Mechanics Bank completes Rabobank acquisition

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By Staff Report / Tuesday, September 3rd, 2019 / Comments Off on Mechanics Bank completes Rabobank acquisition

Mechanics Bank completed its acquisition of Rabobank, N.A., a subsidiary of Rabobank Group, on Sept. 3. The $2.1 billion deal, announced earlier this year, introduces Mechanics, an extremely well-capitalized institution, to the Central Valley and Central Coast, while Rabobank will remain a formidable power in agriculture and alternative energy finance. Walnut Creek-based Mechanics acquired Rabobank’s…

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