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UMB Surpasses 1.25 Million in Individual Health Savings Accounts

UMB FINANCIAL (UMBF)  More Company Research Source: Business Wire
Last umb financial earnings: 4/24 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: umbfinancial.com/investor-relations
PDF KANSAS CITY, Mo.--(BUSINESS WIRE)-- UMB Healthcare Services, a division of UMB Bank, n.a., announced today that its individual health savings accounts surpassed 1.25 million as of Jan. 31, 2018, compared to 988,000 accounts as of Jan. 31, 2017. In addition, UMB Healthcare Services reached $2.6 billion in health savings account (HSA) deposits and investments as of Jan. 31, 2018, a 32 percent increase from the $2 billion at Jan. 31, 2017. UMB Healthcare Services benefit cards for Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs) and HSAs numbered more than 6 million as of Jan. 31, 2018. “The growth at UMB Healthcare Services has been significant this year and we are excited to be able to say, yet again, that we have outpaced the industry,” said Begonya Klumb, CEO of UMB Healthcare Services. “We are proud of our innovative financial health care solutions that cont [Read more]

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