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commercebank com checks

If you have received Main Street, Inc. checks before, you can order by calling us at (662) 286-5577, by calling Main Street, Inc. at (800) 482-. We called the support number and were told to take the check to the branch for deposit. Something seems to have changed that makes the mobile deposit less. This economical checking account covers all the basics and gives you unlimited check writing. For students through college age, it's free, with no monthly.

Commercebank com checks -

May lose value

Personal Checking

Picture of traveling man looking at tablet.

All Personal Checking Accounts include the following benefits: 

  • No annual fee VISA debit card 
  • Free Online Banking, Mobile Banking, Bill Pay & eStatements
  • Free Commerce State Bank logo checks# 

EZ Checking*

Additional Benefit
  • Rebate of ATM fees up to $10 per statement cycle
Qualifications
  • $250 average monthly balance or Direct Deposit or Commerce State Bank mortgage or Commerce State Bank CD/IRA

$10 monthly service charge if qualifications are not met. Monthly service charge for Student Accounts will be waived until age 24. 

Best Interest Checking*

Additional Benefits
  • Rebate of ATM fees up to $15 per statement cycle
  • Premium interest rate earned on balances up to $25,000
Qualifications
  • At Least Ten (10) Debit Card Point of Sale (POS) Transactions** and
  • At Least One (1) Posted and Cleared Direct Deposit or Bill Pay**

$12 service charge and reduced interest rate if qualifying transactions do not process and post to the account within the statement cycle.

Incentive Checking*

Additional Benefits  
  • Interest earned on monthly checking balance
  • Unlimited rebate of ATM fees per statement cycle
  • 0.20% interest rate bump on a linked Money Market account^
    [Click Here for Rate Info]
Qualifications
  • $2,500 average monthly balance and
  • $50,000 relationship balances (Personal CDs, Personal Bump-Up CDs, Commerce IRA CDs, Commerce Choice Money Market, High Yield Index Savings, Commerce Savings) 

$15 monthly service charge and loss of interest rate bump on a linked Money Market Account if qualifications are not met.

[Click to go Back]

#Limit one box of free Commerce State Bank logo checks annually.
*Refer to the Deposit Account Terms and Conditions and Fee Schedule disclosure for more detailed information about the products and services. A transaction includes deposits and other credits, checks paid and other debits, ACH and deposited items, and signature and PIN-based purchases made with a Commerce State Bank VISA debit card. No minimum opening deposit is required on all personal checking accounts. The Commerce State Bank Mobile app is free to download. Your mobile carrier may charge access fees depending upon your individual plan. Web access is needed to use Mobile app.
**At least ten (10) posted and cleared debit card purchase transactions (debit card Point of Sale (POS) transactions do not include ATM withdrawals), and at least one (1) posted and cleared direct deposit or bill pay.
^You will receive an interest rate bump on one Commerce Choice Money Market Account. To earn the bump, you must maintain a minimum average checking balance of $2,500.00 AND a combined relationship balance of at least $50,000.00 in qualifying accounts: Personal CDs, Personal Bump-Up CDs, Commerce IRA CDs, Commerce Choice Money Market, High Yield Index Savings and Commerce Savings. Refer to the Truth in Savings Disclosure for more information.

Источник: https://www.commercestatebank.com/personal/checking
No bank guarantee
Investing involves risk. There is always the potential of losing money when you invest in securities.
Commerce Trust does not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
Past performance is no guarantee of future results.
Information or data from third parties is considered to be from reliable sources but is not guaranteed.

Источник: https://www.commercetrustcompany.com/private-wealth-management/our-approach/private-banking/checking-and-savings
Schussheim v Commerce Bank
2008 NY Slip Op 28312 [21 Misc 3d 316]
September 2, 2008
Goodsell, J.
District Court Of Nassau County, Second District
Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.
As corrected through Wednesday, October 22, 2008


[*1]
Cheryl Schussheim, Plaintiff,
v
Commerce Bank, Defendant.

District Court of Nassau County, Second District, September 2, 2008

APPEARANCES OF COUNSEL

Cheryl Schussheim, plaintiff pro se. Zeichner, Ellman & Krause LLP, New York City, for defendant.

{**21 Misc 3d at 317} OPINION OF THE COURT

David Goodsell, J.

