UMB Bank Archives

How to stay cool as the stock market heats up

Investing advice

The stock market continues to heat up and hit new highs. Here are a few ways to stay cool and not sweat the pressure of the markets. Avoid the political distraction It seems like we see a daily tweet from the political arena that makes us scratch our heads and wonder what it could mean… Read More →

Scottsdale Active 20-30 Club events raise $900K for charities

Scottsdale Active 20-30 Club’s founding single objective is to support children’s charities. The organization does this through fundraising events. The non-profit’s donations poured in at close to $900,000 over their two most recent events—NiteFlite in October of last year and Brokers for Kids/Agents Benefitting Children this past April. Some of the local charities that benefitted… Read More →

People on the move at Santy, UMB Bank, CBC Advisors

Santy, a change-driven agency based in Scottsdale, has added four full-time employees and promoted three existing staffers as it continues to add to its diverse client base and invest in future growth. “We recruit and retain talented creative professionals who can help our clients navigate the constant change in our industry, and our most recent… Read More →

UMB Bank hires Steve Fenton as Arizona’s SVP of CRE

by in AZRE Magazine | Finance & RE Law

UMB Bank, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announces it has hired Steve Fenton as senior vice president, commercial real estate in Arizona. In his role, he is responsible for new business development and managing a commercial real estate loan portfolio. Fenton has more than 30 years of experience in the banking and… Read More →

Agriculture climate is tough, but different from 1980s crisis

If history repeats itself, we might ask, “Are we witnessing a farm decline similar to what we saw in the 1980s?” The short answer to that question is no. The current agriculture climate is a challenge, but comparing it to the 1980’s farm crisis would be a mistake. Let’s take a walk back through history… Read More →

Reality TV vs. reality—America is watching President Trump

Reality TV has become very popular. Apparently we enjoy watching people be voted off the island, search for love and get fired on national television. Included in this group is President Trump, who was the host of “The Apprentice” for a number of years. However, since the January inauguration, President Trump is now faced with… Read More →

Trumponomics vs. Reaganomics: No repeating and no rhyming

by in Blogs

Mark Twain said, “History doesn’t repeat itself, but it often rhymes.” Will this be the case for our new administration? President Trump has outlined his pro-growth initiatives to stimulate the economy, and he has clearly taken a page out of former President Ronald Reagan’s play book. Reagan’s campaign focused on fiscal stimulus, lower taxes, less… Read More →

UMB Bank hires new corporate trust team in Phoenix

UMB Bank

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… Read More →

Three tips for agriculture producers to push through 2017

by in AZ Business Magazine

For those of us in the agriculture business, it’s no secret that 2015 and 2016 were challenging years. Maybe some of the most challenging we’ve seen in quite some time. And truth be told, 2017 is looking like it will follow suit. In an industry known for its optimism, you would be hard-pressed to find… Read More →

UMB Bank adds Lana Harris as vice president

Sustainable Banks, Green Banking

UMB Bank, a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announces it has hired Lana Harris as vice president of commercial business development. In her role, she is responsible for leading business development activities while supporting clients and associates. Harris has more than six years of business development experience in the construction industry. Prior to joining UMB,… Read More →

2016 Most Admired Company: UMB Bank

UMB Bank

UMB Bank Most Admired Company: 2015, 2016 Top Arizona executive: Jim Patterson, CEO of UMB Bank Arizona What it does: Provides a comprehensive suite of banking products and services. Admirable quality: Patterson has been CEO of UMB in Arizona since 2009. During that time, he has helped the region become one of the largest in… Read More →

Scottsdale Active 20-30 Club raises more than $425K for nonprofits

Brokers for Kids

Children’s charity supporter, Scottsdale Active 20-30 Club raised more than $425,000 through its fundraising and events last year. The money raised was divided between many local charities, including Boys Hope Girls Hope of Arizona, Care Fund, Playworks, Sharing Down Syndrome Arizona and the Boys and Girls Clubs of Greater Scottsdale. “It’s exciting to be part of an organization… Read More →

UMB Bank expands team in Phoenix

UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), has announced several promotions and new hires to its team in Phoenix. Frank Gorman and John Damiris have been promoted to commercial banking team leads, and Kevin Herbst was promoted to business banking team lead. Joseph Ponce has been hired as a private banking client… Read More →

Interest rates create uncertainty in CRE financing

Construction Projects, AZRE Magazine March/April 2011

Looking at the commercial real estate financing industry is like looking at statistics: There can be several different interpretations. If you look at the numbers from 2015, commercial and multifamily mortgage bankers closed $503.8 billion in loans, according to a report from the Mortgage Bankers Association (MBA). Those numbers were 26 percent higher than 2014.… Read More →