Commerce Bank then offers its customers longer banking hours and freedom from annoying fees.
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In New York, Commerce Bank has grown quickly by opening branches next to big, entrenched competitors such as Citibank, J.
ECONOMIST: Hard times have been good to America's smaller banks
The banks involved are Wachovia, Bank of America, PNC Bank of Pittsburgh and Commerce Bank of Cherry Hill, New Jersey.
Uninspired by a couple of years at Texas Commerce Bank, in 1982 he joined the forerunner to Frontier as vice president of finance.
Almost all of its competitors from deep-pocketed behemoths such as Bank of America to nimble upstarts like Commerce Bank have been doing the same for years.
"Of course, we'll be a little more cautious about whom we lend to, " says Richard Koh, chief financial officer at Pacific Commerce Bank in Los Angeles.
Commerce Bank, which is now owned by Canada's TD Financial, shook up the market with innovations such as staying open late so customers could come in after work.
Commerce Bank also was not happy about their business prospects, in the event of an 80% type debit interchange reduction, saying that they would lose money in that scenario.
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Its high-touch service model, though impressive, is not impossible to replicate (British bank customers will get something similar with the opening next month of Metro Bank, one of whose founders was the force behind Commerce Bank).
The IRS wants Wells to hand over data on U.S. taxpayers with accounts at Canadian Imperial Bank of Commerce FirstCaribbean International Bank (FCIB).
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In another recent case employees of Canadian Imperial Bank of Commerce accuse the bank of using a buyout fund to rip them off.
During Hill's 34 years running Commerce, the bank grew from a small lender in the Philadelphia suburbs to a major player in banking on the East Coast.
Those who doubted could survey the ORU campus at 7777 South Lewis, and see what God had wrought through the man who was now a director of the Tulsa Chamber of Commerce and the Bank of Oklahoma.
Kochan is an investigative journalist who has written several books about financial scandals such as the collapse of Bank of Credit and Commerce International, one of the biggest bank frauds in history, and The Guinness Affair, an illegal share-fixing operation.
Canadian Imperial Bank of Commerce(CM) is yielding 4.28% and trading at 15 times earnings while Royal Bank of Canada is paying a 3.28% yield and selling at 15 times earnings.
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The Bank of Commerce had lent huge amounts backed by inadequate or no collateral, according to a report by the Bank of Thailand, the central bank, which was leaked to opposition legislators in early May.
However, compared to the mess over at the Canadian Imperial Bank of Commerce, they look respectable.
With the Bank of Commerce, however, the minister preferred to talk before taking action.
Canadian Imperial Bank of Commerce moved to No. 170 from No. 529, thanks to a turnaround in its profitability.
Until a couple of years ago traders at Canadian Imperial Bank of Commerce didn't even talk risk in the same terms.
But Surachai Prakbamroong, director of the Bank of Thailand's Bank Examination and Analysis Department, believes that the Bank of Commerce's problems are overblown.
Not wanting to be left behind, Canada's second-and fifth-largest banks, Canadian Imperial Bank of Commerce and Toronto-Dominion, then announced their own plans to merge.
Still, it would not be a bad thing if the Bank of Commerce collapse led regulators to undertake a stricter watch on the entire industry.
However, compared to the mess over at the Canadian Imperial Bank of Commerce (nyse: CM - news - people ), they look respectable.
It bought a small Thai bank in 2009 and is negotiating with Manila-based San Miguel Corp. to buy a stake in its Bank of Commerce.
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The report also cited the strong quarterly dividend history at Canadian Imperial Bank of Commerce, and favorable long-term multi-year growth rates in key fundamental data points.
The central bank moved to shore up the Bank of Commerce's cash position, and on May 17 the Finance Ministry replaced Krirk-kiat with a governing board and froze the embattled institution's assets.
But even before the Bank of Commerce debacle, he was tarnished by allegations over the past year that he got a sweetheart deal to buy shares in Mutual Fund Co. in 1991.
In its first major case, filed in 1994, the fledgling Securities and Exchange Commission (SEC) accused investor Song Watcharasriroj -- better known as Sia Song -- of manipulating the Bank of Commerce stock price.
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