Join The Discussion

 

Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

read more >

Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

read more >

Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

read more >

Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

read more >

TABC won’t hear Glen Garden case as purchase moves forward

The Texas Alcoholic Beverage Commission has dismissed several protests against a permit for a proposed whiskey distillery at the Glen Garden Country Club.

read more >

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
 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?