ST. LOUIS – Commerce Bank was recently named to Newsweek’s inaugural America’s Best Regional Banks and Credit Unions 2024 list and scored a 4.5-star rating on a 5-star scale. Newsweek and data firm Plant-A Insights Group analyzed approximately 9,440 institutions, surveyed over 35,000 customers and collected more than 149 million online reviews to rank the top 250 regional banks and 250 credit unions in the United States.
Additional parameters used in the ranking covered various aspects including profitability, financial relevance, risk exposures to financial uncertainties and overall health and stability of the financial institution. “Regional banks and credit unions play a pivotal role in the financial fabric of communities nationwide,” according to Newsweek. The publication recognizes that, “these institutions are deeply rooted in local economies, understanding the unique needs of the people they serve.”
“We are honored to be named by Newsweek as one of the best regional banks in the country, and it’s particularly meaningful given the challenges faced by the banking industry over the past year,” said John Kemper, president and chief executive officer, Commerce Bancshares, Inc. “This recognition reflects our commitment to the communities we serve, the strength and dedication of the Commerce team, and the deep relationships we share with our customers. The strength of our franchise is underpinned by a nearly 160-year culture that enables our continued success.”
View more information and the full list here.
About Commerce Bancshares, Inc.
With $31.4 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages nearly 160 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.
1As of September 30, 2023