UMB Bank deposits are down only 1.8% since the end of 2022, and its percentage of uninsured deposits dropped substantially. The movement came after the troubles of Silicon Valley Bank and Landmark Bank emerged in early March.
UMB sees about $1B in deposits return since the Silicon Valley Bank troubles
UMB Bank deposits are down only 1.8% since the end of 2022, and its percentage of uninsured deposits dropped substantially. The movement came after the troubles of Silicon Valley Bank and Landmark Bank emerged in early March.