“Safety and soundness” is a term we’ve taken seriously and spoken of genuinely since 1905. It points to the very foundation of the Mechanics Bank business model that puts safeguarding your money first. For some, business is strictly about profits and losses. For us, it’s about people and mutually beneficial relationships that endure. Understanding that every decision we make today effects our clients, our employees and our shareholders. We know that, together, we’re stronger. There’s also exceptional strength in our numbers, which far exceed banking industry norms and minimum requirements. Well capitalized and highly liquid, we maintain a transparent and simple balance sheet free of the hedges, derivatives or swaps that can weigh down the nation’s larger banks in times of stress. We value core banking and lending principles that have allowed us to withstand challenging times over the past century, and will continue to lead us today and into the future.
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