Mechanics Bank completed the merger with HomeStreet in a $300m deal.

Mechanics Bank, an independent, full-service bank based in Walnut Creek, California, completed the merger with HomeStreet, a diversified financial services company headquartered in Seattle, in a $300m deal. “We are pleased to close this transaction and create the premier community bank on the West Coast with our presence now spanning from San Diego to Seattle. We extend a warm welcome to HomeStreet’s customers and employees and look forward to serving the communities of the Pacific Northwest and Hawaii," Carl B. Webb, Mechanics Bancorp Executive Chairman.