UMB Financial's Corporate Trust Division Gains 22.49 Percent Market Share

Thomson Reuters' annual rankings indicate unique growth for UMB

KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Corporate Trust & Escrow Services, a division of UMB Financial Corporation (NASDAQ: UMBF), experienced a noteworthy increase in market share and number of municipal bond trustee and agency appointments nationally in 2010, according to an annual rankings report issued by Thomson Reuters. UMB was the only top-five ranked provider to experience growth in overall market share in 2010.

“These rankings confirm another remarkable year of growth for UMB in the corporate trust industry and validates our customer-focused, regional bank-based business approach”

According to the report, UMB, which solidly occupies the fourth-place ranking for municipal trustees nationally in terms of transactions, realized an increase of 22.49 percent in market share in terms of total trustee and agency transactions from 2009 to 2010. This increase was also the largest by any single provider mentioned in the report and represents significant growth within the U.S. market.

UMB attributes the positive momentum to an in-demand, regional bank-based service model that has evolved over the past 18 months to include increased dedicated administrators, several key market acquisitions and expanded resources to meet heightened needs.

“These rankings confirm another remarkable year of growth for UMB in the corporate trust industry and validates our customer-focused, regional bank-based business approach," said Todd Duncan, executive vice president of UMB Corporate Trust & Escrow Services. “People want to do business with someone they can count on and trust. Now more than ever, we fit the bill."

For more than 60 years, UMB Corporate Trust & Escrow Services has been a leading provider of escrow agent services as well as trustee and agency services for taxable and tax-exempt debt (both publicly sold and privately placed) in the municipal and corporate marketplace. UMB services more than 6,600 escrow and debt transactions and has more than $48 billion in assets under administration with offices located in Missouri, Colorado, Indiana, Kansas, Oklahoma and Minnesota.

UMB seeks to differentiate itself in the marketplace by employing a staff of Certified Corporate Trust Specialists and utilizing technology such as the free TrustDirect(TM) web-based system, which allows online access to account information. Additional information about UMB Corporate Trust & Escrow Services and its full line of products can be found at umb.com/corporatetrust.

About UMB:

UMB Financial Corporation (NASDAQ: UMBF) is a financial services holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to commercial, institutional and personal customers nationwide. Its banking subsidiaries own and operate 128 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company's proprietary mutual funds and investment advisory accounts for institutional customers. For more information, visit umb.com or follow us on Twitter at @UMBFinancial.