Trial Decision

The plaintiff in this small claims case seeks to recover damages resulting from the failure of the defendant, Commerce Bank, to notify her of an escheating of funds to the Comptroller of the State of New York. The defendant counterclaimed for damages stemming from the failure of the plaintiff to adhere to the deposit account rules and regulations of the defendant which the defendant claimed plaintiff agreed to follow.

The plaintiff purchased three official bank checks from her local branch of Commerce Bank on October 27, 2003, totaling $9,500 payable to herself. Again, on November 25, 2003, the plaintiff returned to her local bank branch of Commerce Bank and obtained three additional official bank checks totaling $9,502.41 payable to herself. The plaintiff failed to utilize the checks immediately and essentially forgot about the checks.

On September 12, 2007, Commerce Bank, pursuant to its established policy, notified the plaintiff by letter of the failure of check 420-02145 in the amount of $3,502.41 to be cashed. Apparently, the bank only notifies known bank check holders of undeposited bank checks when the amount of the check exceeds $3,500. The plaintiff had the proceeds of check 420-02145 deposited to her account at Commerce Bank without locating and depositing the check.

The plaintiff now reminded of the existence of the bank checks, searched for and later located all six checks and deposited them on March 31, 2008. The defendant initially failed to honor the deposits and charged bank fees on all six outstanding checks but reversed the bank charges and redeposited $15,500 into the account of the plaintiff.

Plaintiff now brings an action for damages based upon the failure of the defendant to notify her pursuant to Abandoned Property Law § 1422. The statute requires notification to the owner of record that unclaimed funds will be turned over to the State Comptroller's office. Notice under Abandoned Property Law § 1422 must be sent not less than 90 days before the reporting date declaring the property to be abandoned as specified in Abandoned Property Law § 401.

The contention of the plaintiff, an attorney, that damages are owed due to the failure of the bank to notify her is based upon{**21 Misc 3d at 318} the notion that had she been notified in accordance with the statute she would have located the checks in a timely basis which deprived her of the right to collect interest on her money.

However, Abandoned Property Law § 1422 fails to specify any penalty for a failure to notify the owner. In fact, the only reference in Abandoned Property Law § 1422 to a failure to comply with the provisions of the section is set forth in subdivision (4) which states: "The failure of any holder of abandoned property to comply with the requirements of this section shall not in any way affect the reporting of abandoned property pursuant to the provisions of this chapter."

Clearly, under Abandoned Property Law § 300 (1) (c) banks are required to treat unnegotiated bank checks over three years old as abandoned property triggering a requirement under Abandoned Property Law § 401 to report such abandoned property to the Comptroller and to make delivery of such abandoned property under Abandoned Property Law § 303 to the Comptroller. Here, the bank admitted it did not notify the defendant on the escheating of any checks except No. 420-02145 since the bank had a threshold amount before notification.

The only penalty for noncompliance with the requirements of the Abandoned Property Law contained in the statute is set forth in Abandoned Property Law § 1412. Penalties may be assessed by the State of New York for noncompliance administratively to be paid to New York State.

No reported cases have addressed the particular issue raised by the plaintiff in this action. However, the Appellate Division, First Department, found in the case of a court ordered settlement held in an interest bearing custodian account for the benefit of an infant that the bank was not responsible for any damages resulting from a declaration that the account was abandoned and the turning over the account to the Comptroller pursuant to Abandoned Property Law § 303. (Klein v North Side Sav. Bank, 24 AD2d 106 [1st Dept 1965].)

The court in Klein noted no actionable wrong occurred by turning over the account which appeared inactive to the New York State Comptroller. Where "[n]o practical injustice or serious inconvenience" results no basis exists for recovery (24 AD2d at 108).

In the present case, the bank clearly failed to comply with the statutory notification requirements. However, the plaintiff herself remained in control of the checks without taking action{**21 Misc 3d at 319} upon them. No wrong occurred because the bank failed to notify her of the continued nonuse of the bank checks since control over the bank checks remained with the plaintiff. Even after being alerted to the escheating of check 420-02145, the plaintiff did not present any checks (including check 420-02145) for deposit for over six months. The fact that the checks when located and deposited initially were not honored might be considered a monetary loss. However, the bank charges were reversed in conjunction with the restoration of the money to plaintiff.

