Blog   Tagged ‘UMB’

UMB expands into Dallas

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As we continue to grow our business, we have an exciting announcement. We are opening our first official office in Dallas, Texas! Zach Fee, UMB president of the Texas region sat down for a quick Q&A to talk about our plans.

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Why is UMB expanding to Dallas?

UMB has had clients in Texas for more than 30 years. Based on the opportunity for new growth, we felt like now was the right time to establish a permanent home and chose Dallas as our first site. Dallas is a great fit for UMB, because not only is it a top five commercial market that has strong economic activity, but its diverse business environment matches our own diverse offerings. Our new space in the Hall Arts building will put us in the center of the city’s activity and we are excited to be a part of this innovative community.

How long have you been on the ground?

I officially moved to Dallas from Kansas City with my family at the end of last year. We have six full-time associates right now and have plans to add a couple of new team members before the end of the year. We’ve been extremely humbled by the warm welcome we’ve received. The business community has welcomed us with open arms and we look forward to working closely with them.

What are the short- and long-term goals for the Dallas market?

First and foremost our focus is on building our team with local Dallas talent. The market is home to so many talented financial experts, we’ll have no trouble finding outstanding people that fit with our UMB culture. From a business perspective, we are focused on building our middle market commercial base and making an impact in the community through civic and philanthropic engagement.

We have been humbled by the Big Texas welcome we’ve received. Check out what folks are saying.

“Hall Arts lands UMB Bank’s first Texas lease” ‡ (Dallas Business Journal – July 18, 2013)

“UMB Bank Starts Texas Expansion” ‡ (Dallas Business Journal – July 12, 2013)

“UMB Financial Chase of Commercial Business Leads it to Big D” ‡ (SNL Financial – July 11, 2013)

“New Banks Continue to Enter Competitive Dallas-Fort Worth Market” ‡ (Dallas Morning News – July 9, 2013)

“Kansas City Icon Expanding in Dallas” ‡ (D CEO Magazine – July 9, 2013)

“UMB in Missouri Plans Texas Push: Report”  (American Banker – July 9, 2013)

 

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Mr. Fee serves as president of UMB’s Texas region and is responsible for designing and executing a strategy to establish UMB Bank in the Texas market, initially by way of Dallas. He joined UMB in 2002 and has also served as the community bank president of the UMB South Kansas City region. Fee earned Bachelor of Science with a major in Business Administration and Accounting from the University of Kansas in Lawrence, Kan.



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R. Crosby Kemper: Building a legacy through art and agriculture

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R. Crosby Kemper discusses the legacy of art and agriculture at UMB. He talks about his love of art and agriculture and the importance of both in the Kansas City metro and across the country.

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For more of UMB’s history, take a look at “Our Stories” on umb.com.


UMB Financial Corporation (Nasdaq: UMBF) is a diversified financial holding company headquartered in Kansas City, Mo., offering complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, as well as two national specialty-lending businesses. Subsidiaries of the holding company include companies that offer services to mutual funds and alternative-investment entities and registered investment advisors that offer equity and fixed income strategies to institutions and individual investors.



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UMB celebrates 100 years

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Welcome to the new UMB Blog! The UMB leadership team and I plan to use this blog to communicate our ideas and perspectives in an effort to humanize an industry that struggles with a negative reputation (for good reason). We are here to remind the world that there is so much good happening in the private sector. Jobs are being created and capitalism is something to be celebrated, not feared.

As UMB celebrates its 100th anniversary, I reflect on the principles that got us here, and one thing is clear. Doing what’s right is the only option. It’s our responsibility and it is non-negotiable. I believe the values that we have followed over the last century are deeply rooted at UMB. We have had continuity of leadership and as cheesy as it sounds, our entire team is like family.

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The right thing is not always the popular choice. I’ve come to believe that what becomes popular in business is often what is easiest. We should always be suspect of easy paths. I don’t understand why, but some people can get sucked into doing what’s wrong because it’s easy. Or perhaps because it provides instant gratification.

Additionally, I find that far too often businesses hide behind the law. Just because something is “legal” does not make it the right thing to do. A person’s legacy is based on what kind of moral compass they lived by. I am incredibly thankful to have multiple role models that have taught me so many valuable lessons. My dad has passed down his principles to me just like his father did with him, and his father did for him. I’m proud of the legacy they have left at UMB.

I’m not saying we are perfect. We have certainly made mistakes. But our guiding principles remain strong and our commitment to doing what’s right will not waver.

Today, I had the opportunity to open the Nasdaq. The moment represented not only a commemoration of UMB’s success, but a celebration of a free market system and the positive impact banking has in America. It was a moment to pause and appreciate all that UMB has done over the last 100 years and what the individual associates and customers have meant to the company. It was also an opportunity to envision the next 100 years. We have a lot of work to do to repair the public’s trust in our industry and reestablish the benefits the financial industry provide our economy and our society.

Thank you to all of our customers, associates and communities for an amazing 100 years! We look forward to another 100 years of providing our customers with the same high level support, stability and integrity that you’ve come to expect from us. And I look forward to interacting with you all on this blog!

NASDAQ UMB Opening Bell_Kemper, deSilva, Hagedorn

 

Bank deposit products provided by UMB Bank n.a., Member FDIC. Equal Housing Lender


Mr. Kemper is the chairman and chief executive officer of UMB Financial Corporation and UMB Bank, n.a. He joined UMB in 1997. Mr. Kemper is active in both civic and philanthropic endeavors. One of the causes he is most passionate about is the arts. He currently serves as a trustee and executive committee member for the Denver Art Museum and is a past board member for The Arts Council of Metropolitan Kansas City.



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