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Friday, September 13, 2019Categories: Press Release
The agreement follows Mechanics Bank’s recent merger with Rabobank, N.A.
BAKERSFIELD, Calif., Sept. 12, 2019 — Mechanics Bank and the City of Bakersfield today announced new naming rights for the city’s downtown arena. Under the new agreement, which will remain in effect through January 2025, the popular facility will be named Mechanics Bank Arena, Theater & Convention Center. The name-change follows Mechanics Bank’s Sept. 1 merger with Rabobank, N.A., which previously held similar rights.
Home to the Bakersfield Condors, Bakersfield Symphony, and scores of concerts and other events each year, Mechanics Bank Arena, Theater & Convention Center is managed and operated by AEG Facilities.
“The range of integrated programs at the arena’s facilities are of tremendous benefit to residents across our region,” said Kathleen Kelly, Region Manager for Mechanics Bank. “Together with the City of Bakersfield and AEG, Mechanics Bank and its employees are committed to helping sustain and expand on programs that engage the entire community.”
“The arena, theater and convention center has been home to many different kinds of events over the years, bringing a variety of entertainment – from professional hockey, to concerts, high school wrestling and children’s programs – to the residents of Bakersfield and beyond,” said Alan Tandy, City of Bakersfield City Manager. “While the name on the outside is changing, the City expects the same level of entertainment options will continue to be available to the public going forward and the City is excited as the downtown arena moves into a new era.”
“Mechanics Bank has a long history in California of investing its energy and resources in valuable programs and events that bring the community together,” said Steve Eckerson, General Manager of AEG Facilities’ Mechanics Bank Arena. “They’re a terrific partner who shares our values and long-term goals.”
About Mechanics Bank
Mechanics Bank is an independent, full-service community bank based in Walnut Creek, California, with over $17 billion in assets, a best-in-class deposit franchise and 144 branches. It was founded in 1905 to assist the area’s local businesses and families and hasremained focused on building lasting customer relationships throughout its storied history. Today, Mechanics Bank is one of the largest California-based banks and continues to earn its reputation as a successful and trusted financial partner committed to helping consumers, businesses and communities grow and prosper. Mechanics Bank provides a highly personalized relationship banking experience that includes consumer and business banking services, commercial lending, cash management services, and comprehensive trust, investment and wealth management services. Mechanics Bank received a rating of ‘Outstanding’ from its primary regulator, the Federal Deposit Insurance Corporation (FDIC), for its most recent Community Reinvestment Act (CRA) examination period of May 2016 through April 2019. Mechanics Bank is a Member FDIC institution and Equal Housing Lender. More information is available at www.mechanicsbank.com.
About AEG Facilities
AEG Facilities is a stand-alone division of AEG, the leading sports and live entertainment company in the world. AEG and its affiliates owns, operates or consults with more than 150 of the industry’s preeminent venues worldwide, across five continents, providing complete venue management, as well as specialized programs in operations, guest services, ticketing, booking, sales and marketing. AEG Facilities also provides resources and access to other AEG-affiliated entities, including AEG Presents, one of the largest live music companies in the world, AEG Global Partnerships and AEG Real Estate, as well as such industry leading programs as AEG 1EARTH and AEG Encore to support the success of its venues across the globe. The Los Angeles-based organization owns, operates or provides services to the world’s most elite venues, including STAPLES Center and Microsoft Theater (Los Angeles, CA), Oracle Arena and Oakland-Alameda County Coliseum (Oakland, CA), Dignity Health Sports Park (Carson, CA), T-Mobile Arena (Las Vegas, NV), Sprint Center (Kansas City, MO.), Pechanga Arena San Diego (San Diego, CA), KFC Yum! Center (Louisville, KY.), AmericanAirlines Arena (Miami, Fla.), Barclays Center (Brooklyn, N.Y.), Target Center (Minneapolis, MN), PPG Paints Arena (Pittsburgh, PA), Mercedes-Benz Arena (Shanghai, China), Cadillac Arena (Beijing, China), The O2 (London, England), Mercedes-Benz Arena (Berlin, Germany), Barclaycard Arena (Hamburg, Germany), Stadio Della Roma (Rome, Italy), SSE Hydro (Glasgow, UK), RAC Arena (Perth, Australia), Suncorp Stadium (Brisbane, Australia), Qudos Bank Arena and ICC (Sydney, Australia), Friends Arena and Ericsson Globe Arena (Stockholm, Sweden), Los Angeles Convention Center (Los Angeles, Calif.), Hawaii Convention Center (Honolulu, HI), Puerto Rico Convention Center (San Juan, Puerto Rico) and the Oman Convention & Exhibition Center (Muscat, Oman). For more information, please visit aegworldwide.com.
Director of Communications
AEG Management Bakersfield, LLC
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