The purpose of the abandoned property statute is to protect the lost or forgotten property. The plaintiff received the protection of the statute by receiving the money originally used to purchase the bank checks, and all bank fees resulting from the initial bouncing of the checks. Therefore, the plaintiff has been made whole, and no damages demonstrated. The mere violation of a statute without a statutory penalty or without a show of actual damages cannot form the basis of a recovery. The allegations of lost interest by the plaintiff are unsupported and speculative.

The claim for damages from lost interest is inconsistent with the fact that the escheated money represented by the bank checks does not yield interest. It should be noted Abandoned Property Law § 1405 prohibits the State Comptroller from paying interest on money held where the money does not otherwise earn interest. Likewise, the bank should not be compelled to pay interest on noninterest bearing moneys held.

"Substantial justice," the legal standard in small claims actions, has been met by the plaintiff requiring dismissal of the action. Allowing the recovery of interest for any period of time would place the bank in the position of chasing after customers to make certain checks get negotiated timely. Such a result is both untenable and does not address the need for customers to assume responsibility for management of their own money.

The counterclaim is likewise dismissed as the defendant failed to prove any contractual breach by the plaintiff of the account rules and regulations of the bank.

Источник: https://www.nycourts.gov/REPORTER/3dseries/2008/2008_28312.htm

Frequently Asked Questions

Why is TD Banknorth's name changing?

In 2008, TD Bank Financial Group acquired Commerce Bank. Commerce Bank and TD Banknorth have joined together to become TD Bank, America's Most Convenient Bank®. Last fall TD Bank was introduced to the Mid-Atlantic with over 500 locations from New York to Florida. This fall TD Banknorth will become TD Bank, America's Most Convenient Bank, now with more than 1,000 locations from Maine to Florida.

When are your signs changing?

This fall you will see TD Bank signs on TD Banknorth locations and ATMs throughout New England and upstate New York.

Are you changing your name on everything?

Yes, this fall TD Banknorth will become TD Bank, America's Most Convenient Bank and will be reflected on all of our banking materials.

Does that mean I can go into any TD Bank location for service on my TD Banknorth account, even if it used to be a Commerce Bank?

This fall you will be able to bank at any TD Bank location from Maine to Florida.

For now, full-service banking for TD Banknorth customers is available at all TD Banknorth branches, plus TD Bank locations in Connecticut, Delaware, New Jersey, Pennsylvania and parts of New York. At our TD Bank locations in Florida, Metro Washington D.C. and Long Island, New York, you can do most of the same transactions that you can do in our Mid-Atlantic TD Bank locations.

What about the ATMs? Can I use any TD Bank ATM?

Yes, now you can use any of the more than 5,000 TD No-Fee ATMs in North America!

Do I need to change my checks or debit card in order to bank at a TD Bank location?

There's no need to change these. Continue to use your TD Banknorth checks and debit card at any TD Banknorth or TD Bank location/ATM.

Has your website changed?

You can continue to visit this web address – TDBanknorth.com – for information about TD Banknorth products and services, to access online banking, or apply for a new TD Banknorth account. Plus, soon you'll enjoy enhanced features with Online Banking and Bill Pay.

Watch for exciting updates as we continue to Build The Better Bank for you!

For more information

For immediate assistance or to learn more about your accounts please:
Источник: https://www.tdbank.com/bank/merger_faq.html

First Commerce Credit Union

You deserve great banking. And great banking means checking with conveniences such as mobile banking and real-time text alerts. Bank less and do more with a First Commerce checking account designed for your life. Whether you're opening your first checking account or looking for an account that gives you more benefits, we can help. Save money without even trying at First Commerce!

To open a checking account, you must have $5 or more in a First Commerce Savings Account plus the minimum required deposit based on the checking account you select. Plus, when you open your account, we'll get your MasterCard debit card in your hands right away with instant issue.Secure Your MasterCard online - Protect your cards with your own personal password so only you can purchase items online.

Open your account online or for more information or help, call 850.488.0035 or 1.800.533.5772 or visit any of our locations.

Learn how to reach your financial goals with free financial education from the FCCU Foundation and our partner EverFi!

Источник: https://www.firstcommercecu.org/bank/checking/

Commerce Bank is a mid-sized commercial and personal bank based in Missouri, with additional locations in parts of Colorado, Kansas, Illinois and Oklahoma. It offers a wide variety of financial products, including checking accounts, savings accounts, certificates of deposits, credit cards, mortgages and consumer loans. 

