Convert MUFG Union Bank customer accounts
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 19 Oct 2022
- Due
- 30 Jun 2023
- Delivered
- 30 Jun 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Until conversion in the first half of 2023, customers will continue to be served by their respective branches, website and mobile apps.”
What we found
Evidence strength A What the grades mean
SEC filings confirm that the conversion of MUFG Union Bank retail checking accounts occurred, with references to the conversion process being completed by the second quarter of 2023.
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A US Bancorp 10-Q filed 2023-08-07
“The decrease in noninterest-bearing deposits was driven by a product change for certain MUB retail checking accounts at conversion to create a better customer experience” ✓ confirmed on the page
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A US Bancorp 10-Q filed 2023-08-07
“Time deposits increased $19.0 billion (57.7 percent) at June 30, 2023, compared with December 31, 2022” ✓ confirmed on the page
Market reaction: the shares moved -0.3% against the S&P 500 over the three sessions around the disclosure (4 Aug 2023 to 9 Aug 2023). What this measures
Checked 3 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Convert
- Deliverable
- MUFG Union Bank customer account conversion
- Language
- Firm (“will”, “on track to”)
- In the company’s control
- High
- Specificity
- Medium
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2022-USB-004518 · Corrections policy