LOS ANGELES—Union Bank on Wednesday announced that Shahe Mazbanian has joined the company as a business development officer for the Business Banking group’s Small Business Administration (SBA) lending team. Mazbanian is responsible for providing lending solutions to small business owners through SBA and other government loan programs, and for identifying and developing new client relationships primarily for the Los Angeles region. Based in Los Angeles and Glendale, he reports to Managing Director Kirsten “Didi” Hakes, who heads the bank’s SBA lending team.
“We are excited to have Shahe join our growing SBA lending team,” said Hakes. “His financial industry experience and strong SBA lending background will be an asset in enhancing existing client relationships and building new ones with business owners throughout the Greater Los Angeles region.”
Prior to joining Union Bank, Mazbanian was a business development officer at City National Bank, where he focused on centers of influence and new business acquisitions. He also worked at Bank of America as an SBA and credit solutions specialist focused on SBA 504 and 7A loan origination.
Active in the community, Mazbanian is a member of the Armenian Chamber of Commerce and also works with the Los Angeles and Hispanic Chambers of Commerce.
Union Bank’s Business Banking group serves businesses with up to $15 million in annual revenues and offers a variety of products and services for business owners, including deposit solutions, loans, lines of credit, specialized credit programs and online business products.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. The Bank provides 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, 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 $2.4 trillion. MUFG Americas Holdings Corporation, the financial holding company and MUFG Union Bank, N.A., have corporate headquarters in New York City.