While interest rates at Commerce Bank beat some of the country’s biggest banks, they are not especially high. Interest rates on Commerce Bank savings accounts are quite low, while CDs offer a somewhat higher return. Commerce Bank’s limited regional footprint and ATM network make it a poor choice for anyone outside of its core states of Missouri and Nebraska.

Products Offered

ProductKey Details
Savings Account
  • Two account options available
  • Waivable monthly fees 
  • Three free withdrawals per month, $2 service fee for additional withdrawals
Certificates of Deposit
  • Minimum opening deposit of $1,000
  • Terms ranging from three months to five years
  • Interest compounded daily
Money Market Accounts
  • No minimum opening deposit
  • Waivable monthly service charge of $6
  • Higher rate “premium” programs available for larger deposits
Checking Account
  • Four account options available
  • Minimum opening deposit of $100
  • Waivable monthly service fees
  • Free Visa debit card

Commerce Bank Interest Rate Comparison

Commerce Bank Overview

With retail branches in Colorado, Kansas, Missouri, Illinois and Oklahoma, Commerce Bank is the 48th-largest bank in the United States. Though it got its start the same year the Civil War ended (1865), Commerce Bank has changed substantially over the past 150 years.

Today it is a full-service bank, offering customers a wide range of ways to save and invest. In addition to its hundreds of brick-and-mortar locations, Commerce Bank provides free online and mobile banking services. Its mobile app has a 4.6-star rating in the Apple store, with over 30,000 ratings.

Commerce Bank Account Features

Whether you’re interested in a savings account, a checking account or something more complicated, you are likely to encounter a few common traits with your Commerce Bank account. The first is a low minimum deposit - with the exception of its CDs and retirement accounts, no Commerce Bank account has a minimum opening deposit greater than $100.

On the other hand, once you open your account you are likely to face a monthly service fee of $5 to $10, unless you increase your total deposit or set up a regular direct deposit to your account. For instance, a minimum monthly deposit of $25 is enough to avoid the fee for a myRewards Savings Account.

Most savers are interested in the return their money is earning. Don’t expect to get rich off your savings at Commerce Bank, as rates on savings accounts, CDs and money market accounts are generally less than 1%.

Another note: Commerce Bank does not automatically include account holders in a free national ATM network. This means that you will likely have to pay a fee to access your money outside of the states where Commerce Bank has its own ATMs (Colorado, Kansas, Missouri, Illinois and Oklahoma). The one exception is customers with a CommerceRelationship Checking Account, which requires an average deposit of at least $5,000, or an average total deposit among all Commerce Bank accounts of $15,000.

Compare Commerce Bank to Other Competitive Offers

Commerce Bank myRewards Savings Account

Key FeaturesDetails
Minimum Deposit
Access to Your Savings AccountOnline, mobile, at branches and ATMs. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates0.01% APY

An FDIC-insured Commerce Bank savings account is a good place to keep your money safe, but don’t expect to be blown away by the interest that money earns. This isn’t particularly a knock on Commerce Bank, as its rates aren’t much off the national average and are similar to many large banks like Chase. 

That being said, there are other perks to the savings account that may keep some customers happy. For starters, you don’t need anything in your piggy bank to open one and you can avoid the monthly $3 service fee by maintaining a balance of $300 or making regular electronic deposits of at least $25.

Commerce Bank also offers standard free features like online banking and the use of its mobile app. However, ATM use and withdrawals are somewhat limited. Savings Account holders can make three free withdrawals or transfers per month before a $2 transaction fee kicks in.

Account holders who make 11 consecutive monthly deposits (the bonus is the average of these deposits) and fewer than four withdrawals all year will receive a bonus of up to $100. Note that to be eligible for the bonus, you must also have a checking account with Commerce Bank.

