Is Mechanics Bank the same as Westlake Financial?
Mechanics Bank is an entirely independent financial institution and is not the same corporate entity as Westlake Financial. While Mechanics Bank partnered with Westlake Portfolio Management to service its legacy auto loan portfolio following its exit from indirect auto origination, the two corporations operate under completely separate ownership, distinct executive leadership teams, and independent corporate charters, maintaining entirely different retail banking operations and financial product suites.
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