UMB Bank provides banking and investment services from Kansas City. This profile covers its leadership, history, offerings, and company culture and benefits.
Office address: 1010 Grand Boulevard, Kansas City, MO 64106
Website: umb.com
Year established: 1913
Company type: banking
Employees: 5,200+
Expertise: commercial banking, personal banking, wealth management, financial planning, asset servicing, corporate trust, investment banking, healthcare services, treasury management, fund services
Parent company: UMB Financial Corporation
Key people: Jim Rine (CEO), Liz Lewis (president), Tom Terry and Uma Wilson (EVPs), Cornelius Stephens (VP), George Fischer (COO), John Felton (chief technology officer)
Financing status: corporation
UMB Bank is based in Kansas City and offers personal, business, and institutional banking across several states. It provides services like wealth management, investment solutions, and corporate trust, serving a wide range of clients. The bank reported $689 million in revenue for the second quarter of 2025 and manages $71 billion in assets.
The story of UMB Bank begins with a small group of Kansas City business owners who wanted to serve their community’s financial needs. Some of these founders included:
City Center Bank, the bank's original name, received its charter in 1913. In 1918, W.T. Kemper, a prominent local banker, saw potential in the struggling City Center Bank and bought controlling stock, setting the stage for a new era.
By 1919, the bank’s leaders decided a new name and location would help them connect with more customers. The board renamed it City Bank of Kansas City and moved to a busy corner at 18th and Grand. In the 1920s, the bank expanded its services, including a move into the auto industry and the addition of trust services.
The bank continued as City National Bank & Trust as it grew. In 1961, it was the first in Kansas City to use electronic data processing. In 1971, the holding company changed its name to United Missouri Bancshares, Inc. The bank also:
UMB Bank earned recognition for strength and innovation through the 1990s and beyond. In 1993, Weiss Research, Inc. named it “America’s Strongest Bank.”
The bank was an early provider of online banking in 1995 and opened a new technology center in 1999. Mariner Kemper was also appointed as UMB Financial Corporation’s leader in 2004, guiding growth that included the Marquette Financial Companies acquisition in 2015.
The company also supported clients during the COVID-19 pandemic. Two years later, it announced an agreement to acquire Heartland Financial. This moved UMB into the top 5 percent of US publicly traded banks.
UMB Bank offers a full suite of investment products for individuals, businesses, and institutions, with each group receiving tailored solutions:
UMB Bank’s team states that they deliver holistic advice and solutions designed for each client’s needs. Its stable balance sheet and high liquidity also provide added security for clients in all market cycles.
UMB Bank states that its culture is shaped by passion, care, and dedication among employees. The company says that these qualities have helped it succeed for more than a century.
UMB lists several core values as central to its workplace culture:
To support this culture, UMB Bank also says that their staff benefits are designed to support wellness, family, and work-life balance:
UMB reports that diversity and inclusion help energize its culture and improve problem solving for customers. The company supports business resource groups like Pride, SOMOS, and Veterans Engagement Taskforce. It also hosts UMB Together events to build understanding.
James Rine is president and CEO of UMB Bank and also leads UMB Financial Corporation as president. Before this, Rine served as president of commercial banking and led the Kansas City region. He has a finance degree from Missouri State University and serves on several Kansas City boards.
The leadership team at UMB Bank brings a mix of experience and specialized skills to their roles:
UMB Bank’s flat structure helps leaders respond quickly to customer needs. This approach allows for more efficiency and stronger client connections.
In a major industry development in 2025, UMB Bank contributed to Dynasty Financial Partners’ recent $125 million credit facility. Dynasty is an RIA services provider, and this funding supports large RIA transitions like OpenArc’s move from Merrill Lynch.
By providing this capital, UMB Bank helps Dynasty offer more lending options and flexibility to independent advisors and their clients. This activity positions UMB as a key partner for future RIA growth and complex financial transactions.
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The minority capital raise – also featuring Schwab, BlackRock, JPMorgan, and other existing investors – will fuel AI tech, talent development, and other growth efforts for the RIA platform.
"Any advisor who might still be in some form of captivity or feeling trapped and looking to get liberated if you will, can look at this and say if they can do it, then I can do it," Shirl Penney told InvestmentNews amid the $129 billion OpenArc team's breakaway from Merrill Lynch and ensuing legal fight.
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