Your relationship manager can help. Please contact them with your questions or for more information.
We’re dedicated to providing you with best-in-class banking services and industry expertise to help you achieve your business goals. Count on us for exceptional integrity, forward-thinking solutions and continuous innovation. We look forward to working with you through this transition and partnering with you on your future needs.
Your relationship manager can help. Please contact them with your questions or for more information.
You’ll continue to work with your current Union Bank team. The U.S. Bank Derivative Products Group (DPG) will support the team’s efforts by providing additional resources in the period leading up to conversion.
For now, the standard communications (e.g., payment notices and market-to-market statements) you receive will remain the same. You will be notified of any changes to your standard communications.
We will review your current interest rate derivative products and provide any necessary documentation to you. We're here to answer questions, provide assistance and ensure all documentation is in place to avoid disruptions in your interest rate derivative hedging activities.
Yes. To learn more about Equipment Finance products, speak with your relationship manager or view more information here.
There will be no change to your existing Equipment Finance transactions.
Your relationship manager can help! Please contact them with your questions or for more information.
Yes. We offer a suite of products and services comparable to those offered by Union Bank today. U.S. Bank is a registered swap dealer, so there may be additional regulatory requirements and documentation needed to engage in certain foreign exchange products.
We will review your current foreign exchange products and provide any necessary documentation to you. We’re here to answer questions, provide assistance and ensure all documentation is in place to avoid disruptions in your foreign exchange activities.
You may continue to use your existing contacts for all trade-related inquiries. In the event your points of contact do change, you will receive direct communication including updated contact information for trade transactions.
Not immediately. Union Bank’s trade portal will remain operational and may be accessed at the same URL using your existing login information. You will receive communication regarding a switch to a new URL and login details prior to conversion.
Your Union Bank client-relationship management team will work with you through the transition period. If there are any changes to your point of contact, you will be notified as soon as possible.
You will continue to work directly with your current relationship team. From now through the transition, your accounts will remain unchanged, and you can access them as you always have.
Yes. You will receive new wire instructions and new instructions regarding securities settlement ahead of the transition date.
Learn more about U.S. Bank global corporate trust here.
Your Union Bank client relationship management team will work with you through the transition period. If there are any changes to your point of contact, you will be notified as soon as possible.
The current URL will work through the transition period. If there are any changes to the URL, you will be notified as soon as possible and prior to any change.
The terms of your existing Union Bank loan will remain in place following the transition to U.S. Bank. If your business loan account number changes, you will be notified after conversion. Watch for additional communication via mail or email.
Please visit the Global Treasury Management page to learn what to expect for your treasury solutions.
Visit the Corporate Payment Solutions page to find transition tools and resources for your commercial card program.
No, your payments processing will continue as it does today.
No. You’ll continue to work with your existing team.
Notice: Non-U.S. Dollar denominated funds are subject to foreign currency exchange risk. Customers are not protected against foreign currency exchange rate fluctuations by FDIC insurance, or any other insurance or guaranty program. Deposit accounts with non-U.S. financial institutions offered through U.S. Bank are not deposits of U.S. Bank and are not insured by the FDIC.
Investment and derivative products and services are:
The information contained herein does not constitute any offer, solicitation, recommendation, commitment, or investment advice of any kind and is not meant for retail customers. Derivative products and services are generally restricted to “eligible contract participants” under and as defined in the Commodity Exchange Act and Commodity Futures Trading Commission regulations, and other legal requirements and restrictions apply.
© 2022 Elavon Inc. Elavon is a registered trademark in the United States and other countries. All rights reserved.