Union Bank Donates $40,000 to support “United to End Homelessness Initiative”

Union Bank Donates $40,000 to support “United to End Homelessness Initiative”

Donation supports United Way’s efforts to tackle homelessness crisis in Orange County

(L to R): Rossina Gallegos, Corporate Social Responsibility Officer, Union Bank; Susan B. Parks, President and CEO, Orange County United Way; and Mike Feldman, Head of Wealth Markets, Union Bank, after the check presentation.

 

IRVINE, Calif. (Sept. 12, 2018) – As part of its ongoing commitment to support the Orange County community, The MUFG Union Bank Foundation donated $40,000 to the United Way’s “United to End Homelessness” initiative.

The initiative is a community-wide collaboration launched earlier this year in response to the unprecedented homelessness facing Orange County. It is part of FACE 2024, a 10-year collaborative, communitywide action plan begun in 2014 to create a positive future for the next generation.

The new initiative is focused on educating local residents and generating support for proven strategies and public policies to reduce homelessness across Orange County. The long-term goal is to reach a “functional zero” homelessness population, when the number of homeless is equal to or less than the number housed during the same time period.

“As a long-time Orange County resident and member of the local United Way board, I am close to the growing impacts of homelessness in our community,” said Mike Feldman, Head of Wealth Markets for Union Bank. “I am fortunate to be part of an organization that recognizes local companies will only be as successful as the people and communities we serve. Union Bank is deeply committed to helping build strong, sustainable futures where all of us can thrive, and the Union Bank Foundation is proud to do our part to help the United Way achieve its goals in addressing homelessness in Orange County.”

The MUFG Union Bank Foundation has partnered with the Orange County United Way for more than 20 years, providing financial support and employee engagement to help low income families build assets and build financial stability. Feldman has served on the Board of the Orange County United Way for nearly 15 years.

“We greatly appreciate our continued partnership with Union Bank,” said Susan B. Parks, President and CEO of Orange County United Way. “With their support of United to End Homelessness, we can educate minds and change hearts in Orange County on this critical issue, and ultimately end homelessness in a dignified and caring way.”

ABOUT UNITED TO END HOMELESSNESS

Following up on key recommendations in the landmark Homelessness Cost Study commissioned by Orange County United Way in partnership with University of California, Irvine and Jamboree, and applying lessons learned from other communities, the United to End Homelessness coalition, led by United Way, is comprised of local leaders working to ensure that integrated and sustainable solutions are implemented on behalf of Orange County neighbors suffering from homelessness. The goal is to end street homelessness in Orange County. For more information, please visit www.unitedtoendhomelessness.org.

About MUFG Union Bank, N.A.

As of March 31, 2018, MUFG Union Bank, N.A. operated 355 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 21 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 $120.9 billion, as of March 31, 2018, 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: MUFG), one of the world’s largest financial organizations with total assets of approximately ¥306.9 trillion (JPY) or $2.9 trillion (USD)¹, as of March 31, 2018. 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=¥106.2 (JPY) as of March 30, 2018

CONTACT:
Mike Suydam | 949- 981-5008| mikes@unitedwayoc.org