Where is the Douglas County treasurer's money deposited?
The Douglas County Treasurer’s Office banks at UMB, 1441 Wakarusa Drive. According to County Treasurer Paula Glichrist, the county uses UMB because it offers a sweep account, which provides a higher interest rate for money that isn’t being used. It also has a lock box service, which allows the county to more quickly process tax payments. According to the UMB’s website, the company has headquarters in Kansas City, Mo. UMB has 135 banking centers in seven states and more than 20 financial subsidiaries. Some other Douglas County departments use different banks.