Mechanics Bank completes sale of remaining performing auto loans to Bank of America
Mechanics Bancorp says its Mechanics Bank subsidiary completed the sale to Bank of America’s trading desk of about $417 million of remaining performing indirect auto loans at a price near book value, with an Augus… cutoff date.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.