UMBF UMB Financial Corporation

In reaction to recent reports on the rising rate environment for 30-year, fixed-rate mortgages, UMB Mortgage Lending President Troy Bender releases the following perspective: "We believe the mortgage rate environment will continue to be somewhat volatile week-to-week, month-to-month. What consumers need to keep in mind is the overall position of current mortgage rates when you look at the past 30 years. And even though the market may witness a steady increase in mortgage rates through the next few years, it is still in a rate structure that is appealing to consumers looking to purchase a home." Troy Bender President UMB Mortgage Lending To reach Troy Bender, please contact Jeremy McNeive at 816-860-5088 or Jeremy.mcneive@umb.com. UMB Financial Corporation (NASDAQ: UMBF) is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking and related financial services to both individual and business customers nationwide. Its banking subsidiaries own and operate 141 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.