Exhibit 24.1

                                POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE PRESENTS, that each of UnionBanCal Corporation and the
several undersigned officers and directors whose signatures appear below, hereby
makes,  constitutes  and appoints David I. Matson,  David A.  Anderson,  John H.
McGuckin,  Jr., and Morris W. Hirsch and each of them acting individually,  its,
his and her true and lawful  attorneys  with power to act  without any other and
with full power of substitution,  to prepare,  execute, deliver and file in its,
his and her name and on its, his and her behalf,  and in each of the undersigned
officer's and director's capacity or capacities as shown below, an Annual Report
on Form 10-K for the year ended December 31, 2004, and all exhibits  thereto and
all  documents  in support  thereof  or  supplemental  thereto,  and any and all
amendments or supplements to the foregoing,  hereby ratifying and confirming all
acts and things which said attorneys or attorney might do or cause to be done by
virtue hereof.

IN WITNESS WHEREOF, UnionBanCal Corporation has caused this power of attorney to
be signed on its behalf, and each of the undersigned officers and directors,  in
the  capacity or  capacities  noted,  has hereunto set his or her hand as of the
date indicated below.

                                          UNIONBANCAL CORPORATION



                             By     /S/ NORIMICH KANARI
                                -------------------------------------------
                                Name:  Norimichi Kanari
                               Title:  President and Chief Executive Officer
                                       and Director

Dated:   March 8, 2005
      ---------------------


               SIGNATURE                                 TITLE
              ---------                                  -----

         /S/ AIDA M. ALVARAZ
---------------------------------------------
             Aida M. Alvarez                            Director


        /S/ DAVID R. ANDREWS
---------------------------------------------
            David R. Andrews                            Director


        /S/ L. DALE CRANDALL
---------------------------------------------
            L. Dale Crandall                            Director


        /S/ RICHARD D. FARMAN
---------------------------------------------
            Richard D. Farman                           Director


        /S/ STANLEY F. FARRAR
---------------------------------------------
            Stanley F. Farrar                           Director





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          /S/ PHILLIP B. FLYNN
---------------------------------------------
              Philip B. Flynn                           Director


       /S/ MICHAEL J. GILLFILLAN
---------------------------------------------
           Michael J. Gillfillan                        Director


        /S/ RICHARD C. HARTNACK
---------------------------------------------
            Richard C. Hartnack                         Director



---------------------------------------------
           Ronald L. Havner, Jr.                        Director


           /S/ MARY S. METZ
---------------------------------------------
               Mary S. Metz                             Director


          /S/ SHIGEMITSU MIKI
---------------------------------------------
              Shigemitsu Miki                           Director


        /S/ TAKAHIRO MORIGUCHI
---------------------------------------------
            Takahiro Moriguchi                          Director


         /S/ TAKASHI MORIMURA
---------------------------------------------
             Takashi Morimura                           Director


        /S/ J. FERNANDO NIEBLA
---------------------------------------------
            J. Fernando Niebla                          Director


          /S/ TETSUO SHIMURA
---------------------------------------------
              Tetsuo Shimura                            Director