Union Bank is American banking and financial institution having their branches in some states of the United States. The annual revenue of the company is more than US$ 5.2 billion. In 2016, the total assets of this bank were US$ 148.14 billion. The bank has a workforce of more than 12,100 people through which they control their 400 branches in the states of California, Oregon, and Washington. The company is owned by the MUFG Americas Holdings Corporation. They are also a member of the Mitsubishi UFJ Financial Group.
Union Bank History
The company was founded as Bank of California in 1864, whereas they changed their name to Union Bank of California in 1996. They changed their name to Union Bank in 2008. Since their foundation 150 years back, they have acquired many financial institutions, such as The Bank of Tokyo of California, The London & San Francisco Bank, The Bank of Personal Service, California First Bank, and The Bank of California.
Union Bank Products & Services
There is a great variety of banking & financial services offered by the Union Bank to personal, small business, and commercial customers. It includes checking accounts, debit cards, home loans, credit cards, personal line of credit, home equity, insurance, brokerage & investments, retirement service, online banking, and mobile banking. The business services of this bank consist of deposit solutions, letters of credit, merchant services, payment solutions, and international banking. In addition to that, they also offer products, such as capital markets, foreign exchange,and many global solutions.