Maximizing our customers’ return on their funds has always been a prime consideration of The Mechanics Bank. For that
reason, we have developed accounts that best fit the unique needs of specific types of businesses. The Property
Management Solution Account is specifically designed so Property Management Companies can take advantage of high
Money Market rates by grouping their paperless Money Market Accounts to receive a cumulative rate.
Here’s What You Need:
A Mechanics Bank analyzed business checking account
A group of Mechanics Bank "paperless" Money Market accounts... while the accounts retain their individuality, they are grouped for
purposes of providing you with the highest eligible rate.
Participation in The Mechanics Bank’s online banking service
Grouped Accounts Earn Up to the 90-Day Treasury Bill Rate.
Property Management Wholesale Lock Box.
Your assurance that every business day tenant payments are deposited in your account.
Efficient, secure, cost effective method of collecting tenant payments