Bank expansion creates 250 new Tempe jobs - WFXG FOX54 Augusta - Your News One Hour Earlier

Bank expansion creates 250 new Tempe jobs

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CBS 5 CBS 5
TEMPE, AZ (CBS5) -

A commercial bank headquartered in San Francisco is bringing 250 jobs to the Valley.

Union Bank announced Thursday it is opening a new mortgage operations center in Tempe, which will ultimately employ several hundred mortgage professionals. [RELATED: Click here to access the job opportunities]

The new location is part of Union Bank's consumer lending division, which originates and services primarily residential mortgages in California, Oregon and Washington. Union Bank continues to process and service home loans from several locations in California.

The bank has secured a 42,000-square-foot office space located at Papago Spectrum at 1225 W. Washington St.

Job openings include application processors, underwriters, and other operations support and management positions.

Union Bank Executive Vice President Jim Francis made the announcement Thursday afternoon with Gov. Jan Brewer, Tempe Mayor Mark Mitchell, the Arizona Commerce Authority and the Greater Phoenix Economic Council.

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