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Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. [1] In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce with TD Banknorth to form TD Bank, N.A.; all of its banks and branches were given the TD Bank logo.
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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
In 2017, the bank sold the mortgage business acquired from the purchase of AmTrust at a $90 million profit. [18] In March 2010, Desert Hills Bank of Phoenix, Arizona, with $496 million in assets, was seized by the FDIC and acquired by NYCB. [19] [20] In June 2012, NYCB acquired the assets of Aurora Bank from Lehman Brothers. [21]
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Amerant Bank was founded in 1979 as Commercebank N.A. In 1987, the bank was acquired by Mercantil Servicios Financieros (MSF) – ranked as one of the world's biggest 2,000 public companies according to Forbes magazine (2015) at 648th place [4] – and operated as Commercebank until it became known as Mercantil Commercebank in 2007.
This page was last edited on 23 December 2023, at 23:27 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.