UMB Bank acquired a $160 million portfolio of preneed, endowed care and custody trust accounts with funeral homes and cemeteries throughout Missouri.
After the acquisition, UMB became one of the largest funeral trust providers in Missouri. It serves as the master trustee for the Kansas Funeral Directors Association and the Missouri Funeral Directors and Embalmers Association.
“This transaction represents our ongoing interest and commitment in growing our funeral trust offerings,” Doug Hare,…
UMB Bank acquired a $160 million portfolio of preneed, endowed care and custody trust accounts with funeral homes and cemeteries throughout Missouri.
After the acquisition, UMB became one of the largest funeral trust providers in Missouri. It serves as the master trustee for the Kansas Funeral Directors Association and the Missouri Funeral Directors and Embalmers Association.
“This transaction represents our ongoing interest and commitment in growing our funeral trust offerings,” Doug Hare,…