UMB gained a leadership position when it became one of the first banks to market Archer Medical Spending Accounts in 1996. It has since received national recognition as one of the leading custodians in the country. This experience, combined with powerful processing capabilities, differentiates UMB’s HSA from the competition. UMB Healthcare Services is one of the top 10 custodians in the country with account holders throughout the nation.
Today, UMB Healthcare Services provides solutions for more than 5.2 million healthcare spending account cards, including nearly 820,000 HSAs, with more than $1.5 billion in HSA assets and deposits.