The top executive at UMB Healthcare Services, a division of UMB Financial Corp. in Kansas City, Mo., said the unit plans to buy health savings accounts from small banks that have struggled to add scale.

"I think that there are a number of community banks and smaller banks that have a portfolio [of health savings accounts] with a few million dollars and few thousand accounts and they are trying to decide if this is an important business for them," said Dennis Triplett, the president of UMB Healthcare. "I think a lot of banks are coming to the realization that this isn't just a checking account. There is a fair amount of complexity and customer support necessary to thrive with HSAs."

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