UMBF
- UMB Financial Corporation
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Overview
Company Summary
UMB Financial Corporation (UMBF) is a diversified financial holding company that provides a wide range of banking and financial services. Headquartered in Kansas City, Missouri, UMBF operates through its various subsidiaries, including UMB Bank, UMB Fund Services, UMB Healthcare Services, and UMB Insurance.
UMB Bank is the company's principal subsidiary and offers traditional banking services such as personal banking, commercial banking, treasury management, lending, and trust and asset management services. They cater to individuals, small businesses, medium-sized companies, and large corporations, providing customized financial solutions to meet their unique needs.
UMB Fund Services, another significant subsidiary, specializes in providing fund administration, investor services, and distribution solutions to investment managers, including mutual funds, private equity funds, and alternative investment firms. They offer services such as accounting, transfer agency, reporting, compliance, and distribution support.
UMB Healthcare Services focuses on providing healthcare payment solutions for individuals and businesses. They offer health savings accounts (HSAs), health reimbursement arrangements (HRAs), and flexible spending accounts (FSAs) to help individuals manage their healthcare expenses more effectively. Additionally, they provide employer-sponsored benefit cards and transactional services to streamline payments within the healthcare industry.
UMB Insurance, another integral part of the corporation, offers a wide range of insurance products and services, including property and casualty insurance, as well as employee benefits insurance. Their insurance offerings help businesses and individuals mitigate risk and protect their assets.
Overall, UMB Financial Corporation aims to serve as a comprehensive financial partner to its customers, offering a wide array of banking, investment, insurance, and payment solutions. Their goal is to provide clients with exceptional service and tailored financial products to help them achieve their personal and business goals.