MUFG Union Bank, N.A.
MUFG Union Bank Philanthropic Community Impact Report
The MUFG Union Bank Foundation supports local community programs that expand access to opportunity in low-and moderate-income communities where we work and live. 90% of our philanthropic investments are devoted to our four primary strategic areas: affordable housing, economic development, social services, and stewardship and sustainability with an additional focus on programs that integrate green elements into their core work. We are steadfast in our commitment to strive for results that ultimately propel all our communities to a better financial future.
In our communities
Student-run branches
We promote financial education and college readiness through student-run bank branches.
Supplier diversity
Union Bank is committed to promoting economic vitality in the communities we serve.
Volunteering
MUFG Union Bank provides each of its full-time employees with up to 3 days of paid time off to serve the community.
Our charitable contributions
Charitable contributions
In 2022, our charitable investment in the community exceeded $17.8 million. These contributions helped finance the efforts of non-profit organizations within our marketplace.
The charitable commitment is achieved through sponsorship made directly by the bank and through grants and investments made by the MUFG Union Bank Foundation.
Information about applying for a charitable grant for your non-profit organization will be available in the first half of 2023.
Foundation grants
The MUFG Union Bank Foundation, a nonprofit public benefit corporation, serves as an agent for charitable contributions made by MUFG Union Bank, N.A. Throughout its history, the Foundation has supported the bank's commitment to help meet the needs of the communities it serves.
The MUFG Union Bank Foundation is committed to providing more flexible funding to help grantee partners who continue to serve our communities in this unprecedented time of need due to the COVID-19 pandemic.
Please note the “operating grant” option within the application.
Our vision
A sustainable and aspiring society with equitable access to opportunity.
Our mission
Make philanthropic investments that expand access to economic opportunity in low- and moderate-income communities specifically in the areas of affordable housing, community economic development, education, human services and the environment.
Our focus
We believe that the MUFG Union Bank Foundation can achieve the greatest impact on the health of communities by targeting the following strategic funding categories:
- Affordable Housing: Improve housing stability and influence public policy
- Housing development and rehabilitation
- Emergency/transitional/permanent housing
- Public Policy
- Economic Development: Catalyze economic growth and prosperity
- Small business support and innovation
- Job training and career development
- Financial education
- Money management/credit counseling
- Homeownership counseling
- Scholarships
- Stewardship and Sustainability: Support environmental and social well-being
- Youth development
- Arts education
- Environmental education
- STEM
- Tutoring/homework help
- Basic needs (Food security)
- Land preservation and resource conservation
- Clean water
- Clean energy
- Youth development
Corporate sponsorships
Our Corporate Sponsorships program is intended to enhance our reputation and visibility by supporting the charitable work of our employees, clients, and customers.
Our Vision
A sustainable and aspiring society with equitable access to opportunity.
Our Mission
Make philanthropic investments that expand access to economic opportunity in low- and moderate-income communities specifically in the areas of affordable housing, community economic development, education, human services and the environment.
Our Focus
We provide donations and sponsorships in the following broad program areas, but focus on the three priority areas and associated subcategories italicized below:
- Affordable Housing: Improve housing stability and influence public policy
- Housing development and rehabilitation
- Emergency/transitional/permanent housing
- Public Policy
- Economic Development: Catalyze economic growth and prosperity
- Small business support and innovation
- Job training and career development
- Financial education
- Money management/credit counseling
- Homeownership counseling
- Scholarships
- Stewardship and Sustainability: Support environmental and social well-being
- Youth development
- Arts education
- Environmental education
- STEM
- Tutoring/homework help
- Basic needs (Food security)
- Land preservation and resource conservation
- Clean water
- Clean energy
- Youth development
- Arts & Culture
- Emergency Services
- Health
We are particularly interested in donations and sponsorships supporting low-income populations and those that promote and enhance diversity in all forms.
How to apply
The MUFG Union Bank Foundation grant application window is closed for 2022.
Please revisit the first part of 2023 for updated information on grant application window.
Our focus on philanthropic investments are predominately devoted to low-to-moderate-income communities in the primary strategic areas:
- Affordable Housing
- Economic Development
- Stewardship and Sustainability
- Social Services
- Arts and Culture
- Emergency Services
In addition, the Foundation supports many local community programs ultimately driving for results that propel our communities to a better financial future.
Staff and team
At Union Bank we are committed to reinvesting in the communities where we conduct business. We encourage you to contact us with suggestions, comments, questions, and referrals about community events and sponsorships.
Our efforts and achievements
Investing in our communities
Partnering. Investing. Building. We believe these are ways we can help communities thrive. By providing the right financial tools and lending our support, we are working with communities to create a solid foundation for the future.
In 2016 Union Bank® launched its third Community Service Action Plan for $40 billion, reflecting the bank’s strong commitment to the communities we serve. A copy of the 2016 CRA 5-Year Commitment is available upon request made to csrgroup@unionbank.com.
The MUFG Union Bank, N.A., 2016-2020 Community Service Action Plan (CSAP) outlines the bank’s five-year community commitment. The CSAP has 11 tenets of focus: Economic Development, Small Business Lending, Multi-family Affordable Housing Lending, Single Family Affordable Housing Lending, Branch Technology and Deposit Products, Philanthropy, Environmental Stewardship, Community Advisory Board, Supplier Diversity, Innovation, and Workforce and Board Diversity. This marks the bank’s third CSAP in more than 20 years.
Diversity lending: Loans to nonprofit organizations and businesses owned by women, minorities, and veterans
Community development finance: Affordable housing loans and tax credits for community development
Low- to moderate-income markets: Special checking products and mortgages to help low- to moderate-income consumers build a sound financial future
Supplier diversity: Supporting diversity in our suppliers by using businesses owned by women, minorities, and veterans
Foundation grants: Charitable contributions with a focus on affordable housing, education, community economic development, and the environment
Five Tenets of Responsible Banking
Financial products to fit your needs
Union Bank is committed to helping you achieve your financial goals with an array of products to fit the needs of the broad range of communities we serve. Some of those products are listed below:
Low cost account options: Special checking products for those with basic checking needs or low-income individuals
Small business loans: Government-assisted and SBA loan programs for businesses unable to obtain financing through standard programs
Community development finance: Loan programs to support multi-family projects in rural areas and to support special needs populations in need of affordable housing
Reporting on our efforts
While solutions may change, MUFG’s values of Integrity, Respect, Service, Collaboration, Inclusion, and Stewardship endure, consistently guiding us as we give back to the communities where we do business.
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