UMB Healthcare Services, a division of UMB Financial Corp. of Kansas City, Mo., bought the health spending accounts of Benefit Administrators, a third-party administration division of E.G. Lee & Co. Insurance Services Inc. in Lafayette, Calif.

UMB Healthcare bought 315 health savings and 308 medical savings accounts with $3.6 billion of total assets.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.