UMB Elects to Discontinue Use of Moody’s Rating Services

UMB Financial Corporation (NASDAQ: UMBF) announced today that the company has elected to discontinue use of Moody's Investors Service for rating both UMBFC and UMB Bank, n.a.

The company will continue to utilize the services of two industry credit rating agencies Fitch Ratings and Standard & Poor’s to provide independent monitoring and rating of its financial strength. UMB does not have any public debt outstanding and considers two ratings sufficient for its business needs.

About UMB:

UMB Financial Corporation (NASDAQ: UMBF) is a financial services holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to both individual and business customers nationwide. Its banking subsidiaries own and operate 136 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 mutual fund and alternative investment services groups, single-purpose companies that deal with brokerage services and insurance, and a registered investment advisor that manages the company’s proprietary mutual funds and investment advisory accounts for institutional customers. Visit umb.com for more company information.

UMB Financial (NASDAQ:UMBF)
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