0001181431-14-014080.txt : 20140327 0001181431-14-014080.hdr.sgml : 20140327 20140327100014 ACCESSION NUMBER: 0001181431-14-014080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140327 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140327 DATE AS OF CHANGE: 20140327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UMB FINANCIAL CORP CENTRAL INDEX KEY: 0000101382 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 430903811 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-04887 FILM NUMBER: 14720402 BUSINESS ADDRESS: STREET 1: 1010 GRAND AVE CITY: KANSAS CITY STATE: MO ZIP: 64106 BUSINESS PHONE: 8168607000 MAIL ADDRESS: STREET 1: 1010 GRAND AVE CITY: KANSAS CITY STATE: MO ZIP: 64106 FORMER COMPANY: FORMER CONFORMED NAME: UNITED MISSOURI BANCSHARES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MISSOURI BANCSHARES INC DATE OF NAME CHANGE: 19710915 8-K 1 rrd406351.htm Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  03/27/2014
 
UMB FINANCIAL CORP
(Exact name of registrant as specified in its charter)
 
Commission File Number:  0-4887
 
MO
  
43-0903811
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
1010 Grand Blvd, Kansas City, MO 64106
(Address of principal executive offices, including zip code)
 
(816) 860-7000
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
Item 7.01.    Regulation FD Disclosure
 
On March 27, 2014, UMB Financial Corporation announced that UMB Healthcare Services, a division of UMB Bank, National Association, reported 40 percent growth in the number of Health Savings Accounts and 30 percent growth in Health Savings Account balances as of January 31, 2014. A copy of the press release is attached as Exhibit 99.1.
 
 
Item 9.01.    Financial Statements and Exhibits
 
Exhibit 99.1 Press release announcing health savings account growth.
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
           
UMB FINANCIAL CORP
 
 
Date: March 27, 2014
     
By:
 
/s/    Brian J. Walker
               
Brian J. Walker
               
 
 
           
UMB FINANCIAL CORP
 
 
Date: March 27, 2014
     
By:
 
/s/    Brian J. Walker
               
Brian J. Walker
               
Executive Vice President and Chief Financial Officer
 
 

 

EXHIBIT INDEX
 
Exhibit No.
  
Description
EX-99.1
  
HSA Press Release
EX-99 2 rrd406351_40547.htm HSA PRESS RELEASE UMB Financial Corporation

UMB Financial Corporation News Release

1010 Grand Boulevard

Kansas City, MO 64106

816/860-7000

umb.com

 

//FOR IMMEDIATE RELEASE//

Contact: Kristin Kovach, 816.423.6131

UMB Reaches $800 million in Health Savings Account Deposits and Assets


KANSAS CITY, Mo. (March 27, 2014) - UMB Healthcare Services, a division of UMB Financial Corporation (Nasdaq: UMBF), announced today the number of its Health Savings Accounts (HSAs) has grown 40 percent to 449,292 individual accounts, up substantially from the nearly 320,000 following open enrollment last year. Account balances for those accounts grew 30 percent during the previous 12 months, surpassing $800 million dollars as of Jan. 31, 2014.

UMB Healthcare Services also saw an increase in the number of benefit and single use payment cards it provides for Flexible Spending Arrangements (FSAs), Health Reimbursement Arrangements (HRAs), HSAs and healthcare payment cards. At year end, cards numbered more than 4.1 million, up from 3.1 million cards in 2012.

"We have seen tremendous growth and adoption of HSAs since their enactment 10 years ago," said Dennis Triplett, CEO of UMB Healthcare Services. "The health care landscape continues to make these accounts attractive to not only employers, but also employees that look to economize health care spending while maintaining coverage and saving for the future."

According to a February 2014 report from Devenir, HSAs have grown to an estimated $19.3 billion in assets and 10.7 million accounts at year-end 2013 and have grown to well over $20 billion in assets during the month of January.

"As we move forward in 2014, we remain committed to growing as an industry leader for health care payment solutions," said Triplett. "We are actively pursuing all avenues for growth, including opportunistic acquisition of health care payment and HSA businesses and portfolios."


Since the inception of Medical Savings Accounts in the late 1990s, UMB Healthcare Services has been a financial services leader in the health care market place. Today, UMB, is a leading provider of a suite of health care payment solutions, including multi-purpose card technology supporting HSAs, FSAs and HRAs.

Funds in an HSA Base Account are held at UMB Bank, n.a., Member FDIC.