Umb Financial's Business Segments

UMB Financial Corporation (together with its consolidated subsidiaries unless the context requires otherwise, the Company) is a diversified financial holding company that is headquartered in Kansas City, Missouri. Together with its subsidiaries, the Company supplies banking services, institutional investment management, asset servicing, and payment solutions to its customers in the United States and around the globe.

The Company was organized as a corporation under Missouri law in 1967 and is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended (the BHCA) and a financial holding company under the Gramm-Leach-Bliley Act of 1999, as amended (the GLBA). The Company currently owns all of the outstanding stock of one national bank and several nonbank subsidiaries.

The Company’s national bank, UMB Bank, National Association (the Bank), has its principal office in Missouri and also has branches in Arizona, Colorado, Illinois, Kansas, Nebraska, Oklahoma, and Texas. The Bank offers a full complement of banking products and other services to commercial, retail, government, and correspondent-bank customers, including a wide range of asset-management, trust, bank-card, and cash-management services.
The Company’s significant nonbank subsidiaries include the following:

Scout Investments, Inc. (Scout) is an institutional asset-management company that is headquartered in Kansas City, Missouri. Scout offers domestic and international equity strategies through its Scout Asset Management Division and fixed income strategies through its Reams Asset Management Division.

UMB Fund Services, Inc. (UMBFS) is located in Milwaukee, Wisconsin, Chadds Ford, Pennsylvania, and Ogden, Utah, and provides fund accounting, transfer agency, and other services to mutual fund and alternative-investment groups.

UMB Financial Corporation is a diversified financial services holding company that offers a comprehensive suite of banking and investment services tailored to meet the diverse needs of various customer segments, including commercial, retail, government, and correspondent banks. Heres an extensive overview of UMB Financial Corporations segments, products, and services:

Banking Services

1. Commercial Banking:
UMB provides a full array of commercial banking services designed to support businesses of all sizes. This includes:

- Traditional Lending: Term loans, lines of credit, and commercial real estate financing.
- Treasury Management: Solutions that help businesses manage cash flow, optimize liquidity, and control payments, including:
- Receivables and payables management
- Electronic payment processing
- Fraud detection and prevention services.

2. Retail Banking:
For individual customers, UMB offers an extensive range of retail banking products:

- Personal Checking and Savings Accounts: Various account options with different features to meet customers saving and spending needs.
- Personal Loans: Including auto loans, home equity lines of credit, and personal loans for various purposes.

3. Government Banking:
UMB serves governmental entities with tailored solutions such as:

- Public Fund Management: Offering tailored products that meet the specific financial needs of local, state, and federal governmental agencies.
- Depository Services: Safe and efficient banking solutions for managing public funds.

4. Correspondent Banking:
UMB provides services to other financial institutions, offering:

- Liquidity Solutions: Access to funding sources and cash management services.
- Specialized Banking Services: Including asset management and deposit services.

Specialty Financial Services

1. Payment Solutions:
UMB offers comprehensive payment processing solutions for both consumers and businesses:

- Credit and Debit Card Services: Issuing and processing services for individual and commercial credit and debit cards.
- Prepaid Debit Cards: Solutions designed for different clientele including businesses and government entities.
- Healthcare Services: Management of health-related accounts such as:
- Health Savings Accounts (HSAs)
- Flexible Spending Accounts (FSAs), tailored for healthcare providers, third-party administrators, and large employers.

2. Wealth Management:
UMBs wealth management services cater to individual investors, families, and institutions, offering:

- Investment Management: Portfolio management and investment advisory services.
- Trust and Estate Services: Helping clients plan and manage their wealth across generations.

3. Investment Banking:
UMB provides investment banking services that include:

- Merger and Acquisition Advisory: Guidance for companies seeking to merge with or acquire other businesses.
- Capital Raising Solutions: Assisting businesses in securing financing through debt and equity offerings.

Institutional Investment Management

This division offers:

- Investment Strategies: Equity and fixed-income investment strategies tailored for intermediary and institutional markets.
- Products: Includes mutual funds, traditional separate accounts, and sub-advisory relationships.

Asset Servicing

UMB provides a full suite of services designed to serve the asset management industry, which includes:

- Fund Administration: Overseeing the operational aspects of various investment funds.
- Transfer Agency Services: Managing the movement of investment shares and providing shareholder services.
- Custody Services: Safekeeping and administration of securities for institutional investors.
- Alternative Investment Services: Tailored solutions for hedge funds, private equity, and other alternative asset classes.
- Managed Account Services: Custom portfolio management for institutional and high-net-worth clients.

Capital Markets

UMBs capital markets services provide sophisticated financing alternatives:

- Debt and Equity Financing Solutions: Assisting clients in raising capital through a variety of market instruments.
- Market Making: Providing liquidity in various securities markets to facilitate trading for clients.

Insurance Services

UMB offers a variety of insurance products to individuals and businesses, ensuring broad coverage and risk management solutions.

Conclusion

Through these segments and services, UMB Financial Corporation is positioned to meet the complex financial needs of its diverse customer base while ensuring comprehensive financial solutions across different sectors. Whether it’s through traditional banking, investment management, or specialty financial services, UMB is committed to providing tailored solutions that foster long-term financial health and growth.