UMBF UMB Financial Corporation

UMB Bank Arizona, n.a., a chartered bank of UMB Financial Corporation (NASDAQ: UMBF), today opened its first-ever banking facility in the Phoenix metropolitan area. Conveniently located in central Phoenix, this UMB Bank is within the Anchor Centre complex at 2231 East Camelback Road, Suite 211. UMB opened a loan production office in Phoenix in April 2004. After acquiring operating-business clients and achieving growth objectives, UMB successfully received charter status and has transitioned that office into a full-service banking center. UMB has a dedicated staff to provide direct sales and service primarily focused on commercial loans, checking and deposit products, treasury management and wealth management including personal trust and fiduciary services. A distinguishing feature of the bank is the deployment of the latest, back-office imaging technology to handle digital check delivery. The movement for banks to digital check imaging is the result of Check 21 legislation initiated in October 2004. "This is the initial step for UMB to operate a banking center with the full capability to handle remote image capture of customer deposits," said Doug Briggs, UMB Bank Arizona chairman and chief executive officer. "Basically, that means deposited checks will be processed as images through the Federal Reserve and onto the originating bank. This is a notable convenience for customers as it streamlines deposits for their business." Senior officers for the banking center reporting to Briggs are President and Chief Lending Officer Mark Peterson, and coordinating operations is Financial Center Manager Julie Wellins. 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 140 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and 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.