Parent Companies of MountainOne Bank and Mechanics Cooperative Bank Receive Regulatory Approvals to Merge

Merger Scheduled for January 1, 2026; MountainOne Bank and Mechanics Cooperative Bank to Continue to Operate Independently, Retain Existing Names and Brands MountainOne Financial, MHC, the mutual holding company parent of MountainOne Bank, and Mechanics Bancorp, MHC, the mutual holding company parent of Mechanics Cooperative Bank, announced today that all regulatory approvals required to complete […]