Family banking at Commerce

Serwer, Andy
March 2002
Fortune;3/4/2002, Vol. 145 Issue 5, p211
Profiles Commerce Bancorp, a bank that offers friendly service, longer hours, and is open on Sunday, in exchange for lower rates on saving accounts and no interest on checking. Increase in the bank's earnings and stock prices; Questions surrounding the bank's interior design, as provided by InterArch of Mt. Laurel, New Jersey, which is owned by the wife of the bank's chief executive officer Vernon Hill; Personal experience of the author in a Commerce Bancorp bank.


Related Articles

  • Reaction, or Overreaction? Osuri, Laura Thompson // American Banker;10/7/2005, Vol. 170 Issue 194, p1 

    Reports on the reaction of BankAtlantic Bancorp Inc. and its shareholders to news that Commerce Bancorp Inc. plans to enter BankAtlantic territory. Effect on shareholders of BankAtlantic's plan to spend more on advertising; Comments from Alan Levan of BankAtlantic and Vernon Hill of Commerce;...

  • Commerce as Outsourcer. Ackermann, Matt // American Banker;1/5/2006, Vol. 171 Issue 3, p1 

    This article discusses Commerce Bancorp Inc.'s recent purchase of a Pennsylvania online wealth management company that will enable Commerce to outsource to other banks a "virtual private banker" tool it intends to develop. Vernon W. Hill of Commerce said that with the acquisition of eMoney...

  • 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...

  • At Commerce, Emphasis Remains Firmly on Growth. Kulikowski, Laurie // American Banker;4/13/2006, Vol. 171 Issue 71, p1 

    This article discusses the increase in growth of Commerce Bancorp Inc.'s commercial business over the past year and chairman and chief executive Vernon W. Hill Jr.'s insistence that it is not straying from its retail-focused strategy. Commerce said in its first-quarter earnings report that its...

  • Wal-Mart Exec to Oversee Commerce's Branching. Rieker, Matthias // American Banker;9/8/2005, Vol. 170 Issue 173, p3 

    Describes the hiring of Wal-Mart Stores Inc. executive Jon Sandeen by Commerce Bancorp Inc. as its director of development. How Commerce plans to open many new branches in the next two years; Sandeen's experience with opening new Wal-Mart stores; Description of Commerce's expansion plans;...

  • Mr. Hill Plays Through. McKnight, Marshall // Business News New Jersey;4/1/2002, Vol. 15 Issue 14, p14 

    Profiles Vernon W. Hill II, chief executive officer of Commerce Bancorp. Plans of Hill to pull the company into the elite club of the top U.S. banks; Fascination of Hill on people making money; Design of the home of Hill; Interest of Hill in politics.

  • Sowing branches in the garden state. Kapiloff, Howard // American Banker;9/8/1994, Vol. 159 Issue 173, p4 

    Features Vernon W. Hill, chairman and president of Commerce Bancorp. Expansion plans; Praises of Hill's expansion strategy from banking analysts; Bank assets; Ranking; Banking technologies; Charges for automated teller machine users.

  • At N.J.'s Commerce, CEO Says Profit Rise Can't Last. Agosta, Veronica // American Banker;4/11/2002, Vol. 167 Issue 69, p20 

    Focuses on the views of Vernon W. Hill, chairman and president of Commerce Bancorp Inc., on the growth of the company profits in New Jersey. Details on the marketing performance of the company; Analysis of the net income; Increase of company assets.

  • Crashing the party. Sonik, Claude // Long Island Business News (7/1993 to 5/2009);5/31/2002, Vol. 49 Issue 23, p1A 

    Focuses on the business of Commerce Bancorp Inc. under the management of founder Vernon W. Hill in Long Island, New York. Growth of the bank through expansion; Number of Commerce branches; Benefits of the consolidations of Washington Mutual and Citibank to Commerce.


Read the Article


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

Try another library?
Sign out of this library

Other Topics