Mechanics Bank
Daniel Watt is an accomplished finance professional with extensive experience in the mortgage and consumer lending sectors. Currently serving as Executive Vice President and Director of Mortgage and Consumer Lending at Mechanics Bank since March 2023, Daniel previously held the position of Regional First Vice President at Flagstar Bank Home Loans, where responsibilities included hiring sales leaders and loan advisors across multiple states. Daniel's background also includes significant roles at Bank of America as Senior Vice President and Senior Area Lending Manager, and at Wells Fargo Home Mortgage as a Home Mortgage Consultant. Additional experience encompasses client services management at iWorkGlobal, customer service at Pacific Gas and Electric Company, and project execution for the CEO at SUN-Pacific Federal Credit Union. Daniel holds a Bachelor of Science in Business Administration with an emphasis in Finance from California State University, East Bay.
Mechanics Bank
Mechanics Bank (the Bank) is a provider of a range of financial services. The Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services. The Bank operates approximately 33 offices in Contra Costa, Alameda, San Francisco, Marin, Napa, Placer, Sacramento, El Dorado and Santa Barbara counties. Its two subsidiaries are the MacDonald Auxiliary Corporation and The Mechanics Bank Community Development Corporation. The business purposes of the subsidiaries are lending and community development activities and holding deeds of trust securing loans made by the Bank and its subsidiaries. The Bank's loan portfolio includes commercial and industrial loans, commercial real estate loans, residential real estate loans, installment loans and lease financing. Its deposits include non-interest-bearing demand deposits, interest-bearing transaction accounts, and savings and time deposits.