May 25, 2013 4:27 AM ET

Commercial Banks

Company Overview of Union Bank, N.A.

Company Overview

Union Bank, N.A., a commercial bank, provides financial services to individuals, small businesses, middle-market companies, and major corporations. Its deposit products include checking accounts, savings accounts, and debit cards, as well as check cashing 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, and equipment leasing. It also offers investment, retirement, insurance, online and mobile banking, deposit and payment solutions, merchant services, international services, and employee benefit solutions. In addition, the company offers treasury management, credit, trust ...

Detailed Description

400 California Street

San Francisco, CA 94104-1302

United States

Founded in 1996

Phone:

415-765-3434

Fax:

415-765-3507

www.unionbank.com

Key Executives for Union Bank, N.A.

Chief Executive Officer and President
Age: 57
Vice Chairman and Chief Financial Officer
Age: 47
Chief Information & Operations Officer and Senior Executive Vice President
Age: 51
Senior Vice President and Chief Executive Officer of UnionBanc Insurance Services Inc
Age: 52
Chief Executive Officer of Highmark Capital Management and President of Highmark Capital Management
Age: 61
Compensation as of Fiscal Year 2012.

Union Bank, N.A. Key Developments

Union Bank, N.A. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013
Apr 24 13

Union Bank, N.A. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total interest income of USD 750 million compared to USD 738 million a year ago. Net interest income was USD 648 million compared to USD 641 million a year ago. Income before income taxes and including non controlling interests were USD 193 million compared to USD 242 million a year ago. Net Income attributable to the company was USD 147 million compared to USD 195 million a year ago. Total revenue was USD 903 million compared to USD 855 million a year ago. Return on average assets was 0.61% compared to 0.88% a year ago.

Union Bank, N.A. Announces Expansion into Arizona
Mar 21 13

Union Bank, N.A. announced it is expanding into Arizona with a new mortgage operations center in Tempe, which will ultimately employ approximately 250 mortgage professionals, including application processors, underwriters, and other operations support and management positions. This is Union Bank's first mortgage operations center in Arizona. The new location is part of Union Bank's Consumer Lending division, which originates and services primarily residential mortgages in California, Oregon and Washington. Union Bank continues to process and service home loans from several locations in California.

Union Bank, N.A. Appoints Richard J. Rizzo, Jr. as Senior Vice President and Regional Director of Mid-Corporate Banking
Jan 8 13

Union Bank, N.A. announced that Richard J. Rizzo, Jr., has joined the company as senior vice president and regional director of mid-corporate banking for the Northeast region. Rizzo will oversee expansion of the bank's corporate banking services into the Northeast region focusing on key markets such as New York, Boston, Philadelphia and Washington, D.C. Rizzo recently served on the MidAtlantic board of Teach for America in Philadelphia.

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