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Columbia, Missouri, January 19, 2007 – Teresa Maledy, president, Commerce Bank, Central Missouri region, recently announced that Jay Alexander has joined Commerce as Vice President, Business Banking. In his position, he is responsible for business development and relationship management related to Commerce’s full line of banking, borrowing and treasury management solutions for Commercial clients. Alexander has 10 years of experience and prior to joining Commerce, served as a commercial lender with another local financial institution.
Alexander earned his bachelor’s degree at University of Missouri – Columbia and received his master’s degree in business administration at William Woods University, Fulton. He is currently completing the Graduate School of Banking Program, University of Wisconsin-Madison.
Active in the community, he serves as board president for Ronald McDonald House Charities of Mid-Missouri and is a member of Rotary Club of Columbia – South and Columbia Chamber of Commerce. Alexander also serves as a volunteer and fundraiser for United Way and Central Missouri Food Bank.
About Commerce Bank
Commerce Bank is the principal subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $15.2 billion regional bank holding company. For more than 140 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its affiliated companies. Commerce currently operates in approximately 350 locations in Missouri, Illinois and Kansas. Commerce also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital and real estate activities.
FOR MORE INFORMATION, CONTACT:
Teresa Maledy, President & Market Manager
Commerce Bank, Central Missouri Region 573-886-5200 or
Teresa.Maledy@commercebank.com
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH
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