Union Bank of California
Unclaimed Property

Union Bank of California currently holds $23.2 million in unclaimed property distributed across 35,932 individual records in California. This substantial amount primarily consists of dormant checking and savings accounts, uncashed cashier's checks, safe deposit box contents, and abandoned mortgage escrow refunds from former banking customers.

Union Bank of California was a major regional bank operating throughout California, offering personal and business banking services including checking accounts, savings accounts, CDs, mortgages, and safe deposit boxes before being acquired by U.S. Bank in 2021. The most common scenarios leading to unclaimed Union Bank property include customers who moved without updating their address information, accounts that became dormant after automatic deposits stopped, unclaimed mortgage escrow refunds after loan payoffs, and safe deposit boxes that were abandoned after account closures.

The highest concentrations of claims are found in Los Angeles, San Francisco, and San Diego, which aligns with Union Bank's strongest market presence in these major metropolitan areas where they maintained extensive branch networks. Many former customers may not recognize 'Union Bank of California' as the official corporate name since the bank commonly operated under the shorter 'Union Bank' brand, and following the U.S. Bank acquisition, some individuals may not realize they still have outstanding claims from their former Union Bank relationships.

The average claim from Union Bank of California is $701.