Is UnionBank Philippines a good bank?

Three-time “Best Digital Bank” winner, Union Bank of the Philippines (UnionBank), was recently acclaimed as the Philippines’ Best Bank for SMEs, by Asiamoney. This latest award comes on the heels of UnionBank’s citation as the top 2 ‘Most Helpful Banks in Asia-Pacific during COVID-19”by BankQuality.com.

Is UnionBank a safe bank?

Union Bank deposits are FDIC insured.

If Union Bank went out of business, you wouldn’t have to worry about your funds. FDIC insurance covers each deposit account up to $250,000 per account.

What is the most trusted bank in the Philippines?

Top Banks in the Philippines in 2021

Rank Bank Total Assets
1 BDO UNIBANK INC 3,246,648,692,252.82
2 METROPOLITAN BANK & TCO 2,172,125,183,261.77
3 BANK OF THE PHIL ISLANDS 1,947,787,891,521.16
4 LAND BANK OF THE PHILIPPINES 2,361,932,397,832.90

Is UnionBank owned by China?

MUFG Union Bank (operating as UnionBank) is an American full-service bank with 398 branches in California, Washington and Oregon which is wholly owned by MUFG Bank.

MUFG Union Bank.

The 2008–present logo
Type Subsidiary
Total assets US$148.14 billion (2016)
Number of employees 13,900 (2020)

What is the minimum balance for Union Bank?

Balance Requirements of Union Bank of India Regular Savings Bank Account

Category With Cheque Book Without Cheque Book
Urban Rs.1,000 Rs.500
Semi Urban Rs.500 Rs.250
Rural Rs.250 Rs.100
Pensioners Rs.250 Rs.20
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What is the best bank in the Philippines for savings account?

Best high-interest savings accounts in the Philippines

Account Interest
Citibank e-Savings Account 0.75%
RCBC Dragon Peso Savings 0.5625%
BPI Advance Savings account with Passbook 0.50%
BPI Family Savings Bank Advance Savings Account with Passbook 0.50%

What is the best bank in California?

Best Banks in California 2021

  • Best for Free Checking: BBVA Compass Bank.
  • Best for Low Checking Balances: Tri Counties Bank.
  • Best Branch and ATM Access: Wells Fargo.
  • Best for Savings Accounts: Bank of Hope.
  • Best for Small Businesses: Citizens Business Bank.
  • Finding the Best Bank for You.
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