CHICAGO, Feb. 26, 2018 /PRNewswire/ -- PurePoint®
Financial, a hybrid digital bank and division of MUFG Union Bank,
N.A. aimed at committed savers, today announced the opening of its
newest Financial Center in the historic Gold Coast area.
This new location at 852 N. State Street is the fourth PurePoint
Financial Center in the region but first in Chicago proper, building upon their successful
presence in La Grange,
Skokie, and Glendale Heights. Starting today, the
Chicago community will be able to
visit the Financial Center and enjoy a modern, streamlined and
cashless experience along with a relaxed setting and hospitality
area. Clients will also enjoy market-leading rates on savings
accounts and CDs, no monthly fees, and knowledgeable savings
professionals who are available to answer questions about FDIC
insurance[i] and how best to save.
"Chicago is a major financial
hub, replete with people who want to save more and appreciate the
flexibility to grow their earnings at a time and place that makes
sense for them," said Pierre P.
Habis, President of PurePoint Financial. "We've established
great relationships with Chicagoans at our other locations and we
look forward to helping the community attain their savings
goals."
PurePoint launched just one year ago, and was created to provide
committed savers with what they want –– market-leading rates, the
convenience and around-the-clock access that comes from banking
online and the ability to meet with a savings professional
in-person when needed. The hybrid digital bank has continued to
offer a unique savings experience tailored to the evolving needs of
consumers and emphasizing service to their clients and local
communities. PurePoint exclusively offers savings accounts and
certificates of deposit (CDs), combining the convenience of online
banking with an exceptional client experience online, over the
phone or in-person at PurePoint Financial Centers.
PurePoint Financial Center celebrates renowned Chicago photographer
In conjunction with the Gold
Coast location opening its doors, PurePoint will pay homage
to the multifaceted culture seen throughout Chicago by creating a gallery for Todd Rosenberg, an equally versatile
photographer. A Chicago native,
Rosenberg has covered major events for the National Football
League, toured with the Chicago Symphony Orchestra and Chicago's Hubbard Street Dance company, and
provided stunning sports and entertainment industry images to
publications and venues nationwide. His one-of-a-kind photography
will be hosted at the PurePoint Gold Coast Financial Center.
"We have built a solid client base of committed savers
throughout the greater Chicago
area but until now, we didn't have a physical presence in the
city," said Dejan Bralic, Chicago
Market Executive for PurePoint Financial. "We are delighted to open
our doors within the historic Gold
Coast and showcase artwork that represents so much of what
makes this city so special."
Visit a PurePoint Financial Center
PurePoint Financial Centers are open Monday through Friday,
9:00 am – 5:00
pm (excluding federal holidays). With the addition of the
Gold Coast location, 20 PurePoint
Financial Centers are currently open in the New York, Chicago, Dallas, Houston, Miami, and Tampa
Bay areas, with others slated to open later this year.
About PurePoint Financial
PurePoint Financial is a division of MUFG Union Bank, N.A., a
proud member of the Mitsubishi UFJ Financial Group (MUFG), one of
the world's leading financial groups. As the next evolution in the
financial services industry, PurePoint® Financial is the
modern way to save − online, over the phone or in person. PurePoint
offers market-leading CD and savings rates, no monthly fees and all
the flexibility and convenience of online banking with 24/7 access
from your computer, tablet or mobile devices. PurePoint also offers
Financial Centers at select locations staffed by knowledgeable team
members who are committed to delivering exceptional experience.
About MUFG Union Bank, N.A.
As of September 30, 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)[ii], 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.
[i] Deposits of PurePoint Financial and MUFG Union Bank, N.A.
are combined and not separately insured for FDIC insurance
purposes
[ii] Exchange rate of 1 USD=¥112.7
(JPY) as of September 29, 2017
PurePoint Financial is a division of MUFG Union Bank, N.A.
©2018 MUFG Union Bank, N.A. All rights reserved. Member FDIC.
PurePoint and the PurePoint logo are registered trademarks and
brand names of MUFG Union Bank, N.A.
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SOURCE PurePoint Financial