HOUSTON, Aug. 31, 2017 /PRNewswire/ -- MUFG today
announced it will donate $100,000 to
provide disaster relief and support the recovery efforts in the
Gulf Coast region. The funds will be distributed among local
nonprofit organizations assisting impacted residents including
small business owners. MUFG is mobilizing a team to begin
working with area agencies to identify the community's top
priorities.
The company will also match dollar-for-dollar employee donations
made towards Hurricane Harvey relief efforts.
"Our Foundation is working with local partners to identify those
most in need and help them rebuild their homes and lives," said
Julius Robinson, head of Corporate
Social Responsibility for the Americas. "We will continue to
monitor the impact of this natural disaster over the next weeks and
months to determine how we can provide additional support and help
contribute to the region's economic recovery."
The MUFG Union Bank Foundation ("The Foundation") is a nonprofit
public benefit corporation that serves as an agent for charitable
contributions made by MUFG Union Bank, N.A. Since its creation in
1953, The Foundation has supported the bank's commitment to help
meet the needs of the communities that it serves. Its mission is to
make philanthropic investments that expand access to economic
opportunity in low- and moderate-income communities especially in
the areas of affordable housing, community economic development,
education, human services, and the environment.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is
a full-service bank with offices across the United States. 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
$116.7 billion, as of June 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 ¥304.2
trillion (JPY) or $2.7 trillion
(USD)¹, as of June 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.
1 Exchange rate of 1
USD=¥112.0 (JPY) as of June 30,
2017
©2017 MUFG Union Bank, N.A. All
rights reserved. Member FDIC.
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SOURCE MUFG Union Bank, N.A.