Commerce Bancorp - History

History

The company was founded in 1973 by fast-food restaurant franchise owner Vernon Hill, a graduate of the Wharton School of the University of Pennsylvania. Hill sought to bring fast food convenience to banking and expanded Commerce from one location to over 435 in thirty-three years. With growth of over sixty-five new stores opening annually, the company had planned to reach at least 800 stores by 2010. During the early-mid 2000s, television advertisements for Commerce Bank featured Kelly Ripa and Regis Philbin.

Read more about this topic:  Commerce Bancorp

Famous quotes containing the word history:

    In history the great moment is, when the savage is just ceasing to be a savage, with all his hairy Pelasgic strength directed on his opening sense of beauty;—and you have Pericles and Phidias,—and not yet passed over into the Corinthian civility. Everything good in nature and in the world is in that moment of transition, when the swarthy juices still flow plentifully from nature, but their astrigency or acridity is got out by ethics and humanity.
    Ralph Waldo Emerson (1803–1882)

    As History stands, it is a sort of Chinese Play, without end and without lesson.
    Henry Brooks Adams (1838–1918)

    We have need of history in its entirety, not to fall back into it, but to see if we can escape from it.
    José Ortega Y Gasset (1883–1955)