UMB Bank

About

MB Healthcare Services, a division of UMB Bank, n.a., delivers healthcare payment solutions including custodial services for health savings accounts (HSAs) and private label, multipurpose debit cards to insurance carriers, third-party administrators, software companies, employers and financial institutions.

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 5 custodians in the country with account holders throughout the nation.

Today, UMB Healthcare Services provides solutions for 5.7 million healthcare spending account cards, including more than 1.4 million HSAs, with more than $3.3 billion in HSA assets and deposits.

HSA Program Features

FDIC or NCUA Insured:
check
Features:
  • Debit Card
  • Online Banking
  • Investment Options

HSA Interest Rates

Interest rates are unknown at this time

Fees


Monthly Maintenance Fee $2.95*
Account Opening Fee $0.00
Account Closing Fee $15.00

* Wavied on a balance of $3,000 or more

HSA Investment Options

Mutual Fund Platform: check_box   Self-Directed Brokerage: close   CDs: close   Other: check_box

Mutual Fund Details

Investment Threshold: $1,000
Investment Fee: $3.00 / Month

The UMB Health Savings Account (HSA) gives you the opportunity to select and manage your investments through UMB HSA Saver® an online investment account. UMB HSA Saver makes investing:
  • Simple. You decide how much and how often to invest for one low monthly fee, no fund minimums and no trading fees.
  • Fast. It only takes a few minutes to enroll and get started. It’s as easy as shopping online.
  • Smart. Backed by UMB’s1 experience and insight, HSA Saver is a powerful tool that just made investing a whole lot easier.

Other Investment Option Details

1UMB Investment Management selects mutual funds in various asset classes for inclusion in the UMB HSA Saver® Investment Program. UMB Investment Management is a department of UMB Bank, n.a. UMB Bank, n.a. is a wholly owned subsidiary of UMB Financial Corporation.

Investments in securities through the HSA investment account are:
Not FDIC Insured • May Lose Value • No Bank Guarantee

UMB Custody Services provides safekeeping and settlement of the mutual fund investments in the UMB HSA Saver investment program. UMB Custody Services is a division of UMB Bank, n.a.

Contact Information

General Information

Website

Customer Service

Mailing Address UMB Bank, n.a.
UMB Healthcare Services
P.O. Box 419226
Kansas City, MO 64141
Phone Number 866.520.4HSA (4472)