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Posts Tagged ‘Mechanics Bank’

Imminent sale of longtime Richmond bank brings windfall to owners, but impact on jobs unknown

By Knowles Adkisson | October 3, 2014 | 2

Mechanics Bank, a Richmond institution with a 109 year history is being sold to Ford Financial Fund, private equity firm from Texas, that specializes in buying and consolidating banks and selling them for profit. While stakeholders stand to make a windfall, some customers are taking their business elsewhere.

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Richmond history exhibit glimpses what might have been – what may still be

By Robert Rogers | August 7, 2011 | 1
lois boyle and John Ziesenhenne

The event, replete with showy performances, marked the 96th anniversary of “Richmond Day,” which was held Aug. 7, 1915 at the Panama Pacific International Exposition in San Francisco.

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The Mechanics Bank, a history shared with Richmond

By Veronica Moscoso | May 28, 2010 | 2

The life, survival and success of the Mechanics Bank is closely tied to the history of Richmond, its hometown. It’s Richmond’s oldest bank and the only one currently headquartered in this city.

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Richmond Confidential is an online news service produced by the UC Berkeley Graduate School of Journalism for, and about, the people of Richmond, California.  Our goal is to produce professional and engaging journalism that is useful for the citizens of the city.

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