UMB Bank operates under the umbrella of UMB Financial Corporation, a publicly traded financial holding company. This structure allows UMB Bank to offer a wide range of financial services while benefiting from the stability and resources of a larger corporate entity. A practical illustration of this relationship is the ability of UMB Financial Corporation to invest in new technologies and services that benefit UMB Bank and its customers.
Understanding this corporate structure is crucial for several reasons. It provides context for the bank’s financial strength and stability, influences its strategic direction, and affects the range of products and services offered. The history of UMB demonstrates a commitment to local communities and long-term growth, stemming from its origins as a family-owned business over a century ago. This foundation has contributed to its current position as a prominent regional financial institution.
