Announced
Financials
Tags
Single Bidder
Friendly
Majority
Banks
Pending
United States
Domestic
health savings account
Private
Acquisition
Synopsis
UMB Financial, a financial services company, agreed to acquire the health savings account business of Old National Bancorp, a bank holding company. Financial terms were not disclosed. “Our strategic focus continues to be on growth in the direct-to-employer space. This acquisition provides significant business gain and a strong, experienced team that will complement our organic growth efforts,” Phil Mason, UMB Director of Healthcare Services.
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