UMB Bank (Nasdaq:UMBF) and its ATM operations management partner, eFunds Corporation (NYSE:EFD), have activated ATMs in 60 Walgreens stores in Oklahoma, including 28 stores in the Oklahoma City metropolitan area and 23 in the Tulsa metro. ATMs are also active in Walgreens stores in Enid, Ponca City, Stillwater, Miami, Bartlesville, Lawton, Ardmore, Duncan and Weatherford. "This agreement strengthens our position in Oklahoma and is a sign of a commitment to extend the reach and presence of UMB," said Royce Hammons, chairman, president and CEO of UMB Bank Oklahoma. "We have essentially given customers 60 new locations to handle their banking needs and we believe they will be pleased with the added convenience." The entire contract agreement between UMB and Walgreens involves ATM installations in 307 stores in Missouri, Illinois, Kansas, Oklahoma and Colorado. The expansion represents a 62.5 percent increase in ATM locations for UMB in the central United States. UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking and related financial services to both individual and business customers. Its banking subsidiaries own and operate 139 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma and Nebraska in addition to a loan production office in Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, Wisconsin, a trust management company in South Dakota, and single-purpose companies that deal with brokerage services, consulting services and insurance. Walgreen Co. is the nation's largest drugstore chain with fiscal 2004 sales of $37.5 billion. The company operates 4,738 stores in 45 states and Puerto Rico, and plans to open about 450 new stores nationwide in fiscal 2005. Walgreens also provides additional services to pharmacy patients and prescription drug plans through Walgreens Health Initiatives (a pharmacy benefits manager), Walgreens Mail Service, Walgreens Specialty Pharmacy and Walgreens Home Care.
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