MUFG Union Bank

MUFG Union Bank, National Association, was established on March 9, 1979, as the Bank of Palm Springs in Palm Springs, California. The bank underwent several name changes and acquisitions throughout its history. In 1987, it became The Bank of California, National Association, and it acquired The Bank of California, National Association, and The Mitsubishi Bank of California, with subsequent rebranding to Union Bank of California, National Association in 1996. The institution's main office was relocated multiple times, including to 350 California Street in San Francisco in 1996. Over the years, the bank expanded through various acquisitions, including Frontier Bank, Tamalpais Bank, Santa Barbara Bank & Trust, and several others. Notable changes occurred in 2008 when it was renamed Union Bank, National Association, and in 2014 when it became MUFG Union Bank, National Association, following the acquisition by the Mitsubishi UFJ Financial Group. The bank's operations continued until May 26, 2023, when it merged and became part of U.S. Bank National Association in Cincinnati, Ohio.

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

1979-03-09Institution established. Original name: Bank of Palm Springs.

1982-03-01Main Office moved to 601 East Tahquitz Mccallum Way, Palm Springs, CA 92262.

1987-10-01Institution becomes member of the Federal Reserve System.

1987-10-01Changed Chartering Agency to The Office of the Comptroller of the Currency.

1987-10-01Changed Institution Name to The Bank of California, National Association.

1987-10-01Main Office moved to 400 California Street, San Francisco, CA 94104.

1987-10-01Changed Trust Powers to Full.

1987-10-01Acquired The Bank of California, National Association in San Francisco, CA.

1988-07-29Acquired The Mitsubishi Bank of California in Los Angeles, CA.

1996-04-01Changed Institution Name to Union Bank of California, National Association.

1996-04-01Main Office moved to 350 California Street, San Francisco, CA 94104.

1996-04-01Acquired Union Bank in San Francisco, CA.

2002-05-13Acquired First Western Bank in Simi Valley, CA.

2002-10-31Acquired Valencia Bank & Trust in Santa Clarita, CA.

2002-12-31Acquired Copper Mountain Trust Corporation in Portland, OR.

2003-07-01Acquired Monterey Bay Bank in Watsonville, CA.

2004-01-16Acquired Business Bank of California in San Bernardino, CA.

2004-10-28Acquired Jackson Federal Bank in Fullerton, CA.

2008-12-18Changed Institution Name to Union Bank, National Association.

2009-09-24Acquired Texas First Bank - Winnie in Dallas, TX.

2010-04-16Acquired Tamalpais Bank in San Rafael, CA as part of a government assisted merger.

2010-04-30Acquired Frontier Bank in Everett, WA as part of a government assisted merger.

2012-12-03Acquired Santa Barbara Bank & Trust, National Association in Santa Barbara, CA.

2014-07-01Changed Institution Name to Mufg Union Bank, National Association.

2020-02-21Main Office moved to 350 California Street, 1st Floor, San Francisco, CA 94104.

2023-05-26Merged and became part of U.s. Bank National Association (6548) in Cincinnati, OH.