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UNION BANK PROMOTES TERRY NEGENDANK TO REGIONAL MANAGING DIRECTOR OF THE PRIVATE BANK
IN NORTHERN CALIFORNIA
For Immediate Release
PALO ALTO, CA, December 14, 2011 – Union Bank, N.A. today announced that veteran banker Terry Negendank has been promoted to regional managing director of The Private Bank in Northern California. The Private Bank provides comprehensive wealth management services including wealth planning, investments, risk management, fiduciary services and banking. Based in Palo Alto, Negendank will oversee The Private Bank across Northern California, including San Francisco, East Bay, Marin, Sonoma and Sacramento.
“Terry’s depth of experience and tenure with Union Bank will be invaluable as he assumes this new role and we continue building long-lasting client relationships,” said Executive Vice President of Wealth Markets Dennis Mooradian. “Union Bank has a deep commitment to our clients and to the communities we serve, and we are confident Terry and his team will continue to serve the region by offering client-centered, customized wealth management solutions.”
Negendank joined Union Bank in 1993 as deputy director of wealth management responsible for strategy and product development for Private Banking and the Affluent Market Segments within the Retail Bank. Prior to joining Union Bank, Negendank held senior management positions at Pacific Western Bank and Sanwa Bank California in the San Francisco Bay Area. He began his career at Bank of America.
Negendank received a bachelor’s degree in Economics from the University of California at Davis and a master’s degree in Business Administration from Santa Clara University. He is a member of the advisory board of Myelin Repair Foundation; and is a member of the Filoli Governing Board in Woodside, Calif., a National Trust for Historic Preservation of property. In addition, he serves on the Union Bank Foundation as a member of the Northern California Community Affairs Council.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $84 billion at September 30, 2011. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 404 full-service branches in California, Washington, Oregon and Texas, as well as two international offices, on September 30, 2011. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. Visit www.unionbank.com for more information.