NEW YORK--(BUSINESS WIRE)--Union Bank today announced that Managing Director Todd Hollander, who heads the bank’s Business Banking Group, has been named vice chairman of the Consumer Bankers Association’s (CBA) Small Business Banking Committee. Hollander will help set the committee’s mission, annual goals and agenda. His role also includes steering the committee through regulatory and legislative issues affecting small business lending. His current role became effective January 1, 2015. In October 2015, Hollander will begin serving a two-year term as the committee’s chairman through October 2017.
“Todd’s extensive industry experience and insight into emerging small business developments and strategies will be an asset to CBA’s Small Business Banking committee,” said Union Bank West Coast President and Head of Retail Banking and Wealth Markets Tim Wennes, who is also the current CBA board chairman. “He has enhanced and grown Union Bank’s Business Banking division, and I look forward to working with him in his new CBA leadership role.”
A 24-year industry veteran, Hollander joined Union Bank in 2010 as head of the Business Banking group. Prior to Union Bank, he served as executive vice president for Citizens Business Bank, and he also held various senior executive positions at California National Bank, Pacific National Bank and U.S. Bank. Hollander started his banking career in Orange County with Wells Fargo Bank, working in the business banking, retail and commercial groups of the bank.
Active in the community, Hollander supports a number of nonprofit organizations, serving on the boards for several, including Junior Achievement, PBS SoCal, and the California Bankers Association. He graduated from San Diego State University and completed post graduate work at Stanford, the University of Chicago and the Consumer Bankers Association Graduate School of Retail Bank Management.
“CBA is excited to have Todd help lead our Small Business Banking Committee as we work to identify new approaches to serve this critical marketplace,” said CBA President and Chief Executive Officer Richard Hunt. “The retail banking industry sees many growth opportunities in the small business market, and the committee is focused on helping CBA members develop strategies to achieve the full potential of America’s small businesses.”
“Strong small businesses remain the backbone of this country, and I am honored to serve as vice chair for the CBA Small Business Committee,” said Hollander. "Small business owners are working harder than ever, and I look forward to advocating for the responsible growth and prosperity of the small businesses that help fuel the economic success of this country.”
Union Bank’s Business Banking group serves businesses with up to $15 million in annual revenues and offers a comprehensive group of products and services for businesses and their owners, including deposit solutions, loans, lines of credit, specialized credit programs and online business products.
About Consumer Bankers Association
Founded in 1919, the Consumer Bankers Association (CBA) is the trade association for today's leaders in retail banking - banking services geared toward consumers and small businesses. The nation's largest financial institutions, as well as many regional banks, are CBA corporate members, collectively holding well over half of the industry's total assets. CBA’s mission is to preserve and promote the retail banking industry as it strives to fulfill the financial needs of the American consumer and small business.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial, retail banking and wealth management solutions to meet the needs of customers. The bank also offers an extensive portfolio of value-added solutions for customers, including investment banking, personal trust, capital markets, global treasury management, transaction banking and other services. With assets of $110.9 billion (USD), as of September 30, 2014, the bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world’s largest financial organizations with total assets of approximately ¥264 trillion (JPY) or $2.4 trillion (USD)1, as of September 30, 2014. MUFG Americas Holdings Corporation, the financial holding company and MUFG Union Bank, N.A., have corporate headquarters in New York City.
©2014 Mitsubishi UFJ Financial Group, Inc. All rights reserved. Union Bank is a registered trademark and brand name of MUFG Union Bank, N.A., Member FDIC. Equal Housing Lender.
1 Exchange rate of USD=¥109.45 (J-GAAP) as of September 30, 2014.