The significant growth of UMB Healthcare Services continues, making it an increasingly important business for its parent company UMB Financial Corp. (Nasdaq: UMBF)
UMB Healthcare Services surpassed 1.25 million health savings accounts on Jan. 31, up 26.5 percent from 988,000 at the same time a year ago. Deposits reached $2.6 billion, up 32 percent from $2 billion the previous year.
"The growth at UMB Healthcare Services has been significant this year and we are excited to be able to say, yet again,…