What bank bought Commerce Bank?
Commerce Bank, known historically for its strong retail presence in the mid-Atlantic region, was famously acquired by TD Bank, the United States subsidiary of Canada's Toronto-Dominion Bank. This multi-billion-dollar acquisition allowed TD Bank to rapidly establish a massive, highly visible retail banking network spanning major metropolitan areas from New York and New Jersey down through Washington, D.C. The acquired branches were subsequently rebranded under the TD Bank name, introducing the Canadian bank's signature extended operating hours, customer-centric retail model, and comprehensive commercial financial services to millions of new American retail depositors.
Related FAQs
Commerce Bank operates as the principal banking subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a registered financial bank holding company headquartered in Kansas City, Missouri.
The original Commerce Bank, a prominent regional institution heavily operating across New Jersey and the Mid-Atlantic region, did not fail or go out of business organically, but rather was acquired by TD Banknorth—a subsidiary of Canada's TD Bank Fin...