UMBF UMB Financial Corporation

The Flex HSAs Act, legislation introduced in December 2005 by Chief Deputy Majority Whip Eric Cantor (R-VA), and liberalization of Health Saving Accounts are primary policies currently impacting the future of health care reform. Industry experts are projecting by 2010, 15 million Americans will have a health savings account. Dennis Triplett, president of UMB Healthcare Services, a division of UMB Financial Corporation (NASDAQ:UMBF), provides the following statement in preparation for the Presidential State of the Union address. "2006 will be the year for the health savings account. We are witnessing rapid adoption of the HSA solution as more health insurance providers and businesses begin to understand the tremendous benefits offered from a health savings account and consumer directed health care. The Cantor bill will have a large influence on health care reform by easing current deductible limits and providing opportunity to coordinate with Flexible Savings Account and Health Reimbursement Arrangement solutions." Dennis Triplett President, UMB Healthcare Services UMB Healthcare Services was the first financial partner to provide multi-purpose card technology to the health care industry, and is in the process of a developing Health Card Line of Credit product. Triplett is a charter member of The HSA Council - an organization formed by the American Bankers Association and the American Bankers Insurance Association committed to increasing the distribution of health savings accounts through banks. Since the inception of Medical Savings Accounts in 1996, UMB Healthcare Services has been a leader in the health care marketplace. Today, UMB supports Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs). UMB has the experience, systems backbone, investment options and client base bringing an integrated solution to the health care industry including Humana, Assurant, Motivano, MHM Resources, MSaver among others. 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. UMB was named one of Business Week's "Web Smart 50" companies in 2005.