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Union Bank Publishes Corporate Social Responsibility Report

Union Bank Publishes Corporate Social Responsibility Report

Published 08-08-13

Submitted by MUFG Union Bank, N.A.

 Union Bank, N.A. today announced the publication of its 2012 Corporate Social Responsibility Report, which details the bank’s community reinvestment activities, corporate social responsibility, environmental initiatives and Union Bank Foundation commitments. In addition, the report highlights Union Bank’s commitment to fostering diversity and inclusion within the company and among its suppliers.

The report details four key areas of community focus within the bank’s Foundation: Affordable Housing, Community Economic Development, Education, and the Environment. Through these program areas, the bank and its Foundation strive to create positive change in the communities in which it does business.

“Union Bank is dedicated to investing in our communities through our corporate social responsibility and environmental initiatives, employee volunteerism and partnerships,” said Union Bank Executive Vice President and Head of Corporate Social Responsibility, Julius Robinson. “We remain committed to being an engaged and responsible corporate citizen that is focused on building sustainable and thriving communities in the areas that we serve.

Highlights from 2012 include:

  • Dedicating nearly $6.5 billion to community-related loans and activities last year, including loans to small businesses, financing for affordable housing and supply sourcing from minority- and women-owned businesses.
  • Union Bank and its Foundation donated nearly $12.7 million to a wide variety of charitable causes, representing a $1.5 million increase from 2011.
  • More than 75,000 volunteer hours performed by Union Bank employees—a 40 percent increase from 2011.
  • A three percent reduction in greenhouse gas intensity from 2011.
  • Originating 1,553 Economic Opportunity Mortgage loans, totaling $324 million – a steep rise from 2011, when we originated 889 loans totaling $183 million.
  • Providing $438 million in community development financing for 37 affordable housing developments that serve low- to moderate-income individuals and families.
  • Small Business Administration-guaranteed lending rose by 28 percent in 2012, climbing to $1.4 billion from $1.1 billion in 2011.
  • Through its three-year Fresno Community Economic Development Initiative, the bank will invest $7.5 million annually in grants, loans, marketing and research, all geared to increase housing opportunities, enhance economic competitiveness, support the environment and recognize the unique characteristics of neighborhoods throughout the city.

To view the Union Bank 2012 Corporate Social Responsibility Report, click here. For more information about the bank’s commitment to the community, visit www.unionbank.com/community.

About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $102.3 billion at June 30, 2013. Its primary subsidiary, Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies and major corporations. The bank operated 422 branches in California, Washington, Oregon, Texas, Illinois and New York as well as two international offices, on June 30, 2013. 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. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. 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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