Print | Email

tcm:9-48955

DARREN SIEGRIST JOINS UNION BANK’S GROWING CONSUMER LENDING GROUP



For Immediate Release


Contact:
Jane Yedinak
(415) 765-3241
jane.yedinak@unionbank.com


ORANGE COUNTY, Calif., March 21, 2011 - Union Bank, N.A. today announced that Darren Siegrist has joined its Retail Consumer Lending team as regional vice president of Orange County. In a newly created position that reports to Senior Vice President and Head of Retail Mortgage and Consumer Loan Originations Stuart Bernstein, Siegrist is responsible for the growth of retail residential lending throughout Orange County and the Inland Empire. Union Bank’s Consumer Lending group originates and services the bank’s loans to consumers, which includes residential mortgages.

"Darren brings 12 years of consumer lending expertise to our team which will be invaluable as we expand our retail mortgage lending organization," said Bernstein. "He has strong relationships within the industry and I am confident that he will be instrumental in driving growth within the region. I am pleased that Darren has joined our team."

Before joining Union Bank, Siegrist served as area director for MetLife Bank, previously First Horizon Home Loans. In this position, he was responsible for both retail and wholesale channel production growth in the greater Los Angeles marketplace. Prior to that, Siegrist served as regional director for Silver State Mortgage, where he was an integral part of expanding its wholesale lending unit across the Western United States. Siegrist has also held positions at First Franklin Financial, where oversaw the origination of mortgage loans with business partners throughout Los Angeles.

Siegrist received his bachelor’s degree in accounting from Michigan State University. He received an executive MBA with an emphasis in finance from the Marshall School of Business at the University of Southern California

About UnionBanCal Corporation & Union Bank, N.A.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $79.1 billion at December 31, 2010. 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 401 banking offices in California, Washington, Oregon and Texas, as well as two international offices, on December 31, 2010. 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.