UMB Bank, National Association is headquartered in Kansas City and is the 2nd largest bank in the state of Missouri. It is also the 77th largest bank in the nation. It was established in 1902 and as of June of 2019, it had grown to 2,827 employees at 105 locations. UMB Bank, National Association has an A health rating.
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My Experience With Umb Bank
They are incredibly kind to me. I first had a biz account, and despite the failure of my startupn, they were always respectful, even kind.
I went back to the same neighborhood branch later, and it was like coming home. Perhaps I am better with people I know, but their service has never been less than courteous.
The neat thing about my checking is having the option to choose no overdraft fees, and how they took in my deposit before it came to any problem. They are always good to work with. Maybe online isn't everything.. but my UMB branch has it all together.
Be Aware Of Limitations!
To setup money market account you must go to local branch, can't do online.
Don't try to setup online banking yourself, have banker do it. VERY easy to get locked out as physical address is used in verification and must be exact. You aren't provided with actual recorded address as banker enters.
Maximum transfer in amount is $10,000 per day AND is not available for 5 business days.
UMB Money Market Savings
I was pleased with my experience at UMB until I had to close my savings account. I opened the account when UMB offered a promotional interest rate guaranteed for 1 year that was very good. At years end they had no other promo rates available and my interest was going to drop significantly. I found another bank offering a good interest rate and decided to move my account. When I closed the account with UMB I found out that they keep whatever interest is accrued if you close your account in between when it is posted each month. They had full use of my money for that time but kept my interest. I have have never had another bank do this to me before.
Dealing With A Phony Business
I accidently ordered a medication by mistake online at Nutrition Hacks.com in early March and have been in dispute with UMB ever since then. I sent five pages of people complaining about Dr. Andrew Rapaso. I have an additional thirty pages of bad review on him. Doctors here in the United States are warning their patients that those medication from overseas are not FDA approved and could be deadly. My bank doesn't care about any of that. They are sending him the $189.95 anyway. He lives Barbasdo in a 12.8 Million house.UMB would rather do business with a phony business who doesn't even send what you request most of the time. UMB bank knew that my social security check doesn't come in until the 4th Wednesday of the month so this has cost my account being over draft plus they will probably charge me so much everyday until my money gets in. They think I am playing around when I told them if it happens I will change banks. I even wrote how I will do it. I've been a customer of this bank since 1997. A word of advice DO NOT TELL THEM WHEN YOU ACCIDENTALLY DO A TRANSACTIONLIKE THIS. THEY DO NOT WANT TO DO BUSINESS WITH HONEST PEOPLE JUST DISHONEST PEOPLE.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 8273 |
| Year Established | 1902 |
| Employees | 2827 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.97% |
| Return on Equity - YTD | 11.05% |
| Annual Interest Income | $427.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $23.80B$20.31B |
| Loans | Q2 2019vs Q2 2018 | $12.80B$11.54B |
| Deposits | Q2 2019vs Q2 2018 | $19.55B$16.65B |
| Equity Capital | Q2 2019vs Q2 2018 | $2.19B$1.83B |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $102.1MM$98.3MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $53.9MM$57.9MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $3.2MM$4.9MM |
Always verify rates and promotions with the bank or credit union. We are not UMB Bank, National Association; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
UMB Bank, National Association Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.70%* | $25k* | - | UMB Premium Savings Account | ||
| OTHER TIERS: 0.25% → Up to $10k | 0.45% → $10k - $25k | |||||
