Union Bank and Trust Company
BankingMinnesota, United States51-200 Employees
Union Bank & Trust Company is a Minnesota-based, state-chartered, FDIC-insured bank and trust company providing banking and trust services locally and nationally. It is wholly owned and controlled by labor unions, with a twelve-member Board of Directors composed of active and retired labor leaders. The organization serves labor organizations, benefit plans, working families, and the businesses and associations that support them. The Trust Division, established in 1982, serves Taft-Hartley benefit plans - pension, health and welfare, and vacation funds - and acts as trustee for personal accounts. The Trust Department operates nationwide with an emphasis on safety and security for the funds and families relying on it. In early 2024, UBT partnered with Nanonation to revitalize a historic building designed by I.M. Pei in downtown Lincoln, Nebraska.