Are Quilter fees high?
No, Rabobank and Mechanics Bank are distinct financial institutions, though Mechanics Bank officially acquired Rabobank’s retail, commercial, and wealth management operations in California. The parent Rabobank Group remains a massive global cooperative bank headquartered in the Netherlands specializing worldwide in food and agriculture financing. However, its American retail subsidiary (Rabobank, N.A.) was fully purchased in a multi-billion-dollar transaction and integrated completely into Mechanics Bank, leaving Mechanics Bank as the surviving operating entity across California.
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