UMB Financial announces an agreement to acquire the KC Metro branch
KANSAS CITY, Missouri (Oct 12, 2021) – UMB Bank, na, subsidiary of UMB Financial Company (Nasdaq: UMBF), is pleased to announce the signing of a definitive agreement for the acquisition of a branch of ANB Bank located at 15301 W. 87e Street Parkway, Lenexa, Kan.
“With this announcement, UMB demonstrates our continued commitment to serving and developing our customers in the greater Kansas City area,” said Jim Rine, President and CEO of UMB Bank. “This acquisition aligns with our core areas of growth and complements our existing branch network, providing another convenient option for consumers and business customers of the KC Metro.
The focus on providing an efficient and service-oriented experience to existing customers is a key priority.
“The ANB Bank team has been honored to serve our Kansas City area communities and clients for nearly 30 years, and we are thrilled with the opportunity to align with UMB,” said Brian Roby, President from the community bank of the Lenexa branch of ANB. “This transition will provide our customers with more in-branch banking options, and we know that UMB’s exceptional service will reach the level our customers deserve and expect from ANB Bank.”
The transaction is subject to regulatory approval and is expected to close in the first quarter of 2022.
UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB offers commercial banking services, which include full deposit, loan and investment services, personal banking services, which include wealth management and financial planning services, and institutional banking, which include services assets, corporate trust solutions, investment banking and healthcare. UMB operates branches in Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, and serves commercial and institutional clients nationwide. For more information visit UMB.com, UMB Blog, UMB Facebook and UMB LinkedIn, or follow us on Twitter at @UMBBank. For more information on UMB’s operations, approach and relief measures during the COVID-19 pandemic, please visit umb.com/COVID-19.
About ANB Bank
Across ANB Bank (ANB) territory, the bank has more than 30 banking centers serving customers in Colorado, Wyoming, and the Kansas City metro area. Its parent company is the Sturm Financial Group, Inc., headquartered in Denver, Colorado. ANB Bank has financial strength embodied in $ 3 billion in assets, ranks among the top 8% of the nation’s largest banks by size, and is a true community bank with an unwavering commitment to excellence. The bank helps each of its communities thrive through investment, sponsorship, philanthropy and employee volunteerism. It is ANB’s passion for banking that makes the difference. For more information visit anbbank.com.
UMB Financial Company published this content on 12 October 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on October 12, 2021 08:31:03 PM UTC.