MUFG Union Bank is a banking institution based in New York, NY. Established in 1864, the bank provides financial services to businesses and individuals. In addition, it offers investment and financial management, trust, insurance, global custody, trust, and estate plan administration, deposit and cash management services. It operates as a subsidiary of MUFG Americas Holdings Corporation, which in turn is a subsidiary of Mitsubishi UFJ Financial Group. The assets are managed by the Board of Directors.