Company Information

Get to know Union Bank

Founded in 1864, Union Bank, N.A. operated as a major U.S. commercial bank, primarily on the West Coast. It was a subsidiary of the Japanese financial group Mitsubishi UFJ Financial Group (MUFG). The bank offered a comprehensive suite of services including retail and commercial banking, wealth management, and trust and investment services. In December 2021, U.S. Bancorp announced its acquisition of Union Bank's core retail banking operations from MUFG. The acquisition was completed in December 2022, and the full systems conversion and rebranding of all Union Bank branches to U.S. Bank were finalized in May 2023.

Industry

Financial BankingPRIMARY
Financial Other Service

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Union Bank

United States

Founded in

1864 (162 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

50/90

14 reviews

Provided by TrustFinance

OVERALL SCORE

Others

--/10

Reviews

50/90

14 reviews

Provided by TrustFinance

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.