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Union Bank of California

Union Bank Foundation Donates $25,000 for Scott Bleifer Scholarship Fund

Berly Hills, California
Union Bank Foundation Donates $25,000 for Scott Bleifer Scholarship Fund

Check Presented to President of Velo Club LaGrange and Family of Local Cyclist and Santa Monica Resident Killed on Pacific Coast Highway Last September

A check for $25,000 from the Union Bank of California Foundation was presented to the President of Velo Club LaGrange and the family of Scott Bleifer to establish a scholarship program in honor of the well-known cyclist and former Union Bank employee who was killed last September while training for a bike race on Pacific Coast Highway in Malibu.

Bleifer had been training for the Arthritis Foundation's Amgen California Coast Classic, an eight-day, 500-mile charity ride from San Francisco to Los Angeles that was just 14 days after he was struck by a catering truck. The collision also killed another avid cyclist Stanislav Ionov, 46, of Calabasas. More than 400 local riders gathered for a 40 mile ride last October to honor the memories of these two fallen riders.

"We are pleased to have the opportunity to provide scholarships to deserving students. Scott had a tremendous passion for his work and for cycling and this is something that the Union Bank of California Foundation can do to keep Scott's wonderful spirit alive," said John Stephan, a senior vice president with Union Bank.

"This generous scholarship is a solid example of the community support for Scott and his life, his legacy and his love of cycling and to honor those who continue to demonstrate a commitment to furthering the cause of cyclist and road safety in Southern California, said LaGrange board member Dan Weinberg. "Union Bank has done a truly wonderful thing by supporting future generations of cyclists. In the face of this tragedy, all kinds of people are pulling together to change dangerous road conditions that put cyclists and drivers in harm's way."

Bleifer, 41, was a resident of Santa Monica and an active member of the Velo Club LaGrange. He had worked as a vice president at Union Bank since l992, handling real estate transactions in the special assets division. He was a graduate of Beverly Hills High School and received his undergraduate degree from University of California at San Diego and a master's degree in real estate development from USC.

About Union Bank of California
Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $49.4 billion at December 31, 2005. Its primary subsidiary, Union Bank of California, N.A., had 315 banking offices in California, three in Washington, and one in Oregon at December 31, 2005. The company's Web site is located at

Left to right ; Union Bank Senior Vice President John Stephan; Velo Club LaGrange President Duncan Lemmon; Mother of Scott Bleifer, Mrs. Selvyn Bleifer; Velo Club La Grange member Dan Weinberg; Sister of Scott Bleifer, Karen Bleifer; Father of Scott Bleifer, Dr. Selvyn Bleifer


Union Bank of California
(213) 236-5017

More from Union Bank of California:
AEG and Union Bank of California Announce Amgen Tour of California Sponsorship
MEDIA ADVISORY: Union Bank of California Foundation Donates $25,000 for Establishment of Scott Bleifer Scholarship Fund
Union Bank Foundation Donates $25,000 for Scott Bleifer Scholarship Fund



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