(MENAFN Editorial) SACRAMENTO, Calif., Dec. 15, 2017 /PRNewswire/ -- today announced that Michael Zaretsky has joined its Consumer Banking team as Branch Manager for the Sacramento Downtown and Davis branches. Zaretsky will manage the branch staff and coordinate efforts to serve the bank's new and existing clients at both locations.
"I am pleased to join an organization as outstanding as Union Bank," Zaretsky said. "I have been active in the Sacramento community for 15 years and I look forward to working with the great Union Bank team to serve our clients' needs."
"We are thrilled to welcome Michael to Union Bank," said Debra Taylor, Managing Director and Greater Sacramento Region Manager. "His extensive banking and leadership experience and his passion for our community make him a wonderful addition to our team."
About MUFG Union Bank, N.A.As of September30, 2017, MUFG Union Bank, N.A. operated 361 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as 18 PurePoint Financial Centers and two international offices. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $118.6 billion, as of September 30, 2017, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world's largest financial organizations with total assets of approximately ¥305.5 trillion (JPY) or $2.7 trillion (USD)1, as of September 30, 2017. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
1Exchange rate of 1 USD=¥112.7 (JPY) as of September 29, 2017
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