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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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[3] [4] The company wholly owns Commercial Bank & Trust of PA under the Bank Holding Company Act. [5] The company's principal business is the operation of Commercial Bank & Trust of PA, which offers various commercial banking and trust services including offering deposit services, providing financial counseling, investing and extending credit.
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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 ...
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The bank originates loans for marketplace lenders and processes payments, and is known for its roster of clients in emerging fintech sectors. [34] [35] [36] As of 2020, the bank has assets of approximately $9.9 billion and maintains 300 employees at its branch office and corporate headquarters in New Jersey.