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Commerce Bank & Trust Company is a financial institution based in Worcester, Massachusetts, with 16 branches located throughout central and eastern Massachusetts.Commerce Bank & Trust was founded in 1955 and is now a full-service commercial bank with branch offices in Worcester, Holden, Leominster, Marlborough, Milford, Shrewsbury, Webster, West Boylston, Westborough, and, through its recent ...
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. [3]
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 ...
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 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.
Texas Commerce Bancshares, Inc. Logo JPMorgan Chase Building (formerly Gulf Building), the headquarters of the bank. The Texas Commerce Bank (officially Texas Commerce Bank N.A. [1], with its parent bank holding company known as Texas Commerce Bancshares, Inc.) was a Texas-based bank acquired by Chemical Banking Corporation of New York in May 1987.
Wells Fargo Corp. (combined California bank uses Crocker's charter) Wells Fargo: 1987 Chemical Bank New York Trust Co. Texas Commerce Bank: Chemical Banking Corporation (TX banks continued to operate as Texas Commerce) $1.2 billion JPMorgan Chase: 1987 NBD Bancorp: USAmeribancs: NBD Bancorp: $250 million JPMorgan Chase: 1987 Fleet Financial ...
Commerce Bank was notable for its rapid expansion, from one branch in 1973 to 470 branches in 2008, and a deposit base that grew by an average of 25% per year between 1996 and 2001 (against an industry average of 5% in 2001). According to Forbes Magazine, Commerce produced a 23% annual shareholder return compounded for 30 years. [7]
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