commitment very seriously, it is just part of who we are. It is also nice to be recognized for all of the time and energy our employees invest in supporting and enhancing our communities. It is a great reflection of their efforts and we look forward to continuing to build on that success.”

The CRA exam evaluates the Bank’s ability to help meet the credit needs of the communities in which it operates and requires that each insured depository institution’s record in helping meet those needs be evaluated periodically. Mechanics Bank now enters a new three-year exam period, which concludes in the Spring of 2022.

The full CRA Performance Evaluation is posted to the Bank’s public file located on the Mechanics Bank website at

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