UMB Bank Hits Record High Earnings In 2008

KCUR | By Frank Morris

Published January 27, 2009 at 10:45 AM CST

http://stream.publicbroadcasting.net/production/mp3/kcur/local-kcur-817578.mp3

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.

Economy

Frank Morris

I’ve been at KCUR almost 30 years, working partly for NPR and splitting my time between local and national reporting. I work to bring extra attention to people in the Midwest, my home state of Kansas and of course Kansas City. What I love about this job is having a license to talk to interesting people and then crafting radio stories around their voices. It’s a big responsibility to uphold the truth of those stories while condensing them for lots of other people listening to the radio, and I take it seriously. Email me at frank@kcur.org or find me on Twitter @FrankNewsman.

See stories by Frank Morris

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