Commerce Bancorp
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Template:Infobox Company $204M FY 2005) |
homepage = www.commerceonline.com| }}
Commerce Bancorp (Template:Nyse) is a Cherry Hill, New Jersey based bank holding company that offers banking, insurance, brokerage, and investment banking services in New Jersey, Pennsylvania, New York, Delaware, Connecticut, Maryland, Virginia, Washington, D.C., Florida .Commerce Bancorp stock is traded under the New York Stock Exchange ticker symbol CBH.
Founded in 1973 by Wharton School graduate and fast-food restaurant franchise owner Vernon Hill, Hill sought to bring fast food convenience to banking and has rapidly expanded Commerce from one location to almost 400 in 33 years.
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Availability of Funds
Commerce Bank is one of the leading banks is funds availability for deposited checks. Any deposit made on a weekday before 6pm will be available the next day. Deposits made after six will be available in two days. All deposits made during the weekends and Friday after 6pm will be available Tuesday morning. Deposits of over $5,000 may be delayed two to three days for fraud prevention.
WOW! Awards
Every year since 1998 Commerce Bank has had an employee appreciation event called the WOW! Awards. This years WOW! Awards were at Radio City Music Hall for the third time (2006, 2005, 2003). Past venues have been: Boardwalk Hall in Atlantic City 2004, E-Center now the Tweeter Center at the Waterfront in Camden, NJ in 2003 and 2002.