Commerce Bancshares, Inc. Type Public (NASDAQ: CBSH) Industry Finance Founded 1865 Headquarters Kansas City, Missouri, USA Key people David W Kemper, Chairman, President and CEO Products Financial services Net income $221.7 million (2010-12-31) Total assets $18.5 billion (2010-12-31) Website www.commercebank.com
Commerce Bancshares is the corporate parent of Commerce Bank, the successor of the Commerce Trust Company and the National Bank of Commerce. With roots dating back to its first charter in 1865, Commerce Bank is the oldest and largest bank in Kansas City.
This Commerce Bank is not related to other financial institutions named "Commerce Bank" based in New Jersey, Ohio, and Massachusetts.
Commerce was founded in 1865 by Francis Reid Long as the Kansas City Savings Association with $10,000 in capital. William Stone Woods acquired it in 1881 and it became the National Bank of Commerce which at the time claimed to be the largest bank west of Chicago, Illinois
It became Commerce Bank in 1903 with William Thornton Kemper, Sr. as its first president. Following the Panic of 1907 it was briefly placed into receivership by the Comptroller of Currency. The bank paid its depositors and ownership returned to its owners.
Kemper set his son James M. Kemper up at Commerce and his other son R. Crosby Kemper at the competing City Center Bank which would become UMB Financial Corporation. The Kemper family from both institutions still play a dominant role at both banks as well as being a major force in Missouri philanthropies with their names applied to numerous buildings throughout the state including Kemper Arena.
- He is a willing worker, almost always here and tries hard to please everybody. We never had a boy in the vault like him before. He watches everything very closely and by his watchfulness, detects many errors which a careless boy would let slip through. His appearance is good and his habits and character are of the best.
Truman signed the last steel beam to added to the Commerce Tower.
- ^ http://www.google.com/finance?q=NASDAQ:CBSH&fstype=ii
- ^ http://www.google.com/finance?q=NASDAQ:CBSH&fstype=ii
- ^ FFIERC.GOV - Retrieved March 17, 2011
- ^ Commerce History - commercebank.com - Retrieved November 16, 2007
- ^ Truman Places - National Bank of Commerce - Retrieved January 4, 2007
- ^ "Commerce Bank to Merge with Missouri-based Commerce Bank" (Press release). Commerce Bank Aurora. 2007-04-03. http://k2.secure-banking.com/1264X.cfm?ID=1264X&PAGEID=0502110035011070&FRAME=0. Retrieved 2007-09-03.
50 largest banks / bank holding companies in the United States as of September 30, 2011
Ally • American Express • Associated • BancWest* • Bank of America • Bank of New York Mellon • BB&T • BBVA Compass* • BOK Financial • Capital One • CIT • Citigroup • Citizens Financial Group* • City National (California) • Comerica • Commerce • Discover • East West Bank • Fifth Third • First Citizens • First Horizon • First Niagara • Goldman Sachs • BMO Harris* • Hancock • HSBC Bank USA* • Huntington • JPMorgan Chase • Key • M&T • MetLife • Morgan Stanley • New York Community • Northern Trust • PNC • Popular • RBC* • Regions • Silicon Valley • State Street • SunTrust • Synovus • Taunus* • TCF • TD* • U.S. Bank • UnionBanCal* • Utrecht-America* • Wells Fargo • Zions
* indicates the U.S. subsidiary of a non-U.S. bank. Inclusion on this list is based on U.S. assets only.
Wikimedia Foundation. 2010.
Look at other dictionaries:
Commerce Bank — is the name of several unrelated banks and bank holding companies in the United States, including: Commerce Bancshares, based in Kansas City, Missouri, which does business as Commerce Bank in Missouri, Kansas, Illinois, Colorado and Oklahoma.… … Wikipedia
Commerce Trust Building — General information Status Complete Type … Wikipedia
Commerce Bancorp — Industry Bank holding company Fate Acquired by TD Bank, N.A. Successor TD Bank, N.A … Wikipedia
Commerce National Bank — This article is about the bank headquartered in Ohio. For other uses, see Commerce Bank. Commerce National Bank Type Subsidiary of First Merchants Corporation Founded 1991 (CNBC Bancorp.) Headquarters Columbus, Ohio, USA Key people Thomas… … Wikipedia
National Bank of Commerce — may refer to: National Bank of Commerce (Kansas City) National Bank of Commerce (Memphis) National Bank of Commerce, Lincoln, Nebraska, part of First Commerce Bancshares, taken over by Wells Fargo Bank in 2000 Cadence Bank (formally called… … Wikipedia
Texas Commerce Bank — The Texas Commerce Bank was a bank that merged with Chemical Banking Corporation of New York in May 1987. The price tag: for $1.2 billion, the largest interstate banking merger in history at the time. Through a series of mergers and acquisitions… … Wikipedia
National Bank of Commerce (Kansas City) — W.S. Woods The National Bank of Commerce was a U.S. bank of the late 19th and early 20th centuries. It first chartered as the Kansas City Savings Bank in 1865. After a controlling interest was acquired by Dr. William Stone Woods in 1881, the bank … Wikipedia
International Bank of Commerce — Infobox Company company name = International Bank of Commerce company company type = Public: nyse|IBOC company slogan = We Do More foundation = 1966 location = Laredo, Texas key people = Dennis Nixon, President CEO, International Bank of Commerce … Wikipedia
National Bank of Commerce (Memphis) — National Bank of Commerce was a bank headquartered in Memphis, Tennessee until it was taken over by SunTrust Banks in 2005. History Bank of Commerce Trust began in 1873. Its limestone Classical Revival building was built in 1929. The 31… … Wikipedia
Natcom Bancshares — Natcom Bancshares, Inc. is a community banking company based in Superior, Wisconsin whose bank subsidiary is National Bank of Commerce. The bank has seven locations in northern Wisconsin and northeast Minnesota, and $570 million in assets.… … Wikipedia