WALNUT CREEK, Calif.--(EON: Enhanced Online News)--Mechanics Bank today announced that the company’s Board of Directors has appointed Christa Steele as President and Chief Executive Officer. In its rigorous search for a new CEO, the Board sought a leader who could build upon Mechanics Bank’s reputation as a superior community bank in Northern California. Christa will join the Bank on October 21, 2013.
“She has strong credit skills and treasury management experience. Christa is well-versed in technology, operations and product management, and arrives with a very solid reputation with both regulators and clients.”
“Christa’s excellent credentials reflect the high bar at which our executive management team currently performs,” said DD Felton, Chairman of Mechanics Bank. “Christa will bring intense and inspiring enthusiasm to our team, with community banking in her blood. She is an accomplished leader and career banker with a proven track record of successfully guiding business growth and process improvement.”
Michael Downer, Vice Chairman of Mechanics Bank, added, “She has strong credit skills and treasury management experience. Christa is well-versed in technology, operations and product management, and arrives with a very solid reputation with both regulators and clients.”
For the last 11 years Ms. Steele has been employed by Farmers & Merchants Bancorp, a successful Northern California community banking enterprise, most recently as an EVP, Wholesale Banking Manager.
“I am truly invigorated by the opportunities present in the Bay Area for the Community Banking model, and expect Mechanics Bank to continue to flourish,” said Steele. She added, “Mechanics Bank has a longstanding reputation for excellence. We will continue to be a true relationship bank and the best alternative to the big banks in Northern California.”
About Mechanics Bank
For more than a century, Mechanics Bank has been committed to helping people build prosperous communities as a trusted financial partner, forging lasting relationships through teamwork, respect and integrity. The $3 billion independent bank offers personal banking, business banking, trust and wealth management services across Northern California. For more information, please visit www.mechanicsbank.com.