Springfield (Mo.) Police Officers' & Firefighters' Retirement System hired UMB Financial Corp. as custodian, said Janell Manley, administrative director.
The $255 million pension fund issued an RFP due to the pending contract expiration of incumbent custodian U.S. Bank.
Ms. Manley did not know whether the firm rebid and said she could not provide finalist information.
She said the transition period to UMB Financial is expected to take “the next couple of months.”