Commerce Bank Certificates of Deposit

Key FeaturesDetails
Minimum Deposit
  • Accounts less than one year: $2,500
  • Accounts one year and over: $1,000
Access to Your CD AccountOnline, mobile and at branches. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates
  • 3 Month: 0.05% APY
  • 6 Month: 0.05% APY
  • 1 Year: 0.10% APY
  • 2 Year: 0.15% APY
  • 3 Year: 0.20% APY
  • 4 Year: 0.25% APY
  • 5 Year: 0.30% APY

A certificate of deposit is a savings vehicle that trades the flexibility of savings account for a higher return on your money. By agreeing not to withdraw your money for a set period of time, you can earn a higher interest rate. The longer the period, the higher the rate.

Commerce Bank offers CDs in terms of three months, six months and one-year increments up to five years. Rates range from 0.05% up to 0.30%. In general, these are not the highest rates available for certificates of deposit.

Likewise, Commerce Bank does not offer the variety of CDs available at many other banks. While many banks offer CDs in six-month increments up to five years, and CDs with flexible rates or the ability to add funds after one year, Commerce Bank does not go beyond the more traditional CDs.

Commerce Bank Money Market Account

Key FeaturesDetails
Minimum Deposit
  • myRewards Money Market: $0
  • Premium Money Market Account: $1,000
  • CommerceOptionsSM Premium Money Market Account: $1,000
Access to Your Money Market AccountOnline, mobile and at branches. 
SecurityNo service charges, penalties for early withdrawal.
Fees
  • myRewards Money Market and Investment Savings Money Market: $6 monthly fee, waivable with one of the following
    • Maintain a minimum balance of $500
    • Maintain an average monthly balance of $1,000 or higher
    • Set up monthly electronic deposit of at least $25
  • Premium Money Market: $10 monthly fee, waived with average balance of at least $5,000
Current Terms and Rates
  • myRewards Money Market: 0.01%
  • Premium Money Market Account
    • Account balances below $25,000: 0.01% APY
    • Account balances of $25,000 - $49,999: 0.03% APY
    • Account balances of $50,000 and over: 0.05%

Money Market accounts at Commerce Bank offer the possibility of higher rates than a savings account, with many of the same features, and the ability to write a limited number of checks every month. The main qualification is that to maintain a money market account without paying fees and to take advantage of the higher rates, you need to deposit a lot more money than you would with a basic savings account.

For instance, Commerce Bank’s Premium Money Market Account offers the highest rates of the bank’s money market and savings accounts. But to attain those high rates, one needs to deposit at least $10,000. The highest possible rate is 0.05%, but requires an average monthly deposit in the six figures. Interest compounds monthly on Commerce Bank’s money market accounts.

That being said, none of these rates are particularly high. For example, an account with $5,000 in it would earn $0.50 per year in interest at a rate of 0.01%.

Commerce Bank Checking Account

Key FeaturesDetails
Minimum Deposit$100
Access to Your Checking AccountOnline, mobile, branches and ATMs.
SecurityNo service charges, penalties for early withdrawal.
Fees
  • CommerceBasic Checking: $8 monthly service fee, waivable with one of the following
    • At least one direct deposit of $300 or more per month
    • 10 debit card purchases per month
  • CommerceInterest Checking: $10 monthly service fee, waivable with one of the following
    • One direct deposit of at least $500
    • Maintain a daily balance of $1,000
  • CommerceRelationship Checking: $20 monthly service fee, waivable with one of the following
    • $5,000 minimum balance
    • $15,000 minimum balance across all Commerce Bank accounts
Current Terms and Rates
  • CommerceInterest Checking: 0.01% APY
  • CommerceRelationship Checking:
    • Account balances below $1,000: 0.01% APY
    • Account balances of $1,000 and over: 0.01% APY

There are a wide variety of checking account options at Commerce Bank, though they are similar in most regards. All accounts have a monthly service fee that is waived based on either a monthly direct deposit or a minimum daily balance. The most basic checking account, for example, CommerceBasic Checking, has an $8 monthly service fee that is waived for accounts with a direct deposit of $300 or 10 debit card purchases per month.

In addition to the service fee, checking accounts with Commerce Bank face overdraft fees when accounts are drawn below zero dollars. The basic fee is $37 per transaction below $0. You can elect to enroll in one of two overdraft protection services. One will transfer funds from a linked Commerce Bank account, at a cost of $12 per transaction. The other makes a cash advance from a linked credit card, at a cost of 5% of the advance, plus interest on the debt.

