Company: MCHB
Filing Date: 2025-05-09
Form Type: 425
Source: 0001518715-25-000085
Chunk: 5

Company: Mechanics Bancorp
Filing Date: 2025-05-09
Form: 425
Chunk 5
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 hurt or change the culture that I so admired here, which is based largely on serving the communities, not just in financial ways, but in investing in the communities. We're one of the most philanthropic banks for our size, but also more importantly the connection of our employees and volunteering time with local nonprofits primarily around our branches. The branches are very involved in making decisions on who they're going to support and accordingly we have many thousands of volunteer hours every year. It helps our CRA rating, but also it's created a culture of connection to the communities. And I know, your experiences is similar, maybe you can talk to us about your culture. . C.J. Johnson I'll just say this from a community perspective, we are completely aligned. I think that is something that is a big major area of focus for our bank. It's something I personally spend a lot of time with serving on multiple nonprofit boards and just being very active in our CRA management and oversight. We have a tremendous group of employees that volunteer a lot of time, many hours across hundreds of nonprofits throughout the state. We bank a tremendous amount of nonprofits across the state. I think that's actually one of the highest growth areas of our bank - adding high quality nonprofits because we're so plugged into our communities. And it's something we really, really encourage our employees to volunteer. We grant two days of paid time off to go volunteer at any kind of organization of your choice. Last year we donated $2.5 million dollars, across I think 500 or so nonprofit organizations. So that in general for a community bank I think it's a differentiator, and I think it's important to A), it's the right thing to do. B), it's important to our employees, and

so that's a key part of our culture. The other part on our business side of the culture is we want to be a high performing bank, right? We have high expectations from the ownership level all throughout the organization that if we're going to come to work every day, I, and I think our team, we want to be at a bank that's doing well, that's going to be one of the top performing banks in the country. We focus on it, we want to hire people that work hard and can really do their job well. At the same time we also have a culture where we want to enjoy coming to work. We want to enjoy who we work with. We want to recognize our employees who have been with the bank for a long