UMB ranked number 20 in ABA top farm lender list
When UMB opened its doors in 1913, Kansas City was at the heart of agriculture productivity in the Midwest. Many of our original loans and relationships were with farmers and ranchers. During the past 100 years, that deep connection with the land and those who work it has only grown. A testimonial to that growth recently came in the form of UMB being recognized in the top 20 of the American Bankers Association top farm lender list in the U.S.‡
This ranking is a significant milestone for our Agribusiness Division as we have moved up 29 spots on the list from No. 49 in 2012 to No. 20 on the American Bankers Association top farm lender list. During that time, our farm loan balances have grown from $281.1 million at year-end 2012 to $708.9 million at March 31, 2017.
“To move up the list this much over the last four years is a remarkable testament to our clients’ success and our relationship-based approach to helping them with their financial needs,” said Bill Watson, president of UMB Bank’s Agribusiness Division. “UMB has always been in the agriculture lending business, given that our footprint contains some of the most concentrated areas of ag resources in the U.S., but in late 2012 we invested more resources into our agricultural division and the results speak for themselves.”
Learn more about what ag means to UMB and see some of our clients in action.
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