Vernon Hill Is Watching Wal-Mart

Kline, Alan
February 2001
American Banker;2/1/2001, Vol. 166 Issue 22, p11A
Trade Publication
Offers a look at the career achievements of Vernon W. Hill, chairman and chief executive officer of Commerce Bancorp. Reaction to his selection as the Banker of the Year by 'American Banker' periodical; Hill's philosophy of banking; Strategy used by Commerce Bancorp of opening branch banks that are open daily; Customer service; Impact of deposit growth on Commerce's financial situation.


Related Articles

  • The artillery in Hill's ground war? De novo branches, deposit growth. Engen, John // U.S. Banker;Nov2003, Vol. 113 Issue 11, p42 

    Focuses on the role of Commerce Bancorp chief executive officer Vernon Hill in the company. Status of Hill as one of the best-known and most-mimicked chief executive officers in the U.S.; Performance chart-topping results of New Jersey-based Commerce Bancorp; Hill's career highlights.

  • How Hill Clashed with Regulators and Lost His Job.  // njbiz;7/9/2007, Vol. 20 Issue 28, p12 

    The article focuses on Vernon Hill, former CEO of Commerce Bancorp Inc. in New Jersey. Hill, a real state developer, has built Commerce into one of the biggest banks. It is believed that Hills' freewheeling style, which helped spark a transformation of U.S. retail banking, may have also had a...

  • HAVING WORDS WITH Vernon W. Hill II. Lockyer, Sarah E. // Nation's Restaurant News;2/25/2008, Vol. 42 Issue 8, p60 

    The article presents an interview with Vernon W. Hill II, founder and retired chairman and chief executive officer of Commerce Bancorp Inc. and chairman of executive committee at Saladworks Inc. He explains why he decided to invest in and partner with Saladworks. He describes several factors...

  • Vernon Hill's Magic as CEO Was Also His Downfall. Sraeel, Holly // U.S. Banker;Aug2007, Vol. 117 Issue 8, p8 

    The author reflects on the downfall of Commerce Bancorp CEO Vernon Hill. She claims that Hill was forced to resign after an insider transactions investigation involving Commerce Bank and family-held businesses prompted the Office of the Comptroller of the Currency to give a cease-and-desist...

  • Branching Out In Big Ways. Engen, John // Bank Technology News;May2004, Vol. 17 Issue 5, p26 

    Profiles Vernon Hill, chairman and chief executive officer of Cherry Hill, New Jersey-based Commerce Bancorp. Insights on the importance of deposits and customers in the expansion strategy of the company; Importance of the Internet and telephone banking to bank customers; Career background.

  • When 29% Growth Fails To Impress. Rieker, Matthias // American Banker;4/14/2005, Vol. 170 Issue 71, p1 

    Focuses on the financial performance of Commerce Bancorp Inc. Financial data indicating Commerce increased deposits by 29% over the previous year; Comment of Commerce chairman, president, and chief executive, Vernon W. Hill 2d, to investors in a conference call about the slowdown in deposit...

  • Commerce's Margin Falls, But Hill Says It Will Steady. Kulikowski, Laurie // American Banker;1/18/2006, Vol. 171 Issue 11, p18 

    Net interest margin contraction dominated Commerce Bancorp Inc.'s fourth-quarter earnings call Tuesday. The $38.5 billion-asset company's margin shrank to 3.52%, off 15 basis points. Shelled with questions by analysts during a conference call, Vernon W. Hill 2d, the Cherry Hill, N.J., company's...

  • Commerce of N.J. Says It Won't Hit '06 Growth Target. Kulikowski, Laurie // American Banker;7/18/2006, Vol. 171 Issue 136, p19 

    This article reports on the flat yield curve of Commerce Bancorp Inc.'s second-quarter earnings for 2006, which tempered the Cherry Hill, New Jersey, company's results. Vernon W. Hill Jr., Bancorp's company chairman and chief executive, conceded that he does not expect the company to meet its...

  • Haven't We Heard This Claim About Convenience Before? Osuri, Laura Thompson // American Banker;3/8/2005, Vol. 170 Issue 45, p5 

    Reports on three banks using the campaign slogan: the "most convenient bank". South Carolina's Coastal Federal Bank in Myrtle Beach; Commerce Bancorp of Cherry Hill, New Jersey; BankAtlantic Bancorp Inc. of Fort Lauderdale, Florida; Success of Commerce Bancorp's campaign; Suggestion that Coastal...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics