Union Bank of California Launches New Imaging Feature for Online Banking Customers; Customers Can View Their Cancelled Checks and Deposit Slips Online

Business Wire, July 1, 2002

Business Editors

A cancelled check is frequently the only way consumers can solve payment disputes or accurately reconcile their checking accounts and it is often several days before this crucial information can be ordered from the bank and received in the mail.

Now, however, Union Bank of California, N.A. has launched a new feature that allows consumers who use Bank@Home on the Web to see images of their cancelled checks and deposit slips online and bring together their full financial picture to one safe, secure and easy-to-use site.

"Union Bank of California has created a compelling added value that will bring a whole new level of convenience and personalization to retail clients using the site," said Tedd Poston, vice president with the bank's e business group. "Access to check images along with the additional online account information and relevant tools, will provide our online banking customers with more ways to better manage their money and simplify their lives."

Customers may view both front and back images of cancelled checks and deposit slips online free of charge up to six weeks. Cancelled checks and deposit slips can be viewed online by clicking on the dollar amount of each check or deposit slip as it appears on Bank@Home's account summary page.

Bank@Home on the Web check and deposit slip imaging is the most recent addition to Union Bank of California's list of innovative programs for its online banking clients.

Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $36.2 billion at March 31, 2002. Its primary subsidiary is Union Bank of California, N.A., the third largest commercial bank in California. Union Bank of California, N.A., has 244 banking offices in California, 6 banking offices in Oregon and Washington and 15 international facilities.