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Commerce Bank Again Ranks High on the Human Rights Campaign’s Corporate Equality Index

ST. LOUIS – January 27, 2022 – For the second consecutive year, Commerce Bank was recognized by the Human Rights Campaign’s (HRC) Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring company policies and practices related to LGBTQ+ workplace equality. Commerce earned a score of 90.

Commerce Bank strives to be an employer that provides team members every opportunity to bring their best selves to work and grow their career. “We know Commerce Bank is only at its best when our people are,” said Felecia Hogan, senior vice president, diversity, equity and inclusion. “That is why we are committed to holistically supporting our team members through competitive benefits; career development initiatives; diversity, equity and inclusion programming; robust training; and more. The CEI survey sets a high bar, and our ranking reflects how we’ve created a culture where LGBTQ+ team members can have a sense of belonging at Commerce,” she continued.

Nearly 1,300 major U.S. businesses actively participated in the 20th annual CEI survey. The 2022 CEI criteria fall under four central pillars: non-discrimination policies across business entities; equitable benefits for LGBTQ+ workers and their families; supporting an inclusive culture; and corporate social responsibility.

“When the Human Rights Campaign Foundation created the Corporate Equality Index 20 years ago, we dreamed that LGBTQ+ workers—from the factory floor to corporate headquarters, in big cities and small towns—could have access to the policies and benefits needed to thrive and live life authentically,” said Jay Brown, Human Rights Campaign senior vice president of programs, research and training. “We are proud that the Corporate Equality Index paved the way to that reality for countless LGBTQ+ workers in America and abroad,” he shared.

The full report is available online at www.hrc.org/cei.


About Commerce Bank

With $36.7 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.


Disclosures:

1 As of December 31, 2021