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UMB Financial to Acquire El Dorado Savings Bank for $506 Million

UMB Financial agreed to acquire El Dorado Savings Bank in a cash-and-stock deal valued at about $506 million.

UMBF

By Natalie WegerUMB Financial has agreed to acquire El Dorado Savings Bank in a cash-and-stock deal valued at about $506 million that will strengthen UMB's brand presence on the West Coast.The financial services company on Tuesday said it would acquire the Placerville, Calif.-based federal savings…