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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Crestwood area hoping to block planned office building

Residents of West Fort Worth’s Crestwood Association are trying to block the rezoning of a small apartment complex at White Settlement Road and North Bailey Avenue to make way for a planned office building, saying it would represent the start of commercial encroachment into their neighborhood.

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Tiger Woods takes a swing at Fort Worth's Dan Jenkins - in print anyway

Rarely does Golf Digest make the news. Leave it to Dan Jenkins to change that.

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Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Kansas City-based bank opens Fort Worth location

Kansas City, Mo.-based UMB Bank, a subsidiary of UMB Financial Corp., has entered the Fort Worth market, marking its second office in Texas.
The bank began an expansion to the Lone Star State in January 2013 with its first location in Dallas.
UMB currently operates banking centers in eight states and specializes in commercial banking, private wealth management and personal banking.
The 101-year-old company has opened a temporary office downtown in Sundance Square’s Wells Fargo Tower with four employees. The goal is to open a permanent, high-profile location in the central business district within the next six to 12 months, according to Craig Anderson, president of commercial banking. The bank also will hire several more employees within the next year.


“This is an exciting time for UMB in Texas as we continue to expand our presence across the region,” said Zach Fee, president of UMB’s Texas region. “UMB has had clients in Texas for more than 30 years. Texas continues to be an attractive market for UMB – we’re just at the infancy of what we want to do in Texas – and Fort Worth is a great fit for us based on its growing economy. We’re a growth company, which is exciting to say. We want to illustrate our commitment by bringing our customer-focused approach to clients in the Fort Worth area.”


Anderson said UMB’s Fort Worth office will continue to focus on commercial banking and private wealth management, with a special emphasis on agribusiness and aviation. UMB Bank recently created an aviation division.
“Texas offers a big opportunity for us in aviation, especially here in Fort Worth,” Anderson said.
Jonathan Musmecci will serve as market president in Fort Worth. He comes to UMB with more than 14 years of experience in banking. Musmecci most recently was market president for Southwest Securities, FSB in Arlington.
Steven White, also previously with Southwest Securities as a vice president, joins UMB as vice president, commercial banking. He has 15 years of experience in commercial lending. Shawn Harbour will serve as vice president, commercial banking. A 15-year veteran of the banking industry, Harbour previously served JP Morgan Chase as vice president, senior relationship manager.
UMB Financial Corp. trades on the Nasdaq under the symbol UMBF.

Betty Dillard
bdillard@bizpress.net
 

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