UMB Bank Selected as Custodian for Texas CLASS Local Government Investment Pool

Author's Avatar
Dec 16, 2021

UMB Bank, n.a., a subsidiary of UMB+Financial+Corporation (Nasdaq: UMBF), today announces it has been selected to serve as custodian for the Texas Cooperative Liquid Assets Securities System Trust (Texas CLASS), a local government investment pool established in 1996 that is available to all Texas municipalities, counties, school districts, authorities, and local government entities.