Public Finance
Products, Services and Securities offered through the UMB Bank, n.a. Capital Markets Division and UMB Financial Services, Inc. are:
NOT FDIC INSURED • MAY LOSE VALUE • NOT BANK GUARANTEED
Committed to community. Connected to capital.
UMB Bank, n.a. Capital Markets Division is committed to helping communities and organizations fulfill their quality-of-life and growth aspirations.
Extensive distribution
Our extremely broad and diverse investor base includes over 3,500 institutional investors and over 700 financial institutions across the country. The ability to reach such a large pool of potential buyers helps to achieve a lower cost of capital and structural flexibility for our clients.
Strength and stability of capital
UMB Bank is strategically positioned to effectively support its clients in the market during the sale of their bonds. With a strong balance sheet and a Tier I risk-based liquidity level well in excess of the regulatory threshold, UMB Bank has the capacity to support the pricing of a bond issuance across the entire yield curve from the moment the pricing begins.
Breadth and depth of underwriting experience
UMB Bank clients gain direct access to a highly tenured team with substantial relevant experience providing service to a wide array of sectors and credits, issue sizes, regions and sale methods for tax-exempt and taxable financing solutions.
Schedule a consultation with one of our team members to analyze your financing opportunities
Service and Integrity
UMB Bank, n.a. Capital Markets Division delivers consistently outstanding service built on trust, communication, local engagement and responsiveness. We know from experience that the best outcomes are the result of business relationships that run deeper than the transaction. We combine the business values and relationship-based responsiveness of a regional investment bank with the capabilities, capital resources, reach and sophistication of a large national institution. UMB Bank is grounded in community. Our teams invest the time to get to know the people, participants and stakeholder communities involved in all public, higher education, healthcare, or municipal finance projects
We draw from a rare combination of extensive investor relationships, capital strength and stability, and a highly experienced team to connect our public and not-for-profit partners with innovative, tailored financing solutions covering a broad range of public, higher education, healthcare, or municipal capital projects.
FEATURES
Our tailored approach, paired with our specialized industry experience, allows us to build creative and flexible programs to suit unique public finance needs. We have specific experience in the following market sectors, and more:
CITY OF SEGUIN, TEXAS
Municipal Financing
$144,590,000
Location: City of Seguin, Texas
Type: Combination Tax & Limited Pledge Revenue Certificates of Obligation Series 2025
Role: UMB’s role in this transaction is Senior Manager. This was the second highest par amount UMB Public Finance acted as Senior Manager.
VETERANS MEMORIAL HOSPITAL
Municipal Financing
$6,000,000
Location: Waukon, Iowa
Type: Hospital Revenue Bonds
Role: As underwriter for the Bonds, UMB structured the bond issue and sold the Bonds to local and regional banks.
Schedule a consultation with one of our team members to analyze your public, higher education, healthcare, or municipal financing opportunities
Questions about Public Finance? UMB has answers.
For a municipality, bonds can provide access to a broad pool of investors and help to achieve a low borrowing cost for their capital projects. For an investor, these bonds can offer a source of tax-free fixed income.
The two most common types of municipal bonds are general obligation bonds issued by states, cities or counties, and revenue bonds which are backed by revenues from a specific project or source, such utility revenues or housing system revenues.
If you’d like to know more about your options for bond financing, contact the UMB Bank Public Finance team.
A municipal bond underwriter is a firm, or group of firms, that purchases bonds directly from a bond issuer and resells them to investors. Underwriters are intermediaries between issuers and investors.
UMB Bank offers municipal bond underwriting, with specialized industry experience. We work with bond issuers to provide unique and customized financing structures to suit their specific public finance needs.
Stay up to date on the latest public finance topics on the UMB Bank blog.
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School districts and municipalities respond to workforce housing needs
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The State of Texas Education: A bond underwriters’ perspective
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Medicaid payment increases allow hospitals to re-evaluate capital projects and leverage capital markets
Read NowCapital markets update: Not-for-profit hospitals and project financing With the uncertainty of the pandemic mainly behind us, many hospitals are now focused on capital needs that have been postponed during the past few years. This reality, combined with the recent...
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Economic development financing tools for municipalities and current challenges
Read NowEconomic development is vital for the growth and sustainability of communities. It is the engine that drives job creation, increases property valuations, attracts investment, and enhances the quality of life. This article highlights common financing mechanisms and shares some challenges...
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Financing municipal water and wastewater projects
Read NowFinding the right financing tools becomes crucial as local governments aim to balance budgets while also meeting increasing water and wastewater demands. Water and wastewater projects are large-scale undertakings, often requiring significant investments relative to a municipality’s annual capital improvement...
*Municipal Advisory services offered through UMB Financial Services, Inc.
UMB Bank, n.a. Capital Markets Division is a separately identifiable division of UMB Bank, n.a. UMB Bank, n.a. is an affiliate within UMB Financial Corporation. UMB Financial Services, Inc., Member FINRA, SIPC, is a wholly owned subsidiary of UMB Financial Corporation, and an affiliate of UMB Bank, n.a.
Products and Services offered through UMB Bank, n.a. Capital Markets Division and UMB Financial Services, Inc. are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED