Union Bank Foundation
Working Group Session Leader
Carl A. Ballton is President of the Union Bank Foundation. In this position, Ballton is responsible for implementing the charitable contribution policies and initiatives of both the bank and the Foundation.
In 2011, Union Bank contributed more than $11 million as part of its commitment to reinvest at least 6.5 percent of assets back into the community. Grants made by the Union Bank Foundation are focused primarily on community economic development, affordable housing, education, and the environment. In 2012, the Bank and the Union Bank Foundation will continue to direct charitable grants and financial assistance to nonprofit organizations that enhance the quality of life, especially among low- to moderate-income communities, as well as to promote public interest in the areas where the bank conducts its business.
Ballton joined Union Bank in 1979, serving in various middle-market-lending positions and as a regional credit administrator. Prior to joining the bank, Ballton held positions in middle-market corporate lending with Continental Illinois National Bank & Trust Company of Chicago.
Receiving his B.A. from Occidental College, and an M.B.A. from the University of Chicago Graduate School of Business, Ballton is active with numerous civic and community organizations. He serves as a Trustee of Occidental College and on the Board of Directors of the Los Angeles Urban League, Goodwill Industries of Southern California, and the African American Board Leadership Institute. In addition, he serves as Chairman of the Board for Southern California Grantmakers, California Community Foundation’s BLOOM (Building a Lifetime of Options & Opportunities for Men) Advisory Board, and the Southern California Business Development Center.
Ballton is also active on a number of Advisory Boards, including the United Negro College Fund in Los Angeles, the Greater Los Angeles African American Chamber of Commerce, Hispanas Organized for Political Equality, and the Local Initiatives Support Corporation in Los Angeles. He is also a member of the 100 Black Men of Los Angeles.
He has been married for 43 years to Lula Bailey Ballton and they have three adult children.
Carl Ballton | HOPE Global Financial Dignity Summit.