YREKA, Calif.--(BUSINESS WIRE)--Jul 13, 2018--Mechanics Bank (“Mechanics”) (OTCBB: MCHB) (formerly Scott Valley Bank) announced today that they will immediately donate $10,000 for relief and recovery efforts for those who have been impacted by the Klamathon Fire near Yreka, CA. In addition to the donation, Mechanics Bank has established a fund to accept donations from the community and is encouraging community participation by offering to match the amount of any community contribution, up to an additional $10,000. All donations will be used to benefit those individuals, families and businesses suffering damage or displacement from the Klamathon Fire.

The Bank is partnering with the Sheriff Lopey Foundation of Siskiyou County to manage the distribution of the funds and ensure that they go directly to those in immediate need.

“As a community bank, this is what we do,” said Rauly Butler, Executive Vice President and Director of Retail Banking. “These are our friends, neighbors, and customers, and we’re all in this together. We know there’s an immediate need, and our hope is that this also gives others in the community a way to help as well.”

“Our hearts go out to everyone impacted by the Klamathon Fire,” said Jon Lopey, who began the Sheriff Lopey Foundation seven years ago. “We all know how quickly lives and livelihoods can change in these types of disasters. We’re here to help the community, and we’re grateful to have a partner like Mechanics Bank to help lead the fundraising effort.”

Contributions to the relief fund are being accepted at all Mechanics Bank branches (formerly Scott Valley Bank branches), or checks may be sent by mail to Mechanics Bank, Attn: Klamathon Fire Relief Fund, 2544 Westside Road, Yreka, CA 96097. Locations and phone numbers of local Mechanics Bank branches are available at www.mechanicsbank.com.

For those in need of financial assistance from the Klamathon Fire, please contact the Sheriff Lopey Foundation at (530) 859-0230 or via email at edpecis@yahoo.com. For more information on the foundation, please visit www.SheriffLopey.com.

Mechanics Bank is covering any administrative costs so that 100% of all contributions goes directly to the fire victims, and there are no dollars withheld for operating, overhead or expense purposes.

About Mechanics Bank

Established in 1905, Mechanics Bank is an independent, full service community bank. With more than $5.7 billion in assets, it is the largest bank headquartered in Northern California’s East Bay region with 45 branch offices throughout California and Oregon. They provide a highly personalized relationship banking experience that includes consumer and business banking services, commercial lending, cash management services, and comprehensive trust, wealth management and private banking services. The acquisition of Learner Financial and Scott Valley Bank which closed on May 1, 2018 added assets of approximately $692 million, as well as the 11 branch offices serving Shasta and Siskiyou Counties, Southern Oregon and the Portland area. More information may be found at www.mechanicsbank.com.

About The Sheriff Lopey Foundation

Established in 2011 by Jon and Maxine Lopey, The Sheriff Lopey Foundation strives to benefit the greatest number of Siskiyou County citizens by providing funds to members and organizations within the county that serves its citizens. The Foundation concentrates on senior citizens, youth, military veterans, law enforcement education, training and support, and other charities that benefit the community. The Foundation is recognized as a non-profit organization under the 501(c) (3) of the US Internal Revenue Code. More information is available at www.SheriffLopey.com.

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CONTACT: Mechanics Bank

Val Jereb, 530-842-5701 x203

Val_Jereb@mechanicsbank.com

or

David Louis, 510-741-3328

David_louis@mechanicsbank.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE OTHER PHILANTHROPY FUND RAISING

SOURCE: Mechanics Bank

Copyright Business Wire 2018.

PUB: 07/13/2018 08:09 PM/DISC: 07/13/2018 08:09 PM

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