Kansas City, Mo.-based UMB Bank, N.A., is buying a branch in Lenexa, Kan., from Denver-based ANB Bank, its only office in the state.
The deal is set to close in the first quarter of next year. The Kansas City-area branch had about $261 million in deposits as of June 30. UMB currently has 21 branches in Kansas, including 12 in the Kansas City area, as well as 17 in Missouri’s half of the metro. The bank also has branches in Arizona, Illinois, Oklahoma, Colorado and Texas.
“With this announcement, UMB demonstrates our continued commitment to serving and growing our customers in the greater Kansas City area,” said Jim Rine, president and CEO of the $36 billion UMB. “This acquisition aligns with our core growth areas and complements our existing branch network.”
The $3.4 billion ANB would have 24 branches in Colorado, eight in Wyoming and an LPO in Chesterfield, Mo., after the deal closes.
“The ANB Bank team has been honored to serve our Kansas City area communities and customers for nearly 30 years, and we’re excited for the opportunity to align with UMB,” said Brian Roby, community bank president for ANB’s Lenexa branch.