Rabobank – Mechanics Bank merger
The strategic merger of Rabobank, N.A. (Rabobank’s retail bank in California) and Mechanics Bank was completed in 2019. In line with Rabobank’s ‘Banking for Food’ strategy, Rabobank N.A. was sold to Mechanics Bank, while its food and agri activities were retained by Rabobank Group.
This merger brought together two community-oriented, well-capitalized banks with common values and deep roots in California. Offering even greater strength, stability and convenience for their clients, the combined bank is uniquely positioned to be the premier community bank in the communities they serve.