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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 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.
Bank of America's logo from 1969 to 1998 Bank of America Tower, headquarters for Bank of America's investment banking operations, seen from Bryant Park in Midtown Manhattan, in 2015 Following passage of the Bank Holding Company Act of 1956 by the U.S. Congress , [ 24 ] BankAmerica Corporation was established for the purpose of owning and ...
Bond giant BlackRock tops the list at 5.2% ownership, followed by The Vanguard Group at 4.9%, and the asset management arms of State Street, Fidelity, and T. Rowe Price at 4.3%, 2.5%, and 1.4% ...
Bank of America Corporation (NYSE:BAC) received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to $32.84 at one point, andRead More...
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 York in 1987; Virginia Commerce Bank, acquired by United Bank of West Virginia in 2014
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It acquired Bank of Kearns in 1962, Bank of Spanish Fork in 1968, Utah National Bank in 1969, Bank of Commerce, Bank of St. George, and Bountiful State Bank in 1970, Bank of Vernal and Carbon Emery Bank in 1973. [8] In January 1966, Zions became a public company via an initial public offering. [5]