Economic Update 2019: Showdowns leading to slowdowns
We recently wrapped up our annual Economic Forecast tour that spans across much of our footprint. During the roadshow, we shared our insights about issues impacting the economy and gave a glimpse into what we believe 2019 will bring.
UMB continues corporate trust growth with big move in the Hawkeye State
UMB recently announced an agreement to acquire the corporate trust business of Bankers Trust Company—the dominant player in Iowa’s corporate trust market. We’re excited about what this means for both our business and our customers.
What’s new and what’s next for qualified opportunity zone funds?
In April, the Treasury Department released new regulations impacting qualified opportunity zone (QOZ) funds to address several key issues that have arisen since the funds became available and have ultimately been a deterrent for some investors and businesses.
Preparing for financial curveballs: Family vacation
A summer vacation is a great way to enjoy the long hours of sunlight, warm weather and time with family. But any vacation can easily be upset by an unexpected expense.
Are you running your payables or are they running you?
Efficient payment systems are critical to the success of a business’ operations and they’re continuing to evolve. Brian Hutchin, executive vice president and director of treasury management and commercial card sales at UMB Bank, provides insight into the changing payment landscape and how businesses can maximize new options available to them.
Q&A with Kansas City commercial banking president
John Russ, president of UMB commercial banking in Kansas City, was recently featured in Ingram’s Magazine as a 40 under 40 award winner for his achievements at UMB and his work in the community. Read on to learn more about John, including a few fun facts most people don’t know!
As Colorado’s banking landscape shifts, UMB stays the course
Paul Williamson, president of UMB Bank Colorado, recently talked with the Denver Business Journal about Colorado’s changing banking landscape and what it means for our clients, associates and the local economy. Read more to see how we are staying the course and winning with talent.
Local CEOs get walking for Fit2BeCancerFree
Did you know that one in three people will be diagnosed with cancer in their lifetime? Our own St. Louis president Peter Blumeyer, along with CEOs Against Cancer of St. Louis, teamed up to challenge their colleagues in Fit2BeCancerFree and raise money to find a cure.
Meet the team lead: Bo Scott shares lessons on leadership
Bo Scott joined UMB Bank nearly nine months ago as executive vice president and commercial team lead for Colorado and has already made a tremendous impact on our team and our Veterans Engagement Task Force.
School of Economics at UMB a dream come true
Sue-Ann Johnson, executive director of School of Economics, has dreamed of expanding the organization’s reach to meet the growing need for quality, youth financial education programs in Kansas City. For the past two years Sue-Ann has been working with UMB to develop and launch School of Economics at UMB – the nonprofit’s second location.