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UMTB - Los Angeles, is located in the heart of downtown's financial district. The branch was established in 1981 and has been serving the local business community ever since. Our clientele is extremely diverse and very representative of the LA professional environment. Whether you import textiles, wholesale consumer electronics, manufacture goods, or supply parts to the auto, semiconductor or telecommunications industries, UMTB can provide the financing that maximizes your company's return. UMTB's commercial bankers rely on their experience in asset-based lending to provide you the best mechanism to finance your everyday needs. Also, our client activities are maintained electronically, allowing us to provide efficient and immediate customer service. Originally founded in 1923, UMTB has been controlled by the Wertheim Ofer Group since 1995 when it bought a 26% stake in the Bank. Today the Group holds about 46% of the shares, while the remaining shares are held by the public. In private hands, well-defined, strategic goals enhance UMTB's ability to compete more effectively in the changing business environment. The Bank has introduced a new corporate structure, whereby a market-client focus has replaced the product-oriented organization. Management procedures and operations have been streamlined to improve service and cost-effectiveness for our most prized asset - the customer. The UMTB Group ranks as the fourth largest in Israel, where Tel Aviv is home to UMTB's international headquarters. UMTB maintains 3,500 employees worldwide and operates over 100 branches to service customers throughout Israel, the US, Switzerland, Germany, England, and Mexico. Your business demands the direct attention of a relationship banker. Let UMTB provide the comfort, confidence and flexibility you need to move your operations well into the 21st century.