St. Louis, MO – January 27, 2020
– Commerce Bank (NASDAQ: CBSH) recently announced Jackie Loya-Torres has been promoted to Assistant Vice President, Community Development Director.
The Community Development Director role continues the work Loya-Torres has been doing for the last five years at Commerce as Community Development Officer, focusing on compliance with the Community Reinvestment Act and acting as a trustworthy and reliable advocate serving the community as well as the bank. She is responsible for the bank’s financial education outreach efforts and for many community development and community relations initiatives, especially in low to moderate income and underrepresented areas of the bank’s footprint.
As Community Development Director, Loya-Torres will meet with community leaders and organizations to keep current with their needs, such as increasing access to home ownership, funding youth education, and encouraging business startups. She will then help guide Commerce in the development of affordable new products and services which better serve these customers. “It’s my job to listen and understand the needs of the community, and then make the introductions to people who can help,” says Loya-Torres.
“We are committed to improving the lives of the communities in which we are located,” says Kevin Barth, Chairman and CEO of Commerce Bank in Kansas City. “We believe everyone should have access to economic opportunities and affordable housing. This is a core belief at Commerce. We look to leaders like Jackie to help us identify important community needs and priorities so we can continue to bring value to all our customers and support the economy of the region.”
Prior to joining Commerce, Loya-Torres worked in the non-profit sector as a program officer with a local charitable foundation, where she oversaw grants allocations to area agencies working on economic security issues for women and girls. Loya-Torres serves on the Board of Trustees at Cristo Rey High School Kansas City, on the Board of Directors of Community Housing Wyandotte County, on the Executive Committee of Money Smart Kansas City and as Co-Chair of Commerce Bank’s Kansas City Inclusion and Diversity Council. She was a 2018 Fellow of the St. Louis Business Diversity Initiative, a program of the St. Louis Regional Chamber of Commerce and is a graduate of Rockhurst University.
About Commerce Bancshares, Inc.
With $26.1 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., the Company currently operates banking facilities in nine key markets including St. Louis, Kansas City, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City and Denver. Commerce Bank 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
1. As of December 31, 2019