MUFG Union Bank, National Association


350 California St
San Francisco, CA 94104
See all branch locations →

ACH 12200049

Phone 800 238 4486

Notable Rates APY Vs.Others
Savings N.A. 5.02% →
1-Year CD N.A. 5.25% →
2-Year CD N.A. 5.10% →
5-Year CD N.A. 4.50% →
30-Year Mortgage 7.57% 0.00% →
15-Year Mortgage 6.64% 0.00% →
HELOC 6.74% 0.99% →

2023 Overview

General Bank Information

MUFG Union Bank, National Association is an FDIC insured institution located in San Francisco, CA. It was founded in 1979 and has approximately $124.66 billion in assets. Customers can open an account at one of its 391 branches.

FDIC Insured Yes
FDIC Certificate # 22826
Date Established 1979
Assets $ 124.66 billion
Loans $ 78.76 billion
Deposits $ 90.63 billion
Capital $ 15.39 billion

For a more detailed analysis of MUFG Union Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - March 29, 2023

Your Current Location: Virginia, VA 20146

Online Only CD Rates of Purepoint MUFG Union

Online CD Rates APY MIN MAX
6 Month CD
0.15% $10,000 - Learn More
1-Year CD
0.25% $10,000 - Learn More
14 Month No Penalty CD
0.10% $10,000 - Learn More
18 MO CD
0.25% $10,000 - Learn More
24 Mo CD 1K
0.25% $10,000 - Learn More
36 Mo CD 1K
0.25% $10,000 - Learn More
48 Month CD
0.25% $10,000 - Learn More
60 Month CD
0.25% $10,000 - Learn More
Checking Rates APY MIN FEE
Priority Banking® checking 0.00% $25,000 $25.00 Learn MoreShow Less

Bank Online Offers

Purepoint Raises 1-year CD rate to 2.80%
Dec 7, 2018

Purepoint has raised their one-year CD rate to 2.80% from 2.60% today.   The rate requires a minimum deposit of $10,000, and is still below the best online one-year CDs.   Purepoint's one-year CDs have a 181-day early withdrawal penalty which is higher than that on one-year CDs from Barclays Bank Delaware, Ally Bank, Live Oak and others. 

Purepoint MUFG Union Raises Online Savings Rate to 2.35%
Jan 4, 2019

Purepoint has raised its online savings rate to 2.35%.   BestCashCow has received reports that customers of Union Bank in California are being offered bumps on this of 10 to 15 bps.

Purepoint Lowers 1-Year CD rate
May 30, 2019

Purepoint has lowed its one-year CD rate to 2.75%.   This continues a trend that we are seeing of declining premiums in all CD categories.    

Purepoint Slashes CD Rates
Jun 28, 2019

Purepoint has slashed all of its CD rates by 50 basis points.   The one-year CD has moved from 2.75% to 2.25% and the five-year has moved from 3.00% to 2.50% overnight.   While Purepoint has instantly removed itself from competitiveness on the CD front, the 13-month no penalty CD remains a very attractive savings alternative at 2.50%.

Purepoint Cuts No Penalty CD to 2.00%
Jul 1, 2019

Purepoint's 13-Month No Penalty CD is a product that we recommended when it launched at 2.60% and continued to recommend at 2.50%.    The rate has now been cut to 2.00% and depositors should now look to the higher No Penalty rates from Marcus and Ally first.

Purepoint Lowers Savings Rate from 2.35% to 2.15%
Jul 17, 2019

Purepoint Financial has lowered its savings rate by 20 basis points today.    Its savings rate now stands at 2.15%.   This move follows recent moves to lower all of its CD rates and its No Penalty CD rate.

Purepoint Lowers Savings Rate to 0.40% APY: CD rates even lower
Sep 26, 2020

Purepoint was the most competitive online bank when they entered the market two years ago with great savings, CD and No Penalty CD rates.   Now the savings rate is 0.40% APY and CD rates are no higher than 0.25% APY.   If you are still attacted to the No Penalty CD product, you can get 0.15% APY on a 11-month or 0.10% APY on a 13 or 14-month product.


