4.0
Oct 22, 2014
Former employee, more than 5 years
Los Angeles, CA
Recommend
CEO approval
Business outlook
Pros
Security - Union has been careful about its acquisitions and entries into new markets. They are a stable, long term employer. Competitiveness within the marketplace - Union is able to price their products to be competitive as well as conservative to attract the best customers
Cons
Like many large organizations, Union Bank is highly structured. Decisions are hard to come by some of the time. It would be more efficient to delegate more authority to line units. While the ownership is substantial it sometimes feels disconnected. I have worked for another foreign owned institution and noticed the same element.