Welcome to the Neighborhood Banking Resource Center! We know life’s best moments can come with financial challenges. We’re here to help – whether that’s information, advice or resources to help get you what you need.
At Commerce, we’re committed to the role we play in serving our communities. Our community involvement, inclusion and diversity initiatives, and sustainability efforts are evidence of our commitment to meeting people where they are, learning about their needs and building strong and lasting relationships.
Advocating for the addition of affordable housing options
Enabling non-profits to provide needed services
Helping entrepreneurs to start and grow businesses
Here are a few tools and resources to meet some of the common milestones on your financial journey.
Commerce Free Checking – a no-fee checking account for daily money management
mySpending Card® – a prepaid card to help you avoid overspending
Mobile Banking and Account Alerts – to help you keep track
myRewards Savings – to build your nest egg
Neighborhood Connection™ Home Loan1 – Borrowers in low- and moderate-income census tracts can borrow up to 100% loan-to-value (LTV)2 to purchase or refinance the existing balance on their mortgage, depending on credit score.3 Eligible borrowers receive $5,000 grant7 toward closing costs and down payment4.
Neighborhood Connection™ Home Loan and Neighborhood Connection™ Budget Booster™ Loan provide flexible credit guidelines:
Neighborhood Connection™ Budget Booster™ Loan1 – Offers borrowers in low- and moderate-income census tracts up to 105% LTV2 financing for consolidating debt, home improvements and repairs, depending on credit score.6
Other affordable housing financing options include zero down payment, FHA Fixed Rate Loan, VA Fixed Rate Loan, USDA Rural Housing Loan and Fannie Mae HomeReady®. Ask your Commerce Bank Mortgage Banker for information about these programs.
Down payment assistance may be available to eligible borrowers through Federal Home Loan Bank (FHLB) Home$tart®, Neighborhood Connection™ grant or Missouri Housing Development Commission (MHDC) for Missouri properties, or Oklahoma Housing Finance Agency (OHFA) Gold for Oklahoma properties.
Learn more about Commerce Mortgage solutions
Our Community Home Loan Officers are here to help, too.
Our Community Development staff is also a great resource to help you get started.
Jackie Loya-Torres serves as Community Development Director/Assistant Vice President with Commerce Bank — Kansas City, where she focuses on compliance with the Community Reinvestment Act. In her role at Commerce, Jackie 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 - Jackie serves on the Board of Trustees at Cristo Rey High School Kansas City, as Secretary of the Board of Directors of Community Housing Wyandotte County and on the Executive Committee of Money Smart Kansas City.Email Jackie
Crystal Avery-Morris serves as Community Development Officer with Commerce Bank, in St. Louis, where she focuses on compliance with the Community Reinvestment Act. In her role at Commerce, Crystal is responsible for the bank’s financial education outreach efforts and for many community development initiatives, especially in low to moderate income and underrepresented areas within the St. Louis MSA. As such, Crystal teaches home buyer financial literacy courses in collaboration with HUD organizations. Crystal serves on the Executive Board of the St. Louis Regional Financial Empowerment Coalition and The Haven of Grace, as Treasurer. She is also a member of the Emerson YMCA board and RISE Technical Assistance Committee.Email Crystal