U.S. Bancorp and MUFG Union Bank N.A. (“MUFG Union Bank”) announced that they have entered into a definitive agreement to sell three legacy MUFG Union Bank branches in San Bernardino County, California to HomeStreet Bank (“HomeStreet”). The divestiture of these branches, as directed by the Department of Justice, is related to U.S. Bancorp’s previously announced acquisition of MUFG Union Bank’s core regional banking franchise.
Under the agreement, the MUFG Union Bank branches located at the following addresses will be sold to HomeStreet:
- 42138 Big Bear Boulevard, Big Bear Lake, California
- 17123 Main Street, Hesperia, California
- 57500 29 Palms Highway, Yucca Valley, California
