UMB Financial institution operates beneath the umbrella of UMB Monetary Company, a publicly traded monetary holding firm. This construction permits UMB Financial institution to supply a variety of monetary providers whereas benefiting from the steadiness and sources of a bigger company entity. A sensible illustration of this relationship is the flexibility of UMB Monetary Company to put money into new applied sciences and providers that profit UMB Financial institution and its clients.
Understanding this company construction is essential for a number of causes. It gives context for the financial institution’s monetary power and stability, influences its strategic path, and impacts the vary of services supplied. The historical past of UMB demonstrates a dedication to native communities and long-term progress, stemming from its origins as a family-owned enterprise over a century in the past. This basis has contributed to its present place as a outstanding regional monetary establishment.
