Do your client transactions involve more than one party? Have conditional requirements? Are they affected by critical time frames and complex disbursement of funds?
Having a large office staff to assist in handling all aspects of the transaction certainly helps to ensure that responsibilities are met. Yet, in today's business environment, not everyone has this luxury. If any of these situations affect your business in any way, let the professional staff at The Mechanics Bank assist you in managing your transactions through Escrow.
The Mechanics Bank is the one of the oldest and strongest banks in Northern California. Established in 1905, The Mechanics Bank is privately owned and is currently under its third generation of family ownership. The Mechanics Bank’s philosophy and commitment to highly personal, individualized service is the cornerstone of our banking mission.
Identified as a service which requires the personalized and professional attention that The Mechanics Bank is known for, the Business Escrow Services department would like to introduce our escrow services which are available no matter where the principals are located in California.
In conjunction with these common types of escrow transactions we coordinate the entire process from beginning to end. Our services include:
preparation and/or review of the escrow agreement and instructions
establish escrow account as specified under the agreement
ensure escrow funding and disbursements as required
provide statements and reporting as required
assist in resolving issues related to escrow
prepare closing statement and escrow account reconciliation
comply with all the escrow agent/depository duties required under the escrow agreement
As a neutral party, we can objectively perform the duties under an escrow agreement and provide a sense of security to all parties. Let us coordinate the entire escrow process for you, from review and preparation of the escrow agreement and instructions, to completion of the transaction.
BUSINESS ESCROW SERVICES OFFICE AND CONTACT INFORMATION
Vicky Layco
Sr. Escrow Officer
1999 Harrison Street, Suite 100
Oakland, CA 94612
(510) 251-3808 or (510) 832-5554
e-mail: vicky_layco@mechbank.com
Steve Lehenbauer
VP/Manager
1751 Howe Avenue
Sacramento, CA 95825
(916) 648-2672
e-mail: steve_lehenbauer@mechbank.com
Elizabeth McGovern
Sr. Escrow Officer
343 Sansome Street, 15th Floor
San Francisco, CA 94104
(415) 249-0348 or (415) 828-0833
*Facsimile: (415) 249-0317
e-mail: elizabeth_mcgovern@mechbank.com
Judy Dunn
Sr. Escrow Officer
1350 North Main Street
Walnut Creek, CA 94596
(925) 210-8179
*Facsimile: (925) 933-1089
e-mail: judy_dunn@mechbank.com
