June 05, 2007

UMB Financial Corporation Chooses PULSE As Exclusive PIN Debit Network Provider

Extended Relationship Includes Seat on PULSE Financial Institution Oversight Committee

HOUSTON – UMB Financial Corporation (NASDAQ: UMBF) and PULSE EFT Association have extended their relationship in a long-term agreement that establishes PULSE as the sole provider of PIN debit network services to UMB. UMB is an $8 billion multi-bank holding company headquartered in Kansas City, Mo., providing complete banking and financial-related services to both consumer and business customers in seven states.

George Schmelzel, senior vice president of UMB Card Services, said the new agreement with PULSE will further the bank's growth in a rapidly evolving debit marketplace.

“We are committed to providing unparalleled customer service, and to creating an environment that consistently exceeds account holders' expectations,” Schmelzel said. “UMB takes pride in having a reputation as a financial institution that anticipates our customers' needs, and we look forward to strengthening this reputation through our growing relationship with PULSE.”

PULSE President David Schneider said PULSE is eager to expand its relationship with UMB, which has been a PULSE participant since 2003.

“We are pleased to have been selected by UMB to meet its growing electronic payment needs,” Schneider said. “As a leading electronic funds transfer network and a pioneer in developing electronic payments, we realize how important it is to provide the highest quality of service to our financial institution participants. UMB's decision to utilize PULSE as its exclusive PIN debit network confirms that we are achieving this objective.”

The agreement with PULSE gives UMB the opportunity to have a voice in the network through a seat on the PULSE Financial Institution Oversight Committee. Created in 2005, the committee advises the organization on key issues relative to the network.

About UMB Financial Corporation
UMB Financial Corporation is a multi-bank holding company headquartered in Kansas City, Mo., offering complete banking, asset management and related financial services to both individual and business customers. UMB banking subsidiaries own and operate 138 banking centers throughout Missouri, Kansas, Illinois, Colorado, Oklahoma, Nebraska and Arizona. Subsidiaries of the holding company and the lead bank, UMB Bank, n.a., include an investment services group based in Milwaukee, Wisconsin, a trust management company in South Dakota, and single-purpose companies that deal with brokerage services and insurance.

About PULSE EFT Association LP
PULSE is one of the nation's leading ATM/debit networks, currently serving more than 4,400 banks, credit unions and savings institutions across the country. PULSE is owned by Discover Financial Services, a business unit of Morgan Stanley (NYSE:MS). The network links cardholders with nearly 260,000 ATMs, as well as POS terminals at retail locations nationwide. The company is also a valued resource for consumer research related to electronic payments and is committed to providing its participants with education on evolving products, services and trends in the payments industry. For more information, visit

Anne Rhodes
PULSE EFT Association
(800) 420-2122

Steve Wujek
UMB Financial Corporation
(816) 860-5088