Union Bank, a primary subsidiary of San Francisco-based UnionBanCal, has opened a new branch in Dallas, Texas.
Reportedly, Union Bank has been operating in Texas since 1985, providing commercial loans and project financing to large corporations and specialized industries such as oil and gas, power, utilities, and commercial real estate. In addition to the new Dallas branch, Union Bank also has offices in Houston.
JoAnn Bourne, senior executive vice president of corporate deposits and global treasury management for Union Bank, said: “Our longstanding relationships with our customers in Texas are important to us. By opening a Texas branch, we will enhance our full banking partnerships with our clients, including providing them with local depository and treasury management services. We also look forward to growing our existing relationships and building new relationships throughout the great state of Texas.”
