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| PRESS RELEASE
ROBERT MCNEELY PROMOTED TO EXECUTIVE VICE PRESIDENT AT UNION BANK OF CALIFORNIA
SAN FRANCISCO -- Union Bank of California, N.A. announced recently that Robert A. McNeely, senior vice president and head of corporate community development, has been promoted to executive vice president by the UnionBanCal Corporation board of directors. McNeely, reports directly to Chief Operating Officer Philip Flynn. Responsible for bank-wide coordination of the company’s community development and reinvestment efforts, McNeely serves as its Community Reinvestment Act (CRA) officer. In 2006, Union Bank provided a total of $3.3 billion in CRA-related loans and activities. McNeely, who chairs the CRA committee, serves as secretary to the bank’s public policy committee and is chief liaison to the bank’s community advisory board. He is also chairman and CEO of the Union Bank of California Foundation and heads both the diversity council and the environmental task force for the bank. Joining the company in 1968, McNeely has held positions as employee relations manager, regional sales manager and branch manager. Subsequently, he was a key player in developing the bank’s community reinvestment strategy in the late 1980s, and was named to his post in corporate community development in 1988. That same year McNeely was advanced to senior vice president. Under his leadership, in 2006, Union Bank received an “outstanding” rating from the Office of the Comptroller of the Currency for its community reinvestment activities. Active in the community, McNeely serves on boards and committees for a wide range of organizations including: · Vice chairman of the board of directors - Center City Development Corporation, San Diego · President of the board of trustees - California Historical Society · Chair of the board of directors - New Covenant Trust Company, wholly owned by the Presbyterian Church (USA) Foundation · Director - San Diego County Dental Health Foundation · Advisory member, board of directors - Neighborhood National Bank · Member, corporate advisory board - Urban Financial Services Coalition (UFSC), where he also serves as an advisor to the UFSC Foundation · Member, small business fund advisory committee – Community Development Department, City of Los Angeles · Member, community reinvestment committee - Consumer Bankers Association Additionally, McNeely serves as a director for Social Compact, is a member of the President’s Diversity and Equity Community Advisory Council at San Diego State University, and the President’s Community Council at Point Loma Nazarene University. McNeely is a graduate of the Pacific Coast Banking School at the University of Washington in Seattle and the School of Bank Marketing at the University of Colorado in Boulder. He is a resident of San Diego. Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $52.6 billion at December 31, 2006. Its primary subsidiary, Union Bank of California, N.A., had 321 banking offices in California, Oregon and Washington, and two international offices at December 31, 2006. The company's Web site is located at www.unionbank.com Contact: Joanne Curran (213) 236-5017 Sharon Woodson-Bryant (213) 237-4145
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