TITLE

Family banking at Commerce

AUTHOR(S)
Serwer, Andy
PUB. DATE
March 2002
SOURCE
Fortune;3/4/2002, Vol. 145 Issue 5, p211
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
6171579

 

Related Articles

  • 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...

  • Hill Says He Voted No on TD-Commerce. Rieker, Matthias // American Banker;2/11/2008, Vol. 173 Issue 28, p20 

    The article reports on a 2008 announcement from Vernon W. Hill the 2nd, the founder and chairman of Commerce Bancorp Inc. In the announcement Hill indicated that he had voted against the Cherry Hill, New Jersey company's deal to sell itself to Toronto-Dominion Bank. Despite Hill's negative vote...

  • 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'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...

  • 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;...

  • 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...

  • 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.

  • Branches, Service and Vernon, Vernon, Vernon. Sraeel, Holly // U.S. Banker;Apr2003, Vol. 113 Issue 4, p8 

    Comments on Commerce Bancorp Inc. chief Vernon Hill's hold on the retail banking sector in the U.S. Discussions on Hill's influence in the sector at a meeting held by retail bankers; Hill's branch banking strategy.

  • 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.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics