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Community Service
About Us > Our Community Commitment > Community Service

We Care About Our Communities

Mechanics Bank annually supports organizations that help brighten the lives of our neighbors and enrich the quality of our communities where we live and work. For example, we invest in local Boys and Girls Clubs, Junior Achievement, Volunteer Income Tax Assistance, community health clinics, children advocacy organizations, elderly support organizations and our public school programs. Further, our “Investing in Today’s Youth” financial literacy training is integrated into the curriculum of six public high schools in the San Francisco Bay Area.

We also continuously support community development, demonstrated through our support of Community Development Financial Institutions (CDFIs), which provide economic development through job training, small business lending and technical assistance to low-income, minority, and women-owned businesses.

Finally, we encourage our employees to volunteer their time, talent, and professional skills to organizations near and dear to their hearts. In 2019, Mechanics Bank employees supported more than 50 community-based organizations by contributing 875 volunteer hours. As our organization grows, we’re exploring additional ways to make volunteerism a central part of being a Mechanics Banker, allowing employees to devote several hours of work time per year to charitable causes.

Community Development

We believe in strong and vibrant communities, which is demonstrated through our support of Community Development Financial Institutions (CDFIs), which provide economic development through job training, small business lending and technical assistance to low-income, minority, and women-owned businesses. Our community development efforts also include affordable housing support such as a 10-unit self-help Habitat for Humanity project located in Oakland, a 48-unit family apartment in Calistoga, and a 62-unit multi-family project in Richmond, utilizing Low-Income Housing Tax Credits.

Community development

Financial literacy

Financial Literacy

Mechanics Bank is proud to announce that we are investing in our youth by providing them with the financial education needed to be successful in the 21st century. Mechanics Bank’s “Investing in Today’s Youth” financial literacy training is integrated into the curriculum of six (6) public high schools. With this initiative Mechanics Bank can provide comprehensive financial education to students in low-income communities, while establishing a high standard with lasting social benefit. Upon completion, students will be certified in financial literacy.

Volunteerism

Last year, Mechanics Bank employees supported more than 50 community-based organizations by contributing 875 volunteer hours. We are proud of this accomplishment as our employees “roll up their sleeves” and get set to help our communities next year!

Volunteerism

Community involvement

Community Involvement

We strive to understand the needs of the communities throughout our footprint. To achieve this we work closely with our community partners to offer programs such as Individual Development Accounts (IDAs) for individuals who are saving to start a business, college education or buying their first home; local chambers of commerce to support business and community-based organizations; and working with the Federal Home Loan Bank of San Francisco (FHLBSF) to provide 3:1 first-time homebuyer down payment and closing cost assistance through the Workforce Initiative Subsidy for Homeownership (WISH) and Individual Development and Empowerment Account (IDEA) programs.

Philanthropy

Our Corporate Giving Program helps to support nonprofit organizations whose goals are to make our communities better. This is achieved by giving a majority of the donations to organizations that directly support or target low- to moderate-income individuals and/or communities. Organizations that benefit from Mechanics Bank donations and grants include local Boys and Girls Clubs, Junior Achievement, Volunteer Income Tax Assistance, community health clinics, children advocacy organizations, elderly support organizations and our public school programs.

Philanthropy

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Mechanics Bank

Routing Number: 121102036
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Oakland A's

The Official East Bay Bank of the Oakland A's

Forbes Best Banks 2022

© 2022 Forbes Media LLC. Used with permission.

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Deposit and loan products are offered by Mechanics Bank, Member FDIC
equal housing lender logo Equal Housing Lender NMLS#442116


Investment management and trust services are offered by Mechanics Bank Wealth Management. Mechanics Bank investment products are:

Not FDIC Insured     |     Not Bank Guaranteed     |     May Lose Value

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