UMB Bank's expansion into Texas and Arizona puts it in a much different situation than it enjoys in Kansas City where it's one of the top banks in town, but the acquisition of Meridian Bank will substantially boost its presence.
The Dallas/Fort Worth area is similar to the Kansas City area in that both regions are saturated with a large numbers of bank brands. The Kansas City area has 136 individual bank brands, while Dallas/Fort Worth has 168. But the banking business in Dallas/Fort Worth is dominated…
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