Fifth Third to acquire DUS business of Mechanics Bank.

Fifth Third, a diversified financial services company, agreed to acquire DUS business of Mechanics Bank, a full-service bank. Financial terms are not disclosed. “This transaction is compelling for all parties and creates a great opportunity for our talented DUS team. Fifth Third will provide an enhanced platform for growth and we are confident the DUS Business will thrive under their leadership,” C.J. Johnson, Mechanics President and CEO.