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July 31 2013

Union Bank Executive Vice President Kimberly M. Kahmer to Serve on the Southwestern Board of Directors for Operation HOPE


LOS ANGELES – August 1, 2013 – Financial dignity nonprofit Operation HOPE (HOPE) announced today that Kimberly M. Kahmer, executive vice president for the Retail Banking Group at Union Bank, N.A., is the latest edition to the Southwestern Board of Directors. 

During her two-year term as a “Silver Rights” Ambassador for the Los Angeles based organization, Ms. Kahmer will help promote HOPE’s brand, advance economic literacy initiatives and spread financial dignity on a local and global scale. 

Ms. Kahmer is responsible for managing Union Bank’s retail deposit and credit card portfolios. Her multi-disciplinary team brings a highly analytical, fact-based approach to portfolio management, product development and product management. She is based in Los Angeles and serves as a member of the bank’s Asset Liability Committee and Deposit Strategy Committee. 

Ms. Kahmer joined Union Bank in 2008. She began her career as a consultant for Kaplan Smith, a subsidiary of CS First Boston. She also served as chief financial officer for Banking and Financial Services at Washington Mutual and as a managing director and chief financial officer of deposits and investments for Countrywide Bank, FSB. 

Ms. Kahmer graduated with a Bachelor of Science degree in industrial engineering from Texas A&M and received her MBA from the University of Utah. She supports La Escuela Bilingue Los Algarrobos in Canoa, Ecuador, an organization committed to helping children become global citizens. 

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $102.3 billion at June 30, 2013. Its primary subsidiary, Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 422 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on June 30, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world’s largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit www.unionbank.com for more information. 

HOPE promotes financial dignity through financial literacy and education tools to underserved communities in more than 300 cities worldwide. Through its four core portfolios, the organization has provided youth and adult financial literacy, economic preparedness, digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than 2 million individuals, families, and small business owners. 

Comprised of some of the nation’s most powerful executives, decision-makers, bankers and economists, the HOPE Board is made up of seven regional boards, a national board and global advisory board. A complete 2013 list of HOPE’s Boards may be viewed at www.operationhope.org