Top Banks in Missouri

The banking sector in Missouri is home to some of the most robust and well-established financial institutions in the United States. Among the top and largest banks in the state are Commerce Bank, UMB Financial Corporation, and Great Southern Bank. These institutions have long been recognized for their strong financial performance, customer service, and the range of banking services they offer to individuals and businesses alike. Their contributions to the local and national economies are significant, as they play an essential role in supporting economic growth, providing financial products, and helping individuals and businesses manage their financial needs.

Commerce Bank is the largest Missouri-based bank and a prominent player in the region’s financial sector. Established in 1865, Commerce Bank has built a strong reputation for providing a comprehensive range of financial services, including retail banking, commercial banking, investment services, and wealth management. Over the years, the bank has earned several accolades that underline its success and commitment to excellence. One of the most notable recognitions came in 1989 when Commerce Bank was the only bank in Missouri to receive the Presidential "E Star" award, which honored the bank's significant contribution to the promotion of export activity. This recognition placed Commerce Bank at the forefront of Missouri's banking industry, reflecting its key role in supporting business growth, both locally and internationally.

In 1991, Commerce Bank further solidified its reputation when it was ranked "Best Overall Performer" by United States Banker magazine for two consecutive years. This achievement was a remarkable accomplishment, showcasing the bank's ability to deliver top-notch financial services and maintain excellent performance during a challenging economic period. In addition to its outstanding performance in banking operations, Commerce Bank earned the top safety ranking for five consecutive years, which demonstrated its stability and ability to manage financial risks effectively. Commerce’s financial strength and commitment to service excellence earned it widespread recognition in the industry, and in 1995, Money Magazine named Commerce Bank the "Best Bank in Missouri," further cementing its status as one of the top banking institutions in the state.

Commerce Bank's commitment to excellence is evident not only in its numerous awards but also in its efforts to continually innovate and offer a wide range of financial services. The bank provides personal banking products such as checking and savings accounts, credit cards, mortgages, and home equity loans, catering to the needs of individuals and families. For businesses, Commerce Bank offers a variety of services, including commercial lending, treasury management, and corporate finance solutions. The bank has a strong focus on customer service, with a network of branches and ATMs throughout Missouri and beyond. In addition to traditional banking services, Commerce Bank has embraced technology, offering online banking services and mobile apps that make managing accounts and conducting transactions more convenient for customers.

UMB Financial Corporation is another major player in the Missouri banking sector. Ranked as the second-largest bank holding company headquartered in Missouri, UMB Financial Corporation is a diversified financial services firm that provides a wide array of banking and financial services to both individual and business customers. UMB’s operations span retail banking, investment banking, wealth management, and institutional services, with a focus on delivering customized solutions to meet the needs of its clients.

UMB is widely respected for its strong financial performance, consistently ranking among the top banks in the United States. According to a study by Forbes and SNL Financial, UMB has been ranked in the top 10 best banks in the country based on key financial metrics such as asset quality, capital adequacy, and profitability. This ranking is a testament to the bank's ability to maintain solid financial health while delivering exceptional service to its customers. UMB offers a comprehensive suite of consumer banking products and services through its banking centers, wealth centers, ATMs, and online banking platform at umb.com. Whether it is checking and savings accounts, credit cards, loans, or investment services, UMB provides a full spectrum of financial products to help individuals manage their finances effectively.

UMB's commercial banking division also plays a vital role in the financial services industry, offering business loans, treasury management solutions, and investment banking services. The bank's emphasis on relationship-based banking has enabled it to build strong connections with its clients and provide tailored solutions that address the unique needs of each business. UMB's wealth management services are another key component of its offerings, providing clients with personalized investment strategies, financial planning, and retirement planning solutions. Through its diverse range of services, UMB Financial Corporation has positioned itself as a leading financial institution in Missouri and across the United States.

Great Southern Bank, while smaller than Commerce Bank and UMB Financial Corporation, is nonetheless a significant player in Missouri's banking landscape. Known for its commitment to customer service and community involvement, Great Southern Bank provides a wide range of banking products to both individuals and businesses. The bank's holding company, Great Southern Bancorp, Inc., is publicly traded and listed on the NASDAQ Global Select Stock Exchange, reflecting its solid financial performance and growth potential. Great Southern Bank is a one-stop-shop for financial services, offering everything from traditional banking products such as checking and savings accounts to more specialized services like mortgage lending, insurance, and wealth management.

Great Southern Bank's success is rooted in its focus on providing customers with more choices for their money. The bank offers a wide variety of loan products, including home loans, auto loans, and small business loans, helping individuals and businesses access the capital they need to achieve their financial goals. In addition to its lending services, Great Southern Bank also provides a range of deposit products, such as certificates of deposit, individual retirement accounts, and money market accounts, allowing customers to manage their savings in a way that suits their needs. Great Southern Bank also offers a comprehensive suite of online banking tools, enabling customers to access their accounts, pay bills, transfer funds, and more from the convenience of their computers or mobile devices.

One of the key factors behind Great Southern Bank's growth and success has been its commitment to customer satisfaction. The bank prides itself on delivering personalized service and building long-term relationships with its customers. Whether individuals are looking to save for retirement, buy a home, or grow their small business, Great Southern Bank is dedicated to helping them achieve their financial goals. Its community-oriented approach has earned it a loyal customer base, and its emphasis on trust and integrity has helped it become one of the top banks in Missouri.

Commerce Bank, UMB Financial Corporation, and Great Southern Bank are integral to the financial landscape of Missouri. They have demonstrated impressive growth, financial stability, and a commitment to providing exceptional service to their customers. Their ability to adapt to changing market conditions, embrace technological advancements, and meet the diverse needs of both individuals and businesses has enabled them to thrive in a competitive banking environment. As Missouri continues to grow and evolve, these institutions will undoubtedly remain at the forefront of the banking industry, helping to drive the state's economic development and ensuring that customers have access to the financial products and services they need to succeed. Whether it's through offering innovative financial solutions, expanding their digital services, or providing personalized customer support, these banks continue to play a vital role in shaping Missouri's financial future.