- Corporate Profile
- Corporate Governance
- Financial Documents
- Board of Directors
- Policy-Making Officers
- Diversity and Culture
- Corporate Social Responsibility
- Serving Communities
- Environmental Sustainability
- Social Media
UNION BANK TO DONATE $250,000 TO JAPANESE EARTHQUAKE RELIEF EFFORTS
For Immediate Release
Corporate Parent Company, Mitsubishi UFJ Financial Group, to Donate $6.3 Million
to Assist Victims of the Disaster
San Francisco, March 18, 2011 – Union Bank, N.A., announced today it will donate $250,000 through its Union Bank Foundation to organizations in Japan assisting with relief efforts for victims of the country’s devastating earthquake and resulting tsunami. Union Bank is a member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. MUFG has established a fund for disaster relief that now totals JPY500 million (approximately $6.3 million). The fund resulted from separate donations from MUFG’s more than 40 family of companies, including Union Bank and its parent company, The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU).
In addition, Union Bank is matching its employees’ donations to enhance their contributions. In one week, donations have totaled close to $160,000.
The bank also recognizes that customers in the United States sympathetic to the plight of victims may be interested in providing direct financial assistance to family members and friends in Japan. For these customers, Union Bank is providing several accommodations through the end of April 2011, such as waiving fees for consumer customers wiring funds to Japan for relief efforts, and special rates for yen conversion; and personal unsecured loans and home equity lines of credit with discounted rates and no fees. Customers are encouraged to visit their local branchfor details, or www.unionbank.com.
"It is difficult to watch a disaster of this magnitude unfold without wanting to take action to help," said President and Chief Executive Officer Masashi Oka. "I am proud and grateful that our bank and our employees have shown such compassion and concern for the Japanese people."