Michael Banner joins Union Bank Community Advisory Board

Union Bank Press Release
Los Angeles, February 3, 2009

Michael Banner, Chanchanit (Chancee) Martorell and Craig Scharton have been named to Union Bank's Community Advisory Board. The members help guide the bank in its community reinvestment activities and outreach efforts.

The 10-person Community Advisory Board assists the bank in its community reinvestment activities in affordable housing, small business and economic development, consumer loans and services, charitable gifts, and other community enterprises. The board members' collaboration helps ensure the success of Union Bank's 10-year Community Reinvestment Act Commitment, a pledge to provide financial support in the form of loans and grants to improve California's communities. Each board member serves a three-year term.

"Our newest board members are Union Bank's lifeline to the communities we serve," said Robert A. McNeely, executive vice president of corporate social responsibility for Union Bank. "These individuals deal with the issues and the public that directly benefit from our investment efforts, and their involvement is crucial to helping us deliver on our commitment."

Banner, a Los Angeles resident, has been active in the area of community development finance for the past 15 years. He is currently the president and chief executive officer of Los Angeles Local Development Corp. Inc., a nonprofit revolving loan operator under contract to the
City of Los Angeles.

View the complete Press Release