[3] UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System.

After the initial public offering the bank's shares were listed at the Philippine Stock Exchange (PSE) on June 29, 1992.

[15][16] On July 12, 2022, the Bangko Sentral ng Pilipinas granted UnionDigital the Certificate of Authority to Operate.

[19][20] UnionBank is one of the first financial institutions in the Philippines to adopt cryptocurrency, and was the first local lender to release its own stablecoin in 2019, named PHX, which gives rural banks easier access to remittance and payments.

[21] In January 2022, there were reports confirming that UnionBank plans to launch crypto trading and custodial services.