BROOKLYN, N.Y., March 14, 2018 /PRNewswire/
-- PurePoint® Financial, a hybrid digital bank and
division of MUFG Union Bank, N.A. aimed at committed savers,
announced today the opening of its newest Financial Center in
Brooklyn.
Located in the historic Brooklyn Heights neighborhood at 142
Montague Street, the third PurePoint Financial Center in
New York builds upon the momentum
from those launched on Park Avenue in Midtown Manhattan and in
Scarsdale.
Beginning this week, Brooklynites and those in the surrounding
communities will be able to visit the PurePoint Financial Center
and enjoy a modern, streamlined and cashless banking experience
along with a relaxed setting and hospitality area. Clients will
also enjoy market-leading rates on savings accounts and
certificates of deposit (CDs), no monthly fees, and knowledgeable
savings professionals who are available to answer questions about
FDIC insurance1 and how
best to save.
"Brooklyn is its own hub within
the financial capital of the world, and we wanted to be sure all
five boroughs were able to build their savings at location that
makes sense for their 24/7 lives," said Pierre P. Habis, President of PurePoint
Financial. "We've established great relationships in New York and are excited to help this
community get to work on their savings goals."
PurePoint was launched in February
2017 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 CDs, and new online accounts can be opened within six
minutes and funded from a mobile device.
"We've built a strong base of committed savers in and around
New York City, and look forward to
putting down roots and making similar connections in Brooklyn
Heights," said Eliane Tchikanda,
director and New York market
executive for PurePoint Financial.
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
Brooklyn Heights location, 21 PurePoint Financial Centers are
currently open in the New York,
Chicago, Dallas, Houston, Miami, and Tampa
Bay areas.
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 an exceptional client
experience.
About MUFG Union Bank, N.A.
As of December 31, 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 19 PurePoint Financial Centers and one international
office. 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
$118.5 billion, as of December 31, 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
¥312.5 trillion (JPY) or $2.8
trillion (USD)2,
as of December 31, 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.
1Deposits of
PurePoint Financial and MUFG Union Bank, N.A. are combined and not
separately insured for FDIC insurance purposes
2Exchange rate of
1 USD=¥113.0 (JPY) as of December 29, 2017
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SOURCE PurePoint Financial