Mechanics Bank
Sharon Sanghera-Sidhu is an experienced professional in the mortgage lending and banking sectors, currently serving as Vice President and Business Manager for the Mortgage Lending Division at Mechanics Bank since March 2023. Prior to this role, Sharon held various positions at Flagstar Bank, including Vice President, Project Manager, and Head of Sales Support Team, where responsibilities included managing onboarding and facilities as well as interim servicing. Sharon's background encompasses extensive project management and operations oversight at several organizations, such as Opes Advisors, Vincit Magazine, and RPM Mortgage, where skills in team training, compliance, and operational efficiency were honed. Sharon began a career in the mortgage industry as a Mortgage Loan Officer and Product Pricing Manager at Soma Living / Union Trust Mortgage before progressing into operations management roles.
Mechanics Bank
Mechanics Bank (the Bank) is a provider of a range of financial services. The Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services. The Bank operates approximately 33 offices in Contra Costa, Alameda, San Francisco, Marin, Napa, Placer, Sacramento, El Dorado and Santa Barbara counties. Its two subsidiaries are the MacDonald Auxiliary Corporation and The Mechanics Bank Community Development Corporation. The business purposes of the subsidiaries are lending and community development activities and holding deeds of trust securing loans made by the Bank and its subsidiaries. The Bank's loan portfolio includes commercial and industrial loans, commercial real estate loans, residential real estate loans, installment loans and lease financing. Its deposits include non-interest-bearing demand deposits, interest-bearing transaction accounts, and savings and time deposits.