UMB Completes Conversion of Citadel Bank in Colorado Springs

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    • Jan 2009
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    UMB Completes Conversion of Citadel Bank in Colorado Springs

    (PR-inside.com) UMB Financial Corporation (NASDAQ: UMBF) announces the final steps in the conversion of Citadel Bank (Citadel) to UMB Bank Colorado, n.a. are complete. UMBF is the holding company of UMB Bank Colorado, n.a., and Citadel is a subsidiary of Citadel Bancorporation. Now that the merger of operations is final, Citadel banking centers will reopen on March 2 as UMB Bank locations, complete with the company branding, services and products. The combined deposits in the Colorado Springs market will be approximately $229 million, increasing UMB's deposit market share ranking for the area from nine to six. This acquisition brings ..

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