Profile: UMB Financial Corp (UMBF.O)
27 Feb 2015
UMB Financial Corporation, incorporated on June 13, 1967, is a financial holding company. The Company, along with its subsidiaries, supplies banking services, institutional investment management, asset servicing, and payment solutions to customers in the United States and across the world. The Company’s products and services are grouped into four segments: Bank, Institutional Investment Management, Asset Servicing, and Payment Solutions.
The Bank provides banking services to commercial, retail, government and correspondent bank customers through the Company’s branches, call center, internet banking, and ATM network. The Bank’s services include traditional commercial and consumer banking, treasury management, leasing, foreign exchange, merchant bankcard, wealth management, brokerage, insurance, capital markets, investment banking, corporate trust, and correspondent banking. The Company’s national bank, UMB Bank and National Association, offer banking services to commercial, retail, government, and correspondent-bank customers, including asset-management, trust, bank-card, and cash-management services.
Institutional Investment Management
Institutional Investment Management provides equity and fixed income investment strategies in the intermediary and institutional markets. The services are offered through mutual funds, traditional separate accounts and sub-advisory relationships.
Asset Servicing provides services to the asset management industry, supporting a range of investment products, including mutual funds, alternative investments and managed accounts. The services include fund administration, fund accounting, investor services, transfer agency, distribution, marketing, custody, alternative investment services, managed account services, and collective and multiple-series trust services.
The Company offers Payment Solutions which provides consumer and commercial credit and debit card, prepaid debit card solutions, healthcare services, and institutional cash management. The Healthcare services include health savings account and flexible savings account products for healthcare providers, third-party administrators and employers.
UMB Financial Corp
1010 GRAND AVE
KANSAS CITY MO 64106