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CoreFirst Bank & Trust (formerly Commerce Bank & Trust) is an American community bank headquartered in Topeka, Kansas.Commerce Bank & Trust changed its name to CoreFirst Bank & Trust in order to differentiate itself from other "Commerce Banks", both in Kansas (Commerce Bancshares) and nationwide (such as Commerce Bank & Trust Company). [2]
Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during post-Civil War Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [5]
Commerce Bank Harrisburg, an independent franchise of Commerce Bancorp in Harrisburg, Pennsylvania, U.S. Commerce Bank & Trust of Topeka, former name of CoreFirst Bank & Trust, Topeka, Kansas; Commerce National Bank, Columbus, Ohio; Global Commerce Bank, Doraville, Georgia; Texas Commerce Bank, acquired by Chemical Banking Corporation of New ...
Commerce Bank had an independent franchise [19] in the Central Pennsylvania region called Pennsylvania Commerce Bancorp, Inc, [20] locally known as Commerce Bank Harrisburg. Commerce Bank shared a call center with Commerce Bank Harrisburg and owned approximately 11% of its stock.
The former executive of a rural Kansas bank that collapsed last summer has admitted to a embezzling tens of millions of dollars for a cryptocurrency scheme. Shan Hanes, 52, of Elkhart, pleaded ...
In March 1921 the National Bank of Commerce was finally combined with the Commerce Trust Company into a single corporation, taking the "Commerce Trust" name. A year later, Kemper and others sold control of Commerce Trust to Theodore Gary and Associates. [9] for the price of $220 a share. In late 1932 Kemper and his son James reacquired control ...
The U.S. attorney in Kansas says Shan Hanes, the bank’s CEO at the time, transferred approximately $47.1 million from the bank to make cryptocurrency purchases between May 30, 2023, and July 7 ...
The probe comes after a former Kansas Department of Commerce official, Jonathan Clayton, leveled allegations that he had abused the process in conjunction with Lt. Gov. David Toland. (The ...