Where does success begin and end?
They say it’s lonely at the top, but that’s not how Zach Fee, president of regional banking at UMB Bank, sees it. As the top commercial lender and the leader for market share of deposits in Kansas City, UMB is positioned to keep its growth accelerating, even in a competitive landscape.
I love a good success story – and I love it even more when it’s about our clients or our company. This story is a little bit of both.
UMB started in 1913 as a small storefront bank in the heart of downtown Kansas City. During our first day of business, we had $1,100 in deposits. Not bad for a family-run bank that opened to serve the growing community.
Fast forward 106 years, and UMB is the top commercial lending bank by loan volume in the market with $3.83 billion across 2,934 local commercial loans. And just a few short months before that, the Kansas City Business Journal also named us the No. 1 bank in Kansas City in deposit market share – marking the eighth straight year for this achievement.
While this is a great story of entrepreneurship and a small company making it big, the better story is how we have helped thousands of businesses do the same. By being nimble, flexible and responsive, UMB has created financial solutions for our customers when and where they need it. Today, that includes eight states throughout the Midwest and Southern U.S., as well as through lines of business that reach customers nationally and internationally.
The best part of this story is that it’s not over. In fact, I believe it’s just begun. Our goal at UMB is to continue to grow our presence throughout all areas of the bank and increase our loans and deposits in all locations we serve. The end goal? To be a top bank in regards to commercial market share in all our established markets. From St. Louis to Phoenix to North Texas and back to KC, we have the teams and services in place across our footprint to make this happen.
For more than 100 years, we have been a strong financial steward in the communities we serve and for our customers. There is strength and security that comes with that history, and I’m excited to keep building upon that foundation.
Our success began in 1913, and as far as I’m concerned, it has no end in sight.
Stay informed on industry trends and noteworthy company news by visiting our UMB in the News section on umb.com. Follow UMB on LinkedIn, Facebook‡ and Twitter‡ to see regular updates about our company, people and timely financial perspectives.”
When you click links marked with the “‡” symbol, you will leave UMB’s website and go to websites that are not controlled by or affiliated with UMB. We have provided these links for your convenience. However, we do not endorse or guarantee any products or services you may view on other sites. Other websites may not follow the same privacy policies and security procedures that UMB does, so please review their policies and procedures carefully.