Loan Rates - March 29, 2023

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.


MUFG Union Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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MUFG Union Bank, National Association Locations

Climate Initiatives

MUFG Union Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

MUFG Union Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of MUFG Union Bank, National Association. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
MUFG Union Bank, National Association U.S. Bank Average
2.52% 8.03%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2022, MUFG Union Bank, National Association had $407,453,000 in non-current loans and $107,000 in owned real estate. To cover these potential losses it had $15,392,918,000 in equity and $784,217,000 in loans loss reserves. That gives it a Texas Ratio of 2.52%.

Return on Equity
MUFG Union Bank, National Association U.S. Bank Average
4.24% 10.00%

MUFG Union Bank, National Association has a Return on Equity of 4.24% versus the BestCashCow average of 10.00%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

MUFG Union Bank, National Association U.S. Bank Average
12.35% 9.96%

MUFG Union Bank, National Association has a Capitalization of 12.35% versus the BestCashCow average of 9.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

MUFG Union Bank, National Association Balance Sheet Analysis

As of September 30, 2022, MUFG Union Bank, National Association had assets of $124,662,227,000, loans of $78,758,642,000, and deposits of $90,630,866,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2022
Cash & Balances due from depository institutions $ 11.77 billion
Interest-bearing balances $ 10.37 billion
Total securities $ 24.79 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 78.76 billion
Loan loss allowance $ 784.22 million
Trading account assets $ 262.76 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.11 million
Goodwill and other intangibles $ 1,496.11 million
All other assets $ 6.28 billion
     Total Assets $ 109.16 billion
Total deposits $ 90.63 billion
      Interest-bearing deposits $ 49.43 billion
      Deposits held in domestic offices $ 90.63 billion
      % insured (estimated) 44.05%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 1,513.28 million
Other borrowed funds $ 13.95 billion
Subordinated debt N.A.
All other liabilities $ 1,909.67 million
      Total Liabilities $ 109.16 billion
      Shareholders’ Equity $ 15.50 billion

Summary Income Statement

September 30, 2022
Total Interest Income $ 2.57 billion
Total Interest Expense $ 281.25 million
Net interest income $ 2.29 billion
Provision for loan and lease losses $ 103.25 million
Total non interest income $ 2.01 billion
Total non interest expense $ 3.54 billion
Pre-tax Net Operating Income $ 417.18 million

Bank Loan Profile?

The top three loan types in MUFG Union Bank, National Association’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in California, MUFG Union Bank, National Association has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 36.42
Credit Card Loans 0.31
Consumer Auto Loans 0.01
Small Business Loans 0.69
Construction and Development Loans 1.78
Commercial Real Estate 11.05
Commercial and Industrial Loans 24.59
Farm Loans 0.68

Customer Reviews for MUFG Union Bank, National Association

  • April 15, 2019 |

    CDs 12 Month Rates

    Great cd rate, that's what we wanted...who cares if they sales-pitch, trainees don't smile or their branches are poorly lit...we want returns that equal or beat inflation from a brick and mortar bank...that's all.

  • October 19, 2018 |

    CDs 18 Month Rates

    2.9 18 month mail advertisement sure soundeed good until you visit the branch and they try to get to to sign up for everything they sell. Plus further transactions have to be done inside the branch. I hate pushy car salesman or bank people of this nature!

  • August 22, 2018 |

    CDs 18 Month Rates

    Terrible!!! Opened a CD at their downtown Seattle location to take advantage of a promotion rate that came in the mail. They are only interested in up-selling products you don't need. Basic customer service really sucks. Their online banking is from the last decade and has a bunch of unnecessary transfer restrictions -- it forces a visit to the branch for even basic stuff. Tried closing my accounts and they again made me run around for no reason. Avoid Union Bank in Seattle for peace of mind.

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