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For Immediate Release

Joanne C. Curran
(213) 236-5017

Union Bank's Brokerage Subsidiary Plans to Open More Investment Offices in California

LOS ANGELES (November 23, 2009) -- In an effort to expand access for clients to its brokerage, investment and retirement planning services, Union Bank, N.A., today announced the opening of a new UnionBanc Investment Services (UBIS) investment center in Sherman Oaks, California. The new office, located at Ventura and Sepulveda boulevards, is the first of several new UBIS investment centers planned to open over the next few years.

"With the tremendous upheaval in the economy, we understand that people need convenient access to sound investment advice and planning," said UBIS Chief Executive Officer, Steven Short. "UnionBanc Investment Services has long been a trusted advisor, and our new investment centers will help us provide the services our customers demand, when and where they need them."

UnionBanc Investment Services, which has advisors located within Union Bank branches, provides a full range of investment and retirement services, including creating customized investment plans and managing portfolios to help clients reach their financial goals. At the new Sherman Oaks center, UBIS' senior financial advisors will now have a dedicated, expanded investment office where they can work directly with clients to help them define and meet their individual financial goals.

"The new offices will be fully staffed with senior investment advisors, providing clients the opportunity to meet with financial advisors when their schedules permit," said Short. "Clients can drop in when they're in the neighborhood and they'll find an advisor ready to assist."

The financial advisors at the new UBIS office will work with existing Union Bank clients, as well as serve investors who are not current customers of the bank. Clients and potential clients at the new Sherman Oaks office will benefit from the ample conference space, including high-tech communications systems, where UBIS advisors will host informational events and seminars.

"We look forward to inviting clients and prospects to see a live video presentation from a fund manager, perhaps located in San Francisco, about a timely issue and then provide them an opportunity to follow up directly with advisors who are right on site," said Short.

The Sherman Oaks Investment Center, located at 15255 Ventura Blvd., is open Monday through Friday from 9:00 a.m. to 5:00 p.m. The new, adjacent Union Bank branch is open Monday through Friday from 9:00 a.m. to 6:00 p.m., and Saturdays 9:00 a.m. to 2:00 p.m. Visit:

"This is a very exciting time in the evolution of Union Bank's service to its customers and community. By establishing dedicated investment offices, we are providing enhanced access to the important brokerage services our customers want, in addition to the Bank's top-quality traditional banking services," said Short.

About UnionBanCal Corporation, UnionBanc Investment Services & Union Bank, N.A.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $78.2 billion at September 30, 2009. 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 has 337 banking offices in California, Oregon, Washington and Texas and two international offices. Investments available through UnionBanc Investment Services, LLC, a registered broker-dealer, investment advisor, member FINRA/SIPC, and subsidiary of Union Bank, N.A.: Are NOT insured by the FDIC or by any other federal government agency; Are NOT Bank deposits; Are NOT guaranteed by the Bank or any Bank Affiliate; and are subject to investment risks, including the possible loss of principal. 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 for more information.