Financial services holding company offering banking, asset management, and institutional investment services through its subsidiaries.
UMB Financial Corporation serves as a prominent bank holding company, overseeing UMB Bank's diverse array of financial services across the United States. Established in 1913 and headquartered in Kansas City, Missouri, UMB Financial operates through three primary segments, each catering to distinct customer needs and market sectors.
The Commercial Banking segment provides a comprehensive suite of services tailored to businesses of all sizes. This includes commercial loans, credit cards, and commercial real estate financing. UMB Financial Corporation also offers specialized business solutions such as asset-based lending, accounts receivable financing, and mezzanine debt, along with minority equity investments. The segment further supports businesses with treasury management services, encompassing various cash management tools, electronic fund transfers, automated payments, and remote deposit capture services.
Institutional Banking forms another critical segment, focusing on asset management and healthcare services for institutional clients. This includes fund administration, investor services, custody services, and alternative investment solutions. UMB Financial Corporation also provides comprehensive healthcare paiyment solutions, managing health savings accounts and offering multipurpose debit cards to insurance carriers, employers, and financial institutions.
The Personal Banking segment rounds out UMB Financial's offerings with retail-oriented financial products and services. These include deposit accounts, retail credit cards, private banking services, installment loans, home equity lines of credit, and residential mortgages. The segment also provides internet banking, ATM network access, private banking, brokerage services, insurance services, and advisory and trust services, ensuring a holistic approach to personal financial management.
With a robust network of branches and offices spanning multiple states including Missouri, Kansas, Colorado, Illinois, and beyond, UMB Financial Corporation remains committed to delivering comprehensive financial solutions and fostering long-term relationships with its diverse client base.