In a move that will reshape the banking landscape along the West Coast, Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) have announced a definitive all-stock merger agreement, creating a $23 billion banking powerhouse spanning California, Washington, Oregon, and Hawaii. Under the terms of the agreement, HomeStreet Bank will merge with Mechanics Bank, with Mechanics surviving […]

The post Mechanics Bank and HomeStreet Announce $3.6 Billion Merger to Expand West Coast Presence first appeared on The UCW Newswire.