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August 13, 1998 - Community First Banking Company and its subsidiary Tinton Falls State Bank became Commerce Bank/Shore. September 17, 1998 - Prestige Financial Corp. and its subsidiary, Prestige State Bank became Commerce Bank/Central; July 25, 2005 - Palm Beach County Bank established Commerce Bank in Southeast Florida.
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]
In the second quarter of 2024, there were 3,985 commercial banks and 554 savings and loan associations in the U.S. insured by the Federal Deposit Insurance Corporation (FDIC) with US$23.9 trillion in assets.
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.
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 ...
With 150 years of business experience under its belt, Commerce Bank knows a thing or two about wire transfers and routing numbers. Wire transfers occur every day within the banking universe, and ...
In May 2010, EverBank acquired all the deposits, substantially all of the assets, and certain liabilities of the Bank of Florida from the Federal Deposit Insurance Corporation, bringing its total assets to approximately $11.5 billion. [19] In February 2012, the bank agreed to acquire the warehouse finance business of MetLife. [20] [21]
Its riverine location facilitates two U.S. Navy bases and the Port of Jacksonville, Florida's third largest seaport. [ 3 ] Interstate Highways 10 and 95 intersect in Jacksonville, creating the busiest intersection in the region with 200,000 vehicles each day. [ 4 ]