U.S. Bank received regulatory approval to acquire MUFG Union Bank’s core regional banking franchise. We’re excited about the support, investment and opportunity this acquisition will bring to the people and communities in the western United States.
After the transition is complete (anticipated in the first half of 2023), customers of both U.S. Bank and MUFG Union Bank will enjoy expanded access to branches and ATMs in California, Washington and Oregon. Transitioning MUFG Union Bank customers will benefit from a broader selection of banking products and services, as well as industry-leading digital tools that let them bank when, where and how they prefer.