Springfield, MO – July 8, 2021 – Doug Neff, chairman and CEO, Commerce Bank, Southwest region, announced that Bob Hammerschmidt has transitioned to the Commerce Trust Company as chairman, Commerce Trust Company. After 33 years of work for Commerce, he transitioned June 25th to focus on developing new relationships for Commerce Trust Company throughout the Southwest Region.
Hammerschmidt joined the Commerce organization in 1988 in Columbia, Missouri, then moved to Springfield in 1998. As a veteran in the financial industry, Hammerschmidt’s reputation as a solid banker will continue as he works closely with the Commerce Trust Company team to help deliver their exceptional comprehensive wealth solutions.
A strong advocate of community service, Hammerschmidt’s current involvements included: chairman, Mercy Health System Springfield; chairman Southeast Rotary membership development committee; treasurer Rotary Club of Springfield Southeast Endowment, Inc., board of directors of the Ozark Trails Council endowment, board member for the Springfield Symphony Society and co-chair of the 2021 Compassion Campaign for the Council of Churches of the Ozarks.
Neff said, “The achievements that Bob has had in his career and impact he has had on our market, our community and our Commerce family cannot be measured. His wise and solid approach have been a bedrock for our bank. We are grateful for what Bob has meant to our organization and how he will continue to be a part of the Commerce team, just in a different role, helping develop new relationships for Commerce Trust Company.”
About Commerce Bank
With $33.3 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City and Denver. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis and Grand Rapids. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.
About Commerce Trust Company
Commerce Trust Company, founded in 1906, is a specialized division of Commerce Bank, solely focused on wealth management, investments and planning services for families and institutional clients. With clients in all 50 states and 26 countries, Commerce Trust oversees $62.5 billion in assets under administration, $39.0 billion in assets under management (AUM) and is ranked 17th nationally based on AUM.
1. As of March 31, 2021