Commerce National Bank
Encyclopedia
Commerce National Bank, is a commercial bank
, founded in 1991, with $600 million in assets. It is a subsidiary of First Merchants Corporation
, and is headquartered in Columbus
, and has a regional office in Cincinnati. Commerce provides a variety of banking services to small- and mid-sized businesses.
Within its business-only niche, Commerce National Bank is known for its specialty in health-care finance. This specialty has garnered it the reputation as the bank for dentists, physicians, veterinarians, and other health-care practitioners throughout the Midwest and beyond.
Dr. James Newton, a professor at the Ohio State University
, serves as the bank's Chief Economic Adviser. In 2003, First Merchants Corporation
acquired Commerce National Bank and joined CNB with the other First Merchants affiliate banks.
Commerce National Bank is the second largest bank in the United States bearing the name "Commerce," behind Commerce Bancshares
, a retail bank headquartered in Kansas City, Missouri
.
Commercial bank
After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate ownership under U.S...
, founded in 1991, with $600 million in assets. It is a subsidiary of First Merchants Corporation
First Merchants Corporation
First Merchants Corporation is a regional financial holding company with assets of $4.17 billion headquartered in Muncie, Indiana, comprising a bank, with 79 locations throughout Ohio and Indiana, a trust company, and a multi-line insurance company...
, and is headquartered in Columbus
Columbus, Ohio
Columbus is the capital of and the largest city in the U.S. state of Ohio. The broader metropolitan area encompasses several counties and is the third largest in Ohio behind those of Cleveland and Cincinnati. Columbus is the third largest city in the American Midwest, and the fifteenth largest city...
, and has a regional office in Cincinnati. Commerce provides a variety of banking services to small- and mid-sized businesses.
Within its business-only niche, Commerce National Bank is known for its specialty in health-care finance. This specialty has garnered it the reputation as the bank for dentists, physicians, veterinarians, and other health-care practitioners throughout the Midwest and beyond.
Dr. James Newton, a professor at the Ohio State University
Ohio State University
The Ohio State University, commonly referred to as Ohio State, is a public research university located in Columbus, Ohio. It was originally founded in 1870 as a land-grant university and is currently the third largest university campus in the United States...
, serves as the bank's Chief Economic Adviser. In 2003, First Merchants Corporation
First Merchants Corporation
First Merchants Corporation is a regional financial holding company with assets of $4.17 billion headquartered in Muncie, Indiana, comprising a bank, with 79 locations throughout Ohio and Indiana, a trust company, and a multi-line insurance company...
acquired Commerce National Bank and joined CNB with the other First Merchants affiliate banks.
Commerce National Bank is the second largest bank in the United States bearing the name "Commerce," behind Commerce Bancshares
Commerce Bancshares
Commerce Bancshares, Inc. is a Kansas City, Missouri based U.S. bank holding company with branches of its Commerce Bank in Colorado, Kansas, Missouri, Illinois, and Oklahoma....
, a retail bank headquartered in Kansas City, Missouri
Kansas City, Missouri
Kansas City, Missouri is the largest city in the U.S. state of Missouri and is the anchor city of the Kansas City Metropolitan Area, the second largest metropolitan area in Missouri. It encompasses in parts of Jackson, Clay, Cass, and Platte counties...
.
External links
- Commerce National Bank official site