UMB Bank Hits Record High Earnings In 2008
Kansas City, MO – With all the lousy financial news lately you might be surprised to hear that some banks are doing pretty well. In fact, amidst a global economic meltdown, one Kansas City institution, UMB, just recorded its most profitable year ever! UMB's earnings jumped up 32% just in the last three months . (you know the three months with all the layoffs and urgent bank bailouts) KCUR's Frank Morris spoke with UMB's chairman and CEO Mariner Kemper.