What’s Next for HomeStreet Clients
We’re proud to continue serving you at Mechanics Bank. As we are preparing to transition your accounts to Mechanics Bank in early 2026, here’s a summary of what you can expect.
Welcome HomeStreet Bank
I’d like to welcome our HomeStreet Bank clients to Mechanics Bank! Our merger with HomeStreet has united two historic West Coast companies with strong values and dedicated employees who are passionate about serving you and our local communities.
Together, we will provide you an even broader, more convenient network of 166 branches throughout California, the Pacific Northwest and Hawaii – and you’ll still be greeted by the same familiar faces at the same convenient locations.
You can also expect Mechanics Bank to practice our time-tested, common-sense banking principles that have made us strong, safe and resilient since 1905.
In the coming weeks and months, we’ll provide updates here about any changes you may experience with your accounts. In the meantime, please do not hesitate to contact us if you have any questions. We’re here to help.
Thank you for your continued trust in us. We look forward to a bright future together and to serving your financial needs.
Sincerely,
C.J. Johnson
President and CEO
Banking Built Around You
Together, we have the capacity and scale to enhance our investments in you, with more products, more solutions, and more resources. And it’s all built around the same highly personal service focused on your success.
Better. Together.
Same Commitment
We remain committed to you and our relationship, to our communities and to maintaining our commonsense, community banking principles that have made Mechanics Bank safe and strong for 120 years and counting. Learn more
More Access
Our expanded footprint gives you access to 166 branches, additional ATMs, and more lending centers throughout California, Washington, Oregon and Hawaii. Visit our Locations page.
For Now, It’s Banking as Usual
- Your day-to-day banking remains unchanged for now as we work to integrate our organizations in the future.
- There are no changes to your accounts or services, or how you conduct your banking today.
- You’ll continue to be greeted by the same familiar faces at the same convenient locations.
- You’ll begin to see the Mechanics Bank name and logo appear at your local branches, at ATMs, throughout the homestreet.com website and in your online and mobile banking tools.
- For a summary of what’s of you need to know, please see our Welcome Brochure.
What's Next
- During the first quarter of 2026, your HomeStreet account(s) will transition to Mechanics Bank.
- To ensure a smooth transition, we will be reaching out to you with more detailed information, expectations and instructions in the near future.
- Please also continue to visit both homestreet.com and mechanicsbank.com for the latest information as it becomes available.
- FDIC Insurance: If you have deposit accounts at both banks, please reach out to us so we can help you maximize your FDIC coverage. See FDIC insurance FAQ below to learn more.
- Questions? Please visit our FAQ section below, or contact us at 800.797.6324
Fraud Prevention
As we move forward towards the transition of your accounts to Mechanics Bank, we want to remind you to stay vigilant against potential fraud. Scammers may attempt to pose as Bank representatives during this time.
Please know that Bank employees will never call, email or text you and ask for your account number, social security number, PIN, username, password, or to grant remote computer access.
If you receive a call, email or text like this, or if you're ever unsure about any communication you receive, please contact us directly using trusted channels (phone numbers listed on either mechanicsbank.com or homestreet.com before taking any action or sharing any information.
Your security is our top priority. Thank you for your continued trust.
General Merger FAQs
Mechanics Bank completed its strategic merger with HomeStreet Bank on September 2, 2025. On March 31, 2025, the two companies jointly announced they had entered into a definitive merger agreement. They jointly announced on August 19, 2025, the receipt of all required regulatory approvals for the merger. Mechanics Bank expects to complete its transition of legacy HomeStreet Bank accounts to Mechanics Bank systems in the first quarter of 2026.
The merger brings together two banks that have been pillars in their respective communities for well over a century – 224 years of service combined – and presents an opportunity for us to deliver even more value to you.
You’ll enjoy a broader, more convenient network of banking centers – 166 in all – throughout California, Oregon, Washington and Hawaii. We’ll have even more capacity and resources to meet your evolving banking and lending needs.
Yes. HomeStreet Bank is now Mechanics Bank, although HomeStreet Bank clients will continue to use HomeStreet Bank’s website and online/mobile banking tools to access their accounts and do their banking until Mechanics Bank transitions all accounts in the first quarter of 2026.
Accounts & Transactions – HomeStreet Bank FAQs
No. For the time being, HomeStreet Bank clients may continue banking with us just like always. The full integration of our products and services are not expected until the first quarter of 2026.
No. For the time being, HomeStreet clients should continue banking with us just like they do today. The full integration of our products and services not expected until the first quarter of 2026.
