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UMB Financial Corporation Hires Director of Fixed Income Strategies

January 17, 2008

UMB Financial Corporation Hires Director of Fixed Income Strategies

Bruce Fernandez Brings More Than 25 Years of Experience to UMB

Kansas City, Mo. (Jan. 16, 2008)

UMB Financial Corporation (NASDAQ: UMBF), is pleased to announce that Bruce Fernandez has joined the company as director of fixed income strategies and senior vice president within its Asset Management division. Fernandez will be responsible for supervising the active Fixed Income group, managing portfolios and relationships within the group and assisting in growing UMB's market presence. Fernandez will report to William Greiner, UMB's chief investment officer.

"Bruce brings an incredible amount of experience and an impressive track record to UMB," Greiner said. "This addition to the investment management team will aid us greatly in driving our fixed income strategies, and is demonstrative of our commitment to this client base."

Fernandez comes to UMB with more than 25 years of asset management experience. He most recently served as chief financial officer and vice president at A.G. Edwards Trust Company, FSB. Fernandez holds a Bachelor of Science degree in business administration and a Masters of Business Administration from Washington University. He has been a CFA charterholder since 1985.

About UMB

UMB Financial Corporation (NASDAQ: UMBF) is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking, asset management, health spending solutions and related financial services to both individual and business customers nationwide. Its banking subsidiaries own and operate 135 banking centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, Wis., single-purpose companies that deal with brokerage services and insurance, and registered investment advisors for proprietary mutual funds.