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INDUSTRY VETERAN DYKE MUNDY JOINS UNION BANK’S CONSUMER LENDING GROUP
For Immediate Release
SACRAMENTO, Calif., August 24, 2011 - Union Bank, N.A. today announced that Dyke Mundy has joined its Retail Consumer Lending team as a regional sales manager based in Sacramento. In a newly created position that reports to Senior Vice President and Head of Retail Mortgage and Consumer Loan Originations Stuart Bernstein, Mundy is responsible for the growth of residential lending throughout the Central Valley.
"Dyke has 22 years of experience in mortgage originations and knowledge of the industry which will be a tremendous asset to our consumer lending team," said Bernstein. "Dyke's depth of experience and lending expertise will be invaluable as we grow our consumer lending organization to further meet the needs of our new and existing clients in the Central Valley."
Before joining Union Bank, Mundy served at Five Star Bank as senior vice president and mortgage division president where he was responsible for developing a new loan department and originating loans. Prior to that, he served at Wachovia and World Savings, most recently as senior vice president and mortgage banking executive where he managed all aspects of the bank’s retail loan operations in Northern California and Northern Nevada.
Active in the community, Mundy serves on the Northern California Children's Therapy Center's Board of Directors and volunteers with local youth sports. He holds a bachelor's degree in business administration from St. Mary’s College and an MBA in finance from St. Mary’s College Graduate School of Business.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $80.1 billion at June 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 403 full-service branches in California, Washington, Oregon, and Texas, as well as two international offices, on June 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.