- Use your current HomeStreet Bank account number(s) and loan number(s)
- Use your current HomeStreet Bank routing/transit number for all transactions
- Use your same HomeStreet Bank checks, ATM/Debit Card and Visa® credit cards
- Use your usual online banking and bill payment service at HomeStreet.com until further notice
- Use your same HomeStreet mobile banking apps until further notice
- Handle all of your transactions as usual (deposits, loan payments, etc.)
- Contact your local banker or relationship manager with any questions
HomeStreet Bank accounts will be serviced by Mechanics Bank in accordance with the terms of a client’s loan documents or credit agreement. Nothing else about your loan will change. As well, the payment mailing address, account number and payment options will remain unchanged. Clients should continue to send their payments to: Mechanics Bank, P.O. Box 34610, Seattle, WA 98124-1610.
Have more questions about a HomeStreet Bank loan? For a list of contact numbers, please visit the www.homestreet.com Contact Us page.
Until further notice, please continue to access online banking, bill payment and other services at HomeStreet.com.
No. HomeStreet Bank clients should continue using the HomeStreet mobile banking app until further notice.
Bank mergers are an opportune time for fraudsters to try and scam you. The security of your personal information is our priority and we continuously work to protect your information and personal data. We use state-of-the-art security equipment and rigorous security protocols for your protection.
Please be aware that we will never call, email or text you to and ask for any of your personal information (e.g. account numbers, Social Security numbers, debit/credit card numbers, login credentials, passwords, PINS) and we won’t ask for remote access to your computer. If you receive a suspicious call, hang up immediately. If you are a HomeStreet Bank client, please contact Customer Service at 800.719.8080. If you are a Mechanics Bank client, please contact Customer Care are 800.797.6324.
Yes. Both Mechanics Bank and HomeStreet Bank clients can make in-branch deposits, withdrawals and other limited in-person banking transactions at all locations. In the first quarter of 2026, both banks’ clients can expect to enjoy unfettered access to all services at our 166 locations throughout California, Oregon, Washington and Hawaii, and through all Mechanics Bank digital channels.
Yes. Both Mechanics Bank and HomeStreet Bank clients can make withdrawals surcharge free from ATMs operated by either bank (but deposits are not accepted at each other’s ATMs at this time).
Yes. FDIC insurance remains automatic and free. Standard FDIC insurance coverage is $250,000 per depositor, per insured bank, for each account ownership category.
As of September 2, 2025, Mechanics Bank and HomeStreet Bank are considered insured by the same depository institution (Mechanics Bank). Basic FDIC insurance coverage for deposit accounts (checking, savings, money market, and certificates of deposit [CDs]) is $250,000. If you have deposits at both banks at this time, your deposits will remain insured separately for at least six months from this date and possibly longer for CDs. This grace period gives you the opportunity to restructure your accounts, if necessary. You may also qualify for more than $250,000 in FDIC insurance coverage if you own deposit accounts in different ownership categories.
Your local branch staff will be able to discuss account options and additional solutions with you to help optimize your FDIC insurance. If you have questions about FDIC insurance or would like to calculate coverage for your individual situation, please visit www.fdic.gov/deposit/deposits
If I have an account-related question, who should I contact?
If you are a HomeStreet Bank client, please contact Customer Service at 800.719.8080. If you are a Mechanics Bank client, please contact Customer Care are 800.797.6324.
Current Mechanics Bank Clients FAQs
FDIC insurance remains automatic and free for you as a customer. Standard FDIC insurance coverage is $250,000 per depositor, per insured bank, for each account ownership category.
As of September 2, 2025, Mechanics Bank and HomeStreet Bank are considered insured by the same depository institution (Mechanics Bank). Basic FDIC insurance coverage for deposit accounts (checking, savings, money market, and certificates of deposit [CDs]) is $250,000. If you have deposits at both banks at this time, your deposits will remain insured separately for at least six months from this date and possibly longer for CDs. This grace period gives you the opportunity to restructure your accounts, if necessary. You may also qualify for more than $250,000 in FDIC insurance coverage if you own deposit accounts in different ownership categories.
Your local branch staff will be able to discuss account options and additional solutions with you to help optimize your FDIC insurance. If you have questions about FDIC insurance or would like to calculate coverage for your individual situation, please visit www.fdic.gov/deposit/deposits.
Yes. Both Mechanics Bank and HomeStreet Bank clients can make in-branch deposits, withdrawals and other limited in-person banking transactions at all locations. In the first quarter of 2026, both banks’ clients can expect to enjoy unfettered access to all services at our 166 locations throughout California, Oregon, Washington and Hawaii, and through all Mechanics Bank digital channels.