MUFG UNION BANK

MUFG Union Bank has a rich history dating back to 1864 when it was founded as The Bank of California. The bank underwent a series of transformations, acquisitions, and name changes over the years. In 1914, Kaspare Cohn founded Kaspare Cohn Commercial & Savings Bank in Los Angeles, which was later renamed Union Bank & Trust Company of Los Angeles in 1918. In 1996, after several other name changes and acquisitions, it became known as Union Bank of California following a merger between Bank of Tokyo and Mitsubishi Bank, both having had their own share of acquisitions and mergers in the US banking landscape. Eventually, in 2008, it was rebranded as UnionBank and in April 2018, it was named MUFG Bank, Ltd. The bank was a subsidiary of the intermediate holding company, MUFG Americas Holdings Corporation, and a member of the Mitsubishi UFJ Financial Group. In December 2022, MUFG Union Bank was acquired by U.S. Bancorp for $8 billion, marking the end of its operation as MUFG UnionBank​.

To Read Core Details Of MUFG Union Bank In short CLick Here.

Headquartered in New York City, MUFG Union Bank had 398 branches across California, Washington, and Oregon, with additional commercial branches in Dallas, Houston, New York, and Chicago, as well as two international offices. It was considered a national bank in the United States. The bank was known for offering comprehensive and tailored financial solutions to its clients worldwide, backed by 2,700 locations in over 50 countries and regions as pa.

MUFG Union Bank was FDIC-insured with a certificate number of 22826, ensuring the safety of depositors' funds in case of a bank failure​. The bank had several routing numbers, with the main one being 122000496, used for various financial transactions including check processing and wire transfers. Here is the list of MUFG Union Bank Routing Numbers CLick Here.

Though the bank category and class weren't explicitly found, it was part of the larger Mitsubishi UFJ Financial Group, indicating its substantial position in the banking industry. The bank's policies and offerings were customer-centric, aiming to provide tailored financial solutions to meet the diverse needs of its clientele.

MUFG UNION BANK INFORMATION

Bank Name MUFG Union Bank
Headquarters 350 California Street, San Francisco, California 94104
Bank Class National Bank - FED Member
Founders Kaspare Cohn
CEO Kevin Cronin
Bank FDIC Certificate #22826
Swift Code BOFCUS33MPK
Location 398 Branches in 3 states
Routing Number Click Here
President Greg Seibly
Customer Service 1 (800) 238-4486
Credit Card Support 1 (888) 642-3311
Area Served California, Washington and Oregon
Key People Kevin Cronin (CEO), Masatoshi Komoriya (Executive Chairman), Greg Seibly (President and Head of Regional Banking)
Website https://mufgamericas.com/

MUFG UNION BANK ROUTING NUMBERS

122000496

MUFG UNION BANK SWIFT CODE BOFCUS33MPK DETAILS

A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.

MUFG UNION BANK

BOFC Bank code
US Country code
33 Location code
MPK Branch code
  • Country code A-Z

    2 letters representing the country the bank is in.

  • Location code 0-9 A-Z

    2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch Code 0-9 A-Z

    3 digits specifying a particular branch. 'XXX' represents the bank’s head office.

MUFG UNION BANK IN STATES

HISTORY OF MUFG UNION BANK

Below is a list of some important events in banks history, including mergers and acquisitions.

DATE EVENT
03-09-1979 Institution established. Original name: Bank of Palm Springs.
03-01-1982 Main Office moved to 601 East Tahquitz Mccallum Way, Palm Springs, CA 92262.
10-01-1987 Institution becomes member of the Federal Reserve System.
10-01-1987 Changed Chartering Agency to Occ.
10-01-1987 Changed Institution Name to The Bank of California, National Association.
10-01-1987 Changed Institution Name to The Bank of California, National Association.
10-01-1987 Main Office moved to 400 California Street, San Francisco, CA 94104.
10-01-1987 Changed Trust Powers to Full.
10-01-1987 Acquired The Bank of California, National Association (3509) in San Francisco, CA.
07-29-1988 Acquired The Mitsubishi Bank of California (20598) in Los Angeles, CA.
04-01-1996 Changed Institution Name to Union Bank of California, National Association.
04-01-1996 Main Office moved to 350 California Street, San Francisco, CA 94104.
04-01-1996 Acquired Union Bank (17186) in San Francisco, CA.
05-13-2002 Acquired First Western Bank (23357) in Simi Valley, CA.
10-31-2002 Acquired Valencia Bank & Trust (27091) in Santa Clarita, CA.
12-31-2002 Acquired Copper Mountain Trust Corporation (91103) in Portland, OR.
07-01-2003 Acquired Monterey Bay Bank (28271) in Watsonville, CA.
01-16-2004 Acquired Business Bank of California (25070) in San Bernardino, CA.
10-28-2004 Acquired Jackson Federal Bank (28653) in Fullerton, CA.