As of Tuesday, September 2, 2025, HomeStreet is now Mechanics Bank. This merger allows us to deliver even more value to you and serve you in more locations.
Mechanics Bank is an independent, full-service bank based in Walnut Creek, California, with more than $22 billion in assets, and a best-in-class deposit franchise. Managing a transparent and simple balance sheet, Mechanics Bank values core banking and lending principles that have allowed it to withstand challenging times, including the 1906 San Francisco earthquake and fire, the Great Depression, and World Wars I and II.
A letter from Mechanics Bank President and CEO, C.J. Johnson
Welcome, to Mechanics Bank! Our merger with HomeStreet Bank 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
Here's what to know now
Bank as usual
Your day-to-day banking remains unchanged for now as we work to integrate our organizations. There are no changes to your accounts or services. You’ll continue to be greeted by the same familiar faces at the same convenient locations.Accounts transition early next year
In the first quarter of 2026, we expect to begin integrating our two banking systems, which may result in changes to your account(s) and our current products and service offerings. We’re confident that any changes will provide access to even more banking and financial solutions to help you achieve your goals, as well as enhance your online and mobile banking experience.FDIC insurance
Now that our organizations are combined, it’s important to understand how your accounts are protected under FDIC insurance. Learn more here.Enhanced resources and convenience
The merger brings a broader, more convenient network of banking centers — 166 in all — throughout California, Washington, Oregon, and Hawaii. Enjoy this immediate benefit—you can now use your HomeStreet debit card to make cash withdrawals at any Mechanics Bank banking center ATM with no fees.*Have questions?
Please see our FAQs below and our updated privacy notice. You can also reach us at 1.800.719.8080. We’re here to help you 24/7 (except major holidays).Watch for ongoing updates
We’ll keep you informed throughout the transition with timely updates. Please ensure your contact information is up to date with us so you receive all the important communications.Frequently asked questions
Your account will be serviced by Mechanics Bank in accordance with the terms of your loan documents or credit agreement. Nothing else about your loan will change. As well, your payment mailing address, your account number and payment options will remain unchanged. You may continue to send your payments to: Mechanics Bank, P.O. Box 34610, Seattle, WA 98124-1610.
Connect with us
We're here for you—every step of the way. If you have questions, concerns, or just want to talk through what this merger means for you please don't hesitate to reach out.
Find Us
Call us at 800.719.8080
Additional Resources
Check back frequently for more information and resources to help you navigate this transition.
