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Press Release

Patrick Nygren joins Union Bank as Regional President for the Los Angeles and Central Coast

Press Contact:
Sierra Wilson

Nina Ronstadt

LOS ANGELES, August 21, 2018 – Union Bank today announced that Patrick Nygren has joined the bank as Regional President for the Los Angeles and the Central Coast (LACC) region, which also includes Ventura and Santa Barbara counties. Nygren will oversee the branch banking activities of more than 86 branches and 580 employees.

"Patrick knows Los Angeles, the valley and Santa Barbara Country very well and is highly regarded throughout these communities and the industry," said Stuart Bernstein, Head of Branch and Private Banking for Union Bank. "We are thrilled to have him join our team as we look to strengthen our client relationships and modernize the in-branch experience for our clients throughout the region."

Nygren has more than 15 years of experience in consumer and small business banking. Most recently he served as Regional Bank President for Wells Fargo, where since 2017, he led all aspects of consumer, small business and affluent business banking throughout Los Angeles and the San Fernando Valley.

"Union Bank has a strong reputation and legacy throughout the West Coast, particularly in Los Angeles, and I am honored and excited to join such a trusted institution," said Nygren. "I see this as a wonderful opportunity to bring my experience to help Union Bank continue to grow as we assist our clients, whether individuals or small businesses, with achieving their financial goals."

Nygren is an active member of the Los Angeles community. He currently serves on the Board of Directors for the Valley Industry and Commerce Association (VICA) and is very active with organizations that serve the well-being of children and health of the community.

Patrick earned his Bachelor of Science degree in Economics from the University of California, San Diego, and received his Graduate Level certificate in banking from the Pacific Coast Banking School at the University of Washington, Seattle.

About Union Bank
Union Bank is a full-service bank with a rich history of investing in our clients, communities and employees throughout the West Coast for more than 150 years. Union Bank provides a wide range of personal and business banking products as well as wealth management services. With more more than 350 branches in California, Oregon and Washington, Union Bank remains committed to serving the needs of its local communities. As a member of the Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest financial institutions, Union Bank holds our clients best interests to heart and remains committed to investing in their success.

About MUFG Union Bank, N.A.
As of June 30, 2018, MUFG Union Bank, N.A. operated 355 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as 22 PurePoint Financial Centers. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $123.8 billion, as of June 30, 2018, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MUFG), one of the world’s largest financial organizations with total assets of approximately ¥299.1 trillion (JPY) or $2.7 trillion (USD)1, as of June 30, 2018. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.

(1) Exchange rate of 1 USD=¥110.5 (JPY) as of June 29, 2018