As U.S. Bank’s Small Business and Branch Banking market leader in Los Angeles, Ventura, San Luis Obispo and Santa Barbara counties, Hamed Tavajohi has played a vital role in the integration of MUFG Union Bank, which U.S. Bank acquired in December 2022.
The process has been something of a homecoming experience for Tavajohi, who began his industry career at Union Bank as a bank teller in 1998. As the leader of the integration process for Union Bank locations and services throughout Greater Los Angeles, Tavajohi says U.S. Bank has committed to retaining all frontline branch employees during the merger.
What is U.S. Bank’s long-term plans in Los Angeles and Southern California?
Today, U.S. Bank has the fourth-largest branch network in the state, and that number is going to increase significantly with the conversion of hundreds of Union Bank branches to U.S. Bank branches, planned for late May. California customers will enjoy greater convenience, improved technology, and our continued focus on building strong communities.
After Union Bank branches are integrated to the U.S. Bank brand, current Union Bank customers will have more than double the number of branches available to them in California. At the same time, existing U.S. Bank customers will gain more than 100 new locations in the state… We have been investing in organic growth in Los Angeles as well, opening nine new or remodeled branches in Los Angeles and the surrounding area since late 2019.
U.S. Bank has committed to retaining all frontline branch employees during the merger, and customers will continue to see familiar faces serving them. We’re also making sure that employees who represent communities where a large number of residents speak Farsi, Spanish, Mandarin, Japanese, Vietnamese, and other languages remain in those communities. The mission of U.S. Bank is to use our hearts and minds to help power human potential, close the racial wealth gap by creating equitable access, and foster strong…
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