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In San Francisco, the Bank of California merged into Union Bank, N.A., and the merged entity, Union Bank of California, N.A. became a direct subsidiary of the bank holding company, UnionBanCal Corporation. In 1999, UnionBanCal Corporation became a public company listed on the New York Stock Exchange. In August 2008, Mitsubishi UFJ offered to ...
First Nationwide Bank California Federal Bank: California Federal Bank: $1.2 billion, 1st Nationwide rebranded as "Cal Fed." Citibank: 1998 NationsBank Corp. Barnett Banks, Inc. NationsBank Corp. Bank of America: 1998 First Union Corporation: CoreStates Financial Corp. Including predecessor Bank of North America, the first bank in the United States
On April 1, 1996, the bank merged with Union Bank to form Union Bank of California, becoming the fourth largest commercial bank in California. [21] [22]In 2008, it became a wholly owned subsidiary of the Japanese Mitsubishi UFJ Financial Group, and was renamed MUFG Union Bank. [23]
The two banks operate five locations locally between them. The two banks operate five locations locally between them. Skip to main content. Subscriptions; Animals. Business. Entertainment. Fitness ...
Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
Union Bank Commercial Banking Executive Robert Dawson to Retire after 28 Years with Company Will ... and major corporations. The bank operated 443 branches in California, Washington, Oregon, Texas ...
The company traces it roots to The Bank of California founded in 1864. It became Bancal Tri-State Corporation in 1972, UnionBanCal Corporation in 1996, and MUFG Americas Holdings Corporation in 2014. [2] In December 2022, its sold its consumer banking subsidiary, MUFG Union Bank, to U.S. Bancorp.
The new Bank of California building, fondly known as "The Grand Old Lady of California Street," officially opened on September 8, 1908. It was the first commercial building in the Financial District to emerge from the devastation of the earthquake. In 1996, the Bank of California merged with Union Bank, forming Union Bank of California, N.A.