UMB Financial Corporation, founded in 1913 in Kansas City, is a financial services company offering personal and business banking, wealth management and institutional services nationwide.
UMB Financial Corporation is a financial services company founded in 1913 and headquartered in Kansas City, Missouri. Through UMB Bank it provides personal banking, business banking, wealth management and institutional services, combining what it describes as the personalised approach of a community bank with the capabilities of a larger institution. The company has grown from a small community bank in Kansas City to a national presence in the United States.
Its four core lines of business are Personal Banking, which offers consumer services tailored to individual customers' needs and priorities; Business Banking, providing solutions built around tailored, personalised service; Wealth Management, covering advisory and wealth management services; and Institutional Services, which delivers financial services to institutional clients.
UMB states that it was founded on values of integrity, trust and doing what is right, and that it aims to stay small in character as it grows. The company describes a flat organisational structure in which roles are framed as advisors, consultants, problem solvers and community members, alongside a community-focused commitment to helping customers and communities succeed.
Retention is a notable measure at the company: average associate tenure stands at 8.15 years, which UMB notes is nearly double the industry average.
