Mechanics Bank
Jason Letendre is a Credit Risk Senior Manager at Mechanics Bank since 2017. With a Bachelor of Arts degree in Economics from UCLA, Jason has a strong background in credit risk management. Prior to their current role, Jason held positions at companies such as Luther Burbank Savings, Santa Barbara Bank and Trust, Indymac Bank, and Comerica Bank, where Jason implemented strategies to reduce problem assets, assess loan originations, and develop risk management frameworks. Jason's expertise in credit risk management has been instrumental in achieving regulatory compliance, reducing credit risk, and implementing new policies and procedures.
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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.