Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
400 California Street
San Francisco, CA 94104

Union Bank of California is a commercial bank that offers personal, commercial, institutional, and private banking products and services, along with loans and lines of credit to individuals and businesses. The bank’s holding company, UnionBanCal is publicly traded on the New York Stock Exchange (Symbol:UB).

On its personal banking side, Union Bank offers multiple savings and checking accounts designed to help consumers manage and save money. Savings account offerings have monthly service charges unless certain requirements are met and are available as a basic option and a higher interest option. The higher interest savings account requires a large initial deposit and daily account balance. Money market accounts have a monthly fee and require a higher initial deposit than savings accounts, but typically offer higher interest rates in returen. Checking accounts offer features like bill pay, traveler’s checks, and debit cards, but can get expensive depending on the type of account and number of features added. The most basic checking account comes with a free savings account, discounted non-Union Bank ATM fees, and an unlimited supply of checks. Certificates of Deposit (CDs) offer fixed interest rates on term lengths from 7 days to 5 years. The bank also has a professional wealth management group to help institutional and individual investors make decisions about fixed income products like mutual funds and annuities.

Union Bank online banking provides customers with a web-based platform on which they can access their accounts to perform various activities like online bill pay, funds transfer, check image viewing, and account alert monitoring. The bank has also optimized its website for mobile banking and released mobile banking apps to make accessing deposit accounts easy from a smartphone or tablet device.

Union Bank was originally established in 1979 as the Bank of Palm Springs before finally changing to its current name in 2008. The bank is a subsidiary of UnionBanCal Corporation, which is a bank holding company that formed out of the merger between The Bank of California and Union Bank in the late 1990’s. UnionBanCal is itself a subsidiary of the Mitsubishi UFJ Financial Group, which is one of the largest financial organizations in the world. Union Bank is currently headquartered in San Francisco, California, and serves its customers through numerous branches located across several states.

Related Posts


I have been a long standing customer of Union Bank.  I own my own buisness and also have a business account with Union Bank.  I had a car break in and my purse was stollen.  I called union bank right away and informed them of the theft.  They were to freeze my account in order to protect my funds.  The next day I went into the bank to trasfer my funds and was informed that I had 44.00 in my account.  3 different drive up tellers at 3 different Union Banks let these thiewves withdrawl 6500.00 of my hard earned money.  The lady on the phone I spoke to did not do her job and left my account wide open.  It has been 6 days and I still have not been given back my money and have no idea when their investigation will conclude.  I have been trated like the criminal.  Be aware your money is not safe with this kind of careless employees.


Been with them for 5 years - were fine in the beginning then suddenly things started looking suspicious. Come find out they were sold to Frontier Bank a year ago and we were never notified. Accused us of money laundering! Sent us a letter from the Deport Fraud Management closing our account and denying us access to our account to get our money until the end of the month! Left our account open only to accept our social security, retirement checks and paychecks. Last night asked a question about a suspicious post for "debit claim" - took 3 people to tell me they didn't know what it was and to call back today to see if anyone could answer that question - I told them to get the answer and I will call back Monday expecting an answer. Horrible service and explanations. If we are money laundering where are the law enforcement officials? We never have more than $5000 in our account at any one time and that's only when we get all our checks in at the same time. Don't use them!

Please Send Me All Possible Information is my address and i would like all of the information that you have on banking and the best credit rates.

Excellent Service And Rates

Although we are a small business, we have been with Union Bank for 2 years now, and the customer service is excellent.



Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Union Bank (San Francisco, CA) had $582.78 million in non-current loans and owned real-estate with $14.84 billion in equity and loan loss allowances on hand to cover it. This gives Union Bank (San Francisco, CA) a Texas Ratio of 3.93% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Union Bank (San Francisco, CA) decreased slightly from 5.16% as of March 31, 2013 to 3.93% as of March 31, 2014, resulting in a positive change of 23.95%.This indicates that the balance sheet and financial strength for Union Bank (San Francisco, CA) has improved slightly in recent periods.

Deposit Growth


In the past year, Union Bank (San Francisco, CA) has increased its total deposits by $6.74 billion, resulting in 9% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Union Bank (San Francisco, CA) has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Union Bank (San Francisco, CA) has $106.7 billion in assets with $14.84 billion in equity, resulting in a capitalization level of 13.91%, which is excellent.

Institution Statistics

FDIC Certificate #22826
Year Established1979
Primary RegulatorOCC
Assets and Liabilities
Assets$106.70 billion
Loans$69.08 billion
Deposits$81.63 billion
Equity Capital$14.31 billion
Loan Loss Allowance$533.03 million
Unbacked Noncurrent Loans$557.78 million
Real Estate Owned$25.00 million
Historic Data - March 2013
Assets$96.34 billion
Equity Capital$11.97 billion
Loan Loss Allowance$624.29 million
Unbacked Noncurrent Loans$557.78 million
Real Estate Owned$29.28 million
Profit Margin - Quarterly
Return on Assets0.65%
Return on Equity4.86%
Interest Income$783.38 million

Sorry, we do not have rate data for Union Bank (San Francisco, CA)


Union Bank (San Francisco, CA) has 416 locations. Click to view all Union Bank (San Francisco, CA) locations.