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MCHB

MechanicsยทNASDAQ
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MCHB Profile

Mechanics Bancorp

A diversified financial services company

Financial services
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02/10/2012
NASDAQ Stock Exchange
787
12-31
Common stock
1111 Civic Drive Suite 390 Walnut Creek California 94596
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Mechanics Bancorp is a diversified financial services company founded in 1921, headquartered in Seattle, Washington, and serving clients primarily in the Pacific Northwest, California and Hawaii. HomeStreet Corporation is principally engaged in real estate lending business, including mortgage banking, as well as commercial and retail banking. Its main subsidiaries are HomeStreet Bank and HomeStreet Capital. It is a Washington State-chartered savings bank that provides residential and commercial loans, deposit products and services, non-deposit investment products, private banking and cash management services, etc. The Company's primary loan products include single-family residential mortgages, commercial real estate mortgages, residential and commercial real estate construction loans, and commercial business loans. HomeStreet Capital is a Washington based company responsible for the underwriting and maintenance program (DUS) commissioned by Fannie Mae Mae in partnership with HomeStreet Bank. (DUS is a registered trademark of Fannie Mae Mae Inc.) It initiates, sells and maintains multi-family mortgage loans and provides insurance products and services to consumers and businesses under the name of HomeStreet Insurance Company.