Edition: January 2008



 Local Lender$

 By Richard Acello



Union Bank of California Details

Contact Info

Union Bank of California
530 B St., Suite 1200
San Diego, CA 92101
Phone: (619) 230-3330
Fax: (619) 230-3878
E-mail: kevin.barrie@uboc.com
Kevin Barrie, 44, senior vice president and region manager

  • Date opened for business: 1887

  • Assets as of latest quarter: $53.4 billion (9/30/07)

  • ROA: 1.11 percent (9/30/07)

  • Core capital as percentage of assets: 11.28 percent

  • Provision for loan losses: 1.10 percent

  • Plant the flag: Union Bank has 323 branch offices in California, Washington, and Oregon. There are 55 branches in San Diego County. The bank’s most recent openings have been San Diego Marina, located near the Marina District by Seaport Village Downtown and in 4SRanch. An office will open soon in Solana Beach.

  • Employment: 335 employees in San Diego region.

Directors

  • Aida Alvarez

  • David Andrews

  • L. Dale Crandall

  • Murray Dashe

  • Richard Farman

  • Stanley Farrar

  • Philip Flynn

  • Michael Gillfillan

  • Mohan Gyani

  • Ronald Havner

  • Mary Metz

  • Takashi Morimura

  • J. Fernando Niebla

  • Masashi Oka

  • Carl Robertson

  • Tetsuo Shimura, Chairman

Key personnel

  • Takashi Morimura, president and CEO

  • Philip Flynn, chief operating officer

  • David Matson, chief financial officer

Niche or target customer

A mix of consumer and small business, backed by a large branch network and more than $50 billion in assets. Union Bank has committed to investing 6.5 percent of assets to benefit community economic development, housing programs, education and the environment.


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