Bank · FDIC insured
UMB Bank Carrot Score
Top CarrotA $71.9B bank, the 40th largest of 4,207, headquartered in Kansas City, MO, with 189 branches in 14 states.
UMB Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 85% of U.S. banks and credit unions
- CDs84
- Savings94
- Auto loans63
- Credit cards63
Each bar is every U.S. bank and credit union, lowest score to highest. Choose a product to see its rates.
Where UMB Bank ranks
By Carrot score, in each area where it has branches
- #12 of 79Kansas City, MO-KS metro33
- #6 of 64Denver-Aurora-Centennial, CO metro17
- #14 of 79St. Louis, MO-IL metro13
- #12 of 60Phoenix-Mesa-Chandler, AZ metro13
- #5 of 27Albuquerque, NM metro9
- #3 of 18Lubbock, TX metro7
And 57 more areas
- #3 of 11Dubuque, IA metro7
- #5 of 39Madison, WI metro4
- #3 of 29Colorado Springs, CO metro4
- #3 of 23Rockford, IL metro4
- #2 of 16Sheboygan, WI metro4
- #22 of 115Dallas-Fort Worth-Arlington, TX metro3
- #11 of 97Minneapolis-St. Paul-Bloomington, MN-WI metro2
- #6 of 47Oklahoma City, OK metro2
- #4 of 39Wichita, KS metro2
- #2 of 27Springfield, MO metro2
- #3 of 24Fresno, CA metro2
- #4 of 18Santa Fe, NM metro2
- #2 of 16Columbia, MO metro2
- #1 of 15Joplin, MO-KS metro2
- #3 of 13St. Joseph, MO-KS metro2
- #1 of 12San Luis Obispo-Paso Robles, CA metro2
- #1 of 8Clovis, NM metro2
- #2 of 7Española, NM metro2
- #7 of 61Omaha, NE-IA metro1
- #6 of 54Milwaukee-Waukesha, WI metro1
- #12 of 53Des Moines-West Des Moines, IA metro1
- #3 of 44Tulsa, OK metro1
- #11 of 43Salt Lake City-Murray, UT metro1
- #10 of 27Green Bay, WI metro1
- #2 of 24Boulder, CO metro1
- #3 of 23Greeley, CO metro1
- #4 of 23Topeka, KS metro1
- #3 of 17Lawrence, KS metro1
- #3 of 17Midland, TX metro1
- #2 of 15Odessa, TX metro1
- #4 of 14Jefferson City, MO metro1
- #4 of 14Manhattan, KS metro1
- #2 of 13Salinas, CA metro1
- #4 of 11Abilene, TX metro1
- #1 of 9Edwards, CO metro1
- #2 of 8Platteville, WI metro1
- #1 of 7Pampa, TX metro1
- #3 of 7Salina, KS metro1
- #1 of 7Sonora, CA metro1
- #2 of 6Warrensburg, MO metro1
- #1 of 5Los Alamos, NM metro1
- #1 of 3Atchison, KS metro1
- #1 of 1Snyder, TX metro1
- #24 of 160Missouri43
- #16 of 133Kansas27
- #7 of 103Colorado25
- #7 of 58New Mexico21
- #65 of 375Texas20
- #15 of 73Arizona13
- #29 of 196Wisconsin11
- #19 of 142Iowa8
- #36 of 281Illinois7
- #50 of 271California7
- #11 of 100Oklahoma3
- #25 of 172Minnesota2
- #8 of 115Nebraska1
- #21 of 69Utah1
Scores run from 60 to 99; 90 and up means rates near the best in the country. Top Carrot marks a score of 87 or more, the top quarter of U.S. banks and credit unions. It’s about rates only, not safety, service or who can join.
By product
How each product scores
How its rates compare with every U.S. bank and credit union. Open a product to see them.
CDs
84top 33% nationally
| Term | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| 3-8 months | 3.85% | 77% | 3.50% | 3.82% | 4.05% |
| 9-15 months | 4.25% | 91% | 3.70% | 4.00% | 4.25% |
| 16-30 months | 0.15% | 1% | 3.35% | 3.85% | 4.20% |
| 31-60 months | 0.25% | 1% | 3.05% | 3.65% | 4.07% |
| Qualified | 4.25% | 83% | 3.85% | 4.15% | 4.35% |
Best rates 83.9 · all terms 49.9 → 70.3 → 84
Savings
94top 4% nationally
| Balance | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| $1,000 | 0.10% | 33% | 0.20% | 0.50% | 1.51% |
| $10,000 | 3.71% | 98% | 0.50% | 1.15% | 2.20% |
| $100,000 | 3.71% | 98% | 1.00% | 2.01% | 2.93% |
| Qualified | 3.71% | 98% | 0.60% | 1.31% | 2.43% |
Best rates 97.9 · all balances 85.0 → 92.8 → 94
Auto loans
63beats 8% nationally
| Vehicle | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| New vehicle | 6.09% | 12% | 5.00% | 4.74% | 4.25% |
| Used vehicle | Not offered | 0% | 5.39% | 4.99% | 4.49% |
Best rates 12.5 · all vehicles 6.2 → 10.0 → 63
Credit cards
63beats 8% nationally
| Card | Its rate | Beats | U.S. median | Top 25% atTop 25% | Top 10% at |
|---|---|---|---|---|---|
| Purchase APR | 14.49% | 8% | 10.90% | 9.90% | 8.90% |
Best rates 7.9 · all rates 7.9 → 7.9 → 63
Where the score could improve
- CDs, 16-30 months3.85%0.15% today, higher than 1% of U.S. institutions. 3.85% would reach the top quarter; 4.20% the top 10%.
- CDs, 31-60 months3.65%0.25% today, higher than 1% of U.S. institutions. 3.65% would reach the top quarter; 4.07% the top 10%.
- Savings, $1,0000.50%0.10% today, higher than 33% of U.S. institutions. 0.50% would reach the top quarter; 1.51% the top 10%.
Scores update as rates change. Institutions can correct a rate we show; payment never changes a score.
Method
How the score works
- Each product gets a standingWe compare its CD, savings, auto loan and credit card rates with every bank and credit union in the U.S. and give each product a standing out of 100. Its best rates count the most. For loans and cards, lower rates rank higher.
- Its two best products set the scoreWe average its two strongest products. Each extra product it publishes adds 1.5 points, so sharing more rates can only help.
- Its rank puts it on the 60–99 scaleWe rank that number against every scored bank and credit union in the country to get a score from 60 to 99. The top quarter earn Top Carrot.
How UMB Bank got its score
Its products stand at 92.8 for savings, 70.3 for CDs, 10.0 for auto loans and 7.9 for credit cards, out of 100. Its best two, savings and CDs, average 81.6. Publishing four products adds 3.0, for 84.6. That puts it in the top 15% nationally: a Carrot Score of 88, a Top Carrot.
The fine print: inside each product, its best rates make up 60% of its standing and all its rates the rest. Its best rates are its two best CD terms, its $10,000 and Qualified savings or money market rates, the better of its new and used auto loan rates, and its credit card purchase rate. The Qualified rate is the best $10,000 rate you can get by opening another account or meeting monthly requirements (or the standard rate, if that’s higher). Rates that need monthly activity get half credit for the extra they pay, and rates that need a combined balance count only from that balance. We subtract monthly fees and count an intro rate at what it earns over a full year. Accounts for kids, students, seniors, businesses, IRAs and health savings aren’t scored.