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Article: Union Bank of California to Acquire Monterey Bay Bank.
- Article from:
- Business Wire
- Article date:
- April 8, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--April 8, 2003
UnionBanCal Corporation (NYSE:UB), parent company of Union Bank of California, N.A., jointly announced today with Monterey Bay Bancorp (Nasdaq:MBBC), parent company of Monterey Bay Bank, the signing of a definitive agreement for Monterey Bay Bank to be merged into Union Bank of California in a transaction valued at $96.5 million.
Monterey Bay Bank is a $610 million-asset savings and loan association headquartered in Watsonville, California, with approximately 130 employees and eight full-service branches in the Greater Monterey Bay area. The branch offices are located in Watsonville, ...
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... ... WATSONVILLE, Calif., Sept. 29 /PRNewswire/ -- Monterey Bay Bancorp, Inc. (Nasdaq: MBBC) ("Company ... President and Chief Operating Officer at both Monterey Bay Bancorp, Inc. and Monterey Bay Bank ("Bank"), the Company's subsidiary ...
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