KANSAS CITY, Missouri, November 15, 2022–(BUSINESS WIRE)–UMB today announced that it has received regulatory approval to offer the services of the Delaware Statutory Trust through its subsidiary UMB Delaware Inc. The services of the Delaware Statutory Trust will be provided through an office recently opened in Wilmington, Delaware, led by industry veteran Kristin Moore, Senior Vice President, President of UMB Delaware Inc., Team Leader.

“The Wilmington office is an important milestone for our growing corporate trust group,” said UMB Executive Vice President Mark Flannagan, “Delaware Statutory Trust’s service offering complements our comprehensive services and further streamlines the client experience across a broad We are also delighted to welcome Kristin, who is one of the most experienced corporate trust professionals in the region.

Moore and the Wilmington-based team will facilitate fiduciary services across a wide range of transactions, including asset-backed securitizations, transportation finance, mortgage-backed securities, structured note programs and project finance. and renewable energies. Moore has over 25 years of corporate trust experience in Delaware.

“At times we are asked about the level of UMB’s commitment to the asset-backed securities corporate trust business, given that some competitors have pulled out,” said Stuart Mitchell, senior vice president and responsible for the development of ABS products. “The new Wilmington office underscores the depth of this commitment. We have grown rapidly and are now poised to offer true one-stop-shop solutions.”

Discover the office and the new services of the UMB on https://more.umb.com/delawaretrust/.

About UMB:

UMB Financial Corporation (Nasdaq: UMBF) is a financial services company headquartered in Kansas City, Missouri. UMB Bank, NA offers commercial banking, which includes comprehensive deposit, lending, and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which include asset servicing, corporate trust solutions, investment banking and healthcare services. UMB operates branches throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas, and serves corporate and institutional clients nationwide. For more information, visit UMB.com, UMB Blog, UMB Facebook and 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.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221115005330/en/

contacts

Kaele Palmer, 202.276.2471
[email protected]

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