UMB Bank

UMB Bank hires new corporate trust team in Phoenix

UMB Bank, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), added a new Corporate Trust team in Phoenix.

Brenda Black joins UMB as senior vice president, along with Carla Wallace as vice president.

“We are excited to have Brenda and Carla spearhead the Corporate Trust team in Phoenix,” said Austin Braithwait, executive vice president, managing director Corporate Trust at UMB Bank. “These two will bring great industry insight and knowledge to the team with their vast range of experience.”

Black has more than 30 years of experience in the banking and financial services industry. In her role, Black will manage and develop the team while providing day-to-day administration for corporate and municipal debt financings, corporate escrow accounts, and 1031 exchanges. She will also concentrate on marketing UMB’s Corporate Trust services to the Arizona market.

Wallace has more than 12 years of experience in the banking and financial services industry. In her role, Wallace will manage a portfolio of multi-family housing issues and revenue bond financings with a specialty in charter school bond financings.

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