MUFG Union Bank, N.A. Raises Its Reference Rate to 3.50 Percent from 3.25 Percent
December 16 2015 - 6:09PM
Business Wire
MUFG Americas Holdings Corporation, parent company of San
Francisco-based MUFG Union Bank, N.A., today announced that it has
raised the Bank’s reference rate to 3.50 percent from 3.25
percent.
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is
a financial holding company and bank holding company with total
assets of $115.2 billion at September 30, 2015. Its principal
subsidiary, MUFG Union Bank, N.A., provides an array of financial
services to individuals, small businesses, middle-market companies,
and major corporations. As of September 30, 2015, MUFG Union
Bank, N.A. operated 390 branches, comprised primarily of retail
banking branches in the West Coast states, along with commercial
branches in Texas, Illinois, New York and Georgia, as well as two
international offices. MUFG Americas Holdings Corporation is a
wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd.
which is a wholly-owned subsidiary of Mitsubishi UFJ Financial
Group, Inc., one of the world’s leading financial groups. Visit
www.unionbank.com for more information.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices
across the United States. We provide a wide spectrum of corporate,
commercial and retail banking and wealth management solutions to
meet the needs of customers. We also offer an extensive portfolio
of value-added solutions for customers, including investment
banking, personal and corporate trust, global custody, transaction
banking, capital markets, and other services. With assets of $114.3
billion, as of September 30, 2015, MUFG Union Bank has strong
capital reserves, credit ratings and capital ratios relative to
peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ
Financial Group (NYSE: MTU), one of the world’s largest financial
organizations with total assets of approximately ¥289.2 trillion
(JPY) or $2.4 trillion (USD)¹, as of September 30, 2015. The
corporate headquarters (principal executive office) for MUFG
Americas Holdings Corporation, which is the financial holding
company and MUFG Union Bank, is in New York City. The main banking
office of MUFG Union Bank is in San Francisco, California.
1 Exchange rate of 1 USD=¥119.96 as of September 30, 2015
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version on businesswire.com: http://www.businesswire.com/news/home/20151216006414/en/
MUFG Americas Holdings CorporationPress contact:Alan
Gulick, 425-423-7317orInvestor Relations contact:Doug
Lambert, 212-782-5911
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