Union Bank
Union Bank (MUFG Union Bank, N.A.) is a U.S. commercial bank headquartered in San Francisco, founded in 1864, offering savings accounts, credit card solutions, mortgage products, and wealth management services to retail and commercial customers through a regional branch network.
- Company typePublic
- Founded1864
- HeadquartersSan Francisco, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What Union Bank does
Union Bank (operating as MUFG Union Bank, N.A.) is a U.S. commercial bank headquartered in San Francisco, California, with origins dating to 1864 and a current workforce exceeding 10,000 employees. Per firmographic data, the bank's product suite is centered on savings accounts, credit card solutions, mortgage products, and wealth management services. Distribution is delivered through a network of physical branch locations across its geographic footprint complemented by digital banking channels, employing a relationship-based, sales-led banking model typical of regional commercial banks.
The bank's revenue model is anchored in net interest income — interest earned on loans and securities net of interest paid on deposits — supplemented by non-interest fee income from banking services, wealth management, and ancillary products. Reported financial attributes include a 10% year-over-year rise in net interest income, an allowance for credit losses of $8.07 million with a $325,000 credit loss benefit, and quarterly cash dividends declared by the board at $0.36 per share as a capital return mechanism. Strategic M&A history includes the acquisition of Trade Payables Services in January 2019 and Intrepid Investment Bankers in October 2018.
Data scope note: The aggregated source presents information across multiple entities sharing the "Union Bank" name. Detailed financial metrics elsewhere in the dataset ($1.63 billion in total assets, Q1 2026 net income of $3.0 million, Morrisville, NH headquarters, NASDAQ ticker UNB) refer to Union Bankshares, Inc., a separate regional community bank, and are not used as primary evidence here. This analysis treats Union Bank per the firmographic anchor (San Francisco, 1864 founding, 10,000+ employees, product mix spanning cards, mortgages, and wealth management, unionbank.com).
Union Bank firmographics
Firmographics- Name
- Union Bank
- Legal name
- Union Bank of India
- Website
- https://unionbank.com
- Company type
- Public
- Founded year
- 1864
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Union Bank (MUFG Union Bank, N.A.) is a U.S. commercial bank headquartered in San Francisco, founded in 1864, offering savings accounts, credit card solutions, mortgage products, and wealth management services to retail and commercial customers through a regional branch network.
- Ownership category
- akta.pro rank
Where Union Bank is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Union Bank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Net Interest Income: Primary revenue from interest earned on loans and securities minus interest paid on deposits. Net interest income rose 10% year-over-year, indicating core banking franchise strength.
- Non-Interest Income: Fee income from banking services, wealth management, and other financial services typical of regional banks.
- Dividends: The company declared quarterly cash dividends, returning capital to shareholders. Board declared quarterly cash dividend of $0.36 per share.
Go-to-market motion1 record
Distribution channels1 record
Union Bank product offering
Product offeringCore offering
Union Bank provides retail banking services including savings accounts, credit card solutions, mortgage products, and wealth management services. Founded in 1864 and headquartered in San Francisco, the bank serves individual customers with a comprehensive suite of financial products spanning deposits, consumer credit, residential lending, and investment services.
Differentiator
Problem solved
Functional benefit
Products and services
- Savings Accounts
- Credit Card Solutions
- Mortgage Products
- Wealth Management Services
Quantifiable outcome
- Net income increased 20% year-over-year from $2.5M to $3.0M
- +3 more outcomes
Companies that use Union Bank
Customer profileSegments1 record
Ideal customer profiles1 record
Union Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Union Bank partnerships and signals
Strategic signalScale indicators8 records
Recent moves3 records
Expansion highlights2 records
Union Bank competitors and assessment
Company assessmentBroad incumbents
- U.S. Bank: Fifth-largest U.S. commercial bank and the acquirer of Union Bank's parent operations. Directly comparable as a national commercial bank with overlapping deposit, mortgage, credit card, and wealth management products.
- Citibank: National commercial bank with a strong credit card franchise and full retail banking suite. Comparable as a direct competitor in consumer banking and wealth management.
- Bank of America: National commercial bank with a large California retail footprint and full-service deposit, mortgage, credit card, and wealth management offerings comparable to Union Bank's product set.
- Wells Fargo: Major California-headquartered national bank with a similar full-service retail and commercial banking model. Most direct geographic overlap with Union Bank's California heritage.
- JPMorgan Chase: Largest U.S. commercial bank with comparable retail deposit, credit card, mortgage, and wealth management franchises. Competes for the same customer segments Union Bank serves.
Direct peers
- Bank of the West: California-focused commercial bank (owned by BNP Paribas) with a similar retail and small-business deposit and lending franchise. Geographic and product overlap with Union Bank.
- East West Bank: California-headquartered commercial bank with similar Asian-American and commercial banking niches. Direct geographic and demographic overlap with Union Bank's California base.
- Citizens Financial Group: Mid-sized regional commercial bank with similar relationship-based banking model and footprint. Closely comparable in scale, product mix, and customer segments.
- Zions Bancorporation: Regional commercial bank holding company operating community banks across multiple western states. Comparable in scale, regional focus, and relationship-banking model.
Emerging players
- Capital One: Digital-first bank with a major credit card franchise and growing retail deposit base. Comparable as a competitor in credit cards and increasingly in retail banking and wealth management.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Union Bank social profiles
Digital presenceUnion Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Union Bank leadership team
Management profileNumber of profiles
Profiles5 records
Union Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Union Bank M&A and investment
M&A and investmentM&A2 records
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Union Bank
What does Union Bank do?
Union Bank provides retail banking services including savings accounts, credit card solutions, mortgage products, and wealth management services. Founded in 1864 and headquartered in San Francisco, the bank serves individual customers with a comprehensive suite of financial products spanning deposits, consumer credit, residential lending, and investment services.
Is Union Bank a public or private company?
Union Bank is a public company. It is classified as corporate owned and is currently operating.
When was Union Bank founded?
Union Bank was founded in 1864. It employs 5,001 to 10,000 people.
Where is Union Bank based?
Union Bank is headquartered in San Francisco, United States, in the North America region.
How does Union Bank make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income and dividends.
Who are Union Bank's main competitors?
Broad incumbents on record are U.S. Bank, Citibank, Bank of America, Wells Fargo and JPMorgan Chase. Direct peers are Bank of the West, East West Bank, Citizens Financial Group and Zions Bancorporation. Capital One is listed as an emerging player.
Does Union Bank have an API?
No public API is recorded for Union Bank.