St. Louis, MO – Commerce Bank donated $10,000 to Junior Achievement to support youth financial literacy and encourage entrepreneurship in a collaboration with St. Louis-based retailer Arch Apparel. The retailer launched a limited-time Midwest Made Collection the day after Thanksgiving online and in-stores for shoppers who want to showcase Midwest pride. Commerce Bank matched sales from the collection through December 14 for the benefit of Junior Achievement, a nonprofit organization whose mission is to inspire and prepare young people to succeed.
“We are excited Junior Achievement will receive the full $10,000 donation and grateful for the collaboration with Commerce Bank,” said Arch Apparel owner Aaron Park. “It was so successful, we sold out of several items and had to restock to meet the demand,” Park revealed.
The collaboration aligns with Commerce Bank’s goal to help build strong communities. “We believe thriving businesses and investing in youth are two ways to support the communities where we live and work,” says Chuck Kim, executive vice president and chief financial officer (CFO) of Commerce Bancshares, Inc., and Junior Achievement of Greater St. Louis board member. “Highlighting a small business during the holiday shopping season, reaching our goal of a $10,000 donation to Junior Achievement to support youth financial education, and showcasing our Midwest pride in the same effort is the gift that keeps giving.”
About Commerce Bank
With $34.5 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 Arch Apparel
Arch Apparel began in 2016 with a mission to create St. Louis-inspired streetwear. Since it’s founding, the brand has grown beyond just creating t-shirts – it has become a lifestyle brand to promote St. Louis and give its people a vehicle to represent it with high-quality, fashionable items.
About Junior Achievement USA® (JA)
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches more than 2.5 million students per year in 104 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide. Visit www.ja.org for more information.
1 As of September 30, 2021