December 17, 2014 6:38 PM ET

Banks

Company Overview of MUFG Union Bank, N.A.

Company Overview

MUFG Union Bank, N.A. provides a range of corporate, commercial, and retail banking services, as well as wealth management solutions in the United States. Its deposit products include checking accounts, savings accounts, and debit cards, as well as overdraft and other services. The company’s loan products portfolio comprises home loans, home equity loans, personal lines of credit, credit cards, small business loans and lines of credit, diversity lending, and equipment leasing. It also offers investment, retirement, insurance, online and mobile banking, deposit and payment, merchant, international, and employee benefit services and solutions. In addition, the company offers treasury managemen...

400 California Street

San Francisco, CA 94104-1302

United States

Founded in 1996

Phone:

415-765-3434

Fax:

415-765-3507

Key Executives for MUFG Union Bank, N.A.

Chief Executive Officer
Age: 57
Executive Chairman
Age: 59
Chief Financial Officer
Age: 49
Chief Information & Operations Officer and Senior Executive Vice President
Age: 53
Senior Vice President and Chief Executive Officer of UnionBanc Insurance Services Inc
Age: 54
Compensation as of Fiscal Year 2014.

MUFG Union Bank, N.A. Key Developments

Elavon Inc. and Union Bank N.A. Extend Partnership

Elavon Inc. and Union Bank N.A. announced that the partnership will expand the geographic coverage and availability of payment consultants across Union Bank's retail branch network, private bank and business banking relationships and provide enhanced products that help tech-savvy small business customers.

MUFG Union Bank to Close 20 Washington Branches

MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state. The company will close the offices in February and March. Union Bank is closing the branches as customers shift more transactions online and to mobile banking applications. All the branches to be closed are located in the Puget Sound area. Union Bank, the U.S. banking unit of Tokyo-based Mitsubishi UFJ Financial Group, will continue to operate 24 branches in Washington state after the closings. The closings were first reported by the Tacoma News Tribune.

MUFG Union Bank NA to Close 20 Branches in Washington State from Mid-February Through Mid-March

MUFG Union Bank NA announced that it plans to close 20 branches in Washington state from mid-February through mid-March. San Francisco-based MUFG Union Bank NA plans to close 20 branches in Washington state, bank spokesman Alan Gulick confirmed. The bank expects the closures to occur at various times from mid-February through mid-March. The branches are located in Port Angeles, Port Townsend, Poulsbo, Sequim, Bremerton, Gig Harbor, Silverdale, University Place, Kent, Milton, Puyallup, Sumner, Duvall, Everett, Lake Stevens, Snohomish, Arlington, Bellingham, Mount Vernon and Stanwood. Despite the closures, Gulick said that the bank will continue to grow in key local markets, and has plans to open offices in both Washington and Oregon over the next two to three years.

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