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Union Bank Enhances Corporate Social Responsibility Division With Two New Employee Programs

Initiatives to Encourage and Reward Participation in Community Activities

Union Bank Enhances Corporate Social Responsibility Division With Two New Employee Programs

Initiatives to Encourage and Reward Participation in Community Activities

Published 09-09-09

Submitted by MUFG Union Bank, N.A.

Responding to a national call to assist its communities through service and volunteerism, Union Bank, N.A., today unveiled a significant enhancement to its Corporate Social Responsibility (CSR) division designed to deepen its commitment to the communities it serves. The centerpieces of the reorganization are two new initiatives that will encourage and reward employees for their involvement in community service.

"Corporate citizenship through employee volunteerism is woven into the fabric of our bank, which was established more than 145 years ago," said Robert A. McNeely, executive vice president of the CSR division. "This realignment will place greater emphasis on promoting and honoring volunteerism among our employees and within all of the bank's business units."

Senior Vice President Julius Robinson, who will succeed McNeely in January 2010 as head of the CSR division, says that now is the right time to unveil these programs -

VolunteerMatch® and Volunteer Day® - because of the renewed spirit of service that is evident in the country. "When you look at what happened post-9/11 - the remarkable acts of volunteerism and assistance to those in need - and what's happened since the economic downturn began, it's clear that we're in a new era," said Robinson. "We've always been a nation built on service to others, but I believe the confluence of events over the past several years has shown us that, as a major employer in one of the largest states in the nation, it's vital that we make it as easy as possible for our employees to serve their communities."

The following programs will be launched this month:

VolunteerMatch®
VolunteerMatch® is an online database that will link Union Bank employees with nonprofit organizations near their home or workplace. The program also will help match employees' interests with the mission of a nonprofit organization. "VolunteerMatch® will allow individuals to support causes they really care about and, as a bank, help us to give back to each of the communities where we conduct business," noted Robinson.

Volunteer Day®
On April 21, 2009, President Obama signed the Generations Invigorating Volunteerism and Education Act, or GIVE Act (H.R. 1388), which officially established September 11 as a federally recognized National Day of Service and Remembrance. Union Bank’s CSR division has been working closely with the bank's retail branch employees, as well as other business unit managers, to identify organizations that qualify for recognition under the guidelines of the federally mandated Community Reinvestment Act. The initial phase of the program will be rolled out to branch employees, then companywide. If employees are interested in volunteering, they will be given up to eight hours of paid time off to assist various CRA-certified programs and organizations.

"Many nonprofits could benefit from the banking and financial expertise of our employees," said Robinson. "Financial literacy and credit counseling are two fundamental needs in almost every community, for individuals as well as families, entrepreneurs, and small business owners. Our goal in launching these new programs is to become a valued partner with regional and local organizations and to provide a needed service for our communities."

About UnionBanCal Corporation
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $74 billion at June 30, 2009. UnionBanCal Corporation is the 16th largest commercial bank holding company in the U.S. based on assets at March 31, 2009. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. Union Bank is California's fifth largest bank by deposits at March 31, 2009. The bank has 335 banking offices in California, Oregon, and Washington and two international offices. UnionBanCal Corporation is a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. (NYSE: MTU). Visit www.unionbank.com for more information.

MUFG Union Bank, N.A. logo

MUFG Union Bank, N.A.

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. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group, one of the world’s largest financial organizations. 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.

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