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UMB expands operations in two cities

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UMB Bank hired small business and commercial banking teams in Minneapolis and Salt Lake City, moving it closer to opening its first branches there. UMB Bank already had a presence in both cities. It has a corporate trust office for its aviation business in Salt Lake City. It has an asset-based lending and factoring business in Minneapolis. The new small business and commercial lending teams will share the existing offices in those cities. “If we have the success we expect to have, we’ll open…

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