|
|
Article: UMB Financial's Corporate Trust is Top Trustee for Economic Stimulus Bonds in Missouri.
- Article from:
- Business Wire
- Article date:
- October 15, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
KANSAS CITY, Mo. -- UMB Corporate Trust & Escrow Services, a division of UMB Financial Corporation (NASDAQ: UMBF), leads the Missouri and Midwestern markets as one of the first agents to be selected for all three bond types created by The American Recovery and Reinvestment Act of 2009: Build America Bonds, Qualified School Construction Bonds, and Recovery Zone Economic Development Bonds.
UMB also tops the list as agent of choice, managing the largest volume of these bond types in Missouri with 20 Qualified School Construction Bonds, ten Build America Bonds, and one Recovery Zone Economic Development Bonds issued to date. UMB is uniquely specialized and serves as ...