Reasons to choose UMB for your HSA
UMB understands that no two accountholders have the same healthcare needs and that your financial goals are likely to change during your lifetime. UMB's HSA was developed with this in mind. It's your choice. It's your money. It's your UMB HSA.
As a UMB HSA accountholder, you can:
- Pay qualified expenses conveniently with your VISA® -branded UMB HSA debit card
- Use UMB's free online reimbursement transfer tool to make it easy to reimburse yourself when you pay for qualified expenses with another form of payment
- Choose from a wide range of investment options
- Access account balances, transactions, money market and brokerage enrollment and management, forms, online reimbursements, contributions, and more online
Growing your HSA at UMB
UMB's HSA features three diverse savings options all in one plan. With UMB's HSA, you may decide to maintain your entire balance in the deposit account or distribute funds into all three options.
UMB deposit account interest rates are based on your balance amount. More details about interest rates: UMB HSA Interest Rates
If you choose to invest your HSA funds, you have two options with UMB:
- Fidelity money market sweep - Automated bi-directional sweep option allows higher yields on balances over $1,000 in base account. No additional fees.
- Self-directed brokerage - Choose from 170+ (load waived) mutual fund options in seven different mutual fund families. Additional transaction fees apply.1
Bank information
UMB Financial Services Corporation is a leader in the healthcare payments industry. UMB has offered Medical Spending Accounts (MSAs) since 1997 and Health Savings Accounts since 2003. Today, UMB is one of the Top 10 HSA custodians nationally, with $205 million in HSA assets. UMB was named a Celent Model Bank for Healthcare in 2010.
UMB has had steady, calculated growth for more than 97 years as a full-service bank headquartered in Kansas City, Mo. UMB was ranked No. 2 bank in the nation in Forbes Magazine/SNL Financial Study of the 100 largest banks and thrifts, January 2010. UMB's business philosophy is based on knowing our customers, understanding their unique needs, and always acting in their best interests.
More details about the UMB HSA
UMB HSA Website
- Investments you make through your HSA are not FDIC insured. Securities offered through UMB Financial Services, Inc., member FINRA (www.finra.org), SIPC. UMB Financial Services, Inc. is a subsidiary of UMB Bank, n.a. UMB Bank, n.a. is a wholly-owned subsidiary of UMB Financial Corporation. UMB Financial Services, Inc., is not a bank and is separate from UMB Bank, n.a. and other banks. Investments in securities, whether through the money market sweep account or through other investment options available in the brokerage account are:
Not FDIC Insured • May Lose Value • No Bank Guarantee