Several Commerce Bank checking account types pay interest on deposits. CommerceInterest Checking pays an interest rate of 0.01% APY on deposits. CommerceRelationship Checking pays interest of 0.01% for accounts of $1,000 or more, and 0.01% for accounts below that threshold. Accounts with less than $5,000 are subject to a $20 service fee, however (unless they are linked to other Commerce Bank accounts with total deposits of over $15,000).

As noted above, Commerce Bank does not enroll customers in any kind of national ATM network. Accessing non-Commerce Bank ATMs costs $2.75 per transaction, plus any fees charged by the ATM owner.  CommerceRelationship Account holders are exempted from these fees, and Commerce Bank refunds other banks’ ATM fees up to a total of $10 per month.

Where Can I Find Commerce Bank?

Commerce Bank does business in five states: Colorado, Kansas, Missouri, Illinois and Oklahoma. However, it does not have locations throughout all parts of those states. It does not have any locations in Chicago. Most of its locations are in Missouri.

What Can You Do Online With Commerce Bank?

Most online banking features are available for free through the Commerce Bank website. Customers can check account balances, transfer money between accounts, open new accounts and access recent transactions for credit and debit cards.

How Do I Access My Money?

There are a number of ways to access your money with Commerce Bank. If you are in Missouri or one of Commerce Banks other states, you can visit a Commerce Bank ATM and withdraw money with your debit card. (Other ATMs will likely cost several dollars in fees.) Likewise, you can access your money by visiting a Commerce Bank location.

On the road? Commerce Bank has a mobile app, with which you can check your account balances, transfer money and make deposits. Commerce Bank checking accounts also come with debit cards, with which you can make purchases.

How Can I Save More Money With Commerce Bank?

Commerce Bank does not offer particularly high rates. If a high return on your savings is your goal, your best option would be a certificate of deposit. Rates currently sit at 0.10% for a one-year CD, or 0.30% for a five-year CD. 

With a CD, your money is locked in for the duration of the term so you will not be able to take advantage of higher rates if they happen to change.

What’s the Process for Opening an Account With Commerce Bank?

The process to open a Commerce Bank account online is fairly simple. On its website, choose the type of account you would like to open. From there, you have to provide some information about yourself, such as your Social Security number and date of birth. 

After agreeing to a number of legal disclosures, you make an initial minimum deposit (usually $25 - $100) and your account is open. Remember that most accounts need a greater minimum balance to avoid the monthly service fee however, so make sure you adequately fund your account.

What’s the Catch?

Commerce Bank’s geographic footprint is limited to a handful of states, with most of its locations in Missouri and Nebraska. Furthermore, it does not provide customers with free access to a national ATM network. In short, if you are outside of these states, accessing your money will be a challenge.

Bottom Line

Commerce Bank offers a wide variety of financial products, making it a convenient one-stop shop for people who do not want to juggle accounts at multiple banks. However, it does not offer particularly high interest rates and its assortment of fees (including ATM fees) are not especially consumer-friendly.

Источник: https://smartasset.com/checking-account/commerce-bank-banking-review

Commercebank com checks -

Mobile Banking

You now can enjoy safe and convenient account access directly from your mobile phone.  Like our Online Banking service, Mobile Banking is available to all of our customers.  Whether you’re traveling, out and about running errands, at work or at home, Mobile Banking can be used at anytime from anywhere.  Enjoy the peace of mind knowing your account information is within reach whenever you need it.  Monitor your account whenever you like and make a transaction whenever you need to, our mobile banking service gives you more control over your money.Dude

With Mobile Banking you can:

  • Check your account balances
  • View account transaction history
  • Transfer funds between Commerce Bank Texas accounts, including payments toward loans
  • Schedule payments to existing Online Bill Pay payees
  • Utilize Popmoney® for person-to-person payments1
  • Deposit checks to your CBT deposit accounts2

For more information about CBT Mobile Banking, please visit our Mobile Banking FAQ.  For a list of compatible devices click Certified Phones.

1Fees will apply

2Deposit checks to your CBT deposit accounts anywhere within the United States.

Mobile carrier's text messaging and web access charges (data rates) may apply.

Mobile Check Deposit

Mobile Check Deposit Mobile Check Deposit allows you to make deposits using the Commerce Bank Texas Mobile Banking app on your iPhone® or Android™ cell phone. You can make deposits as late as 5:00 pm Central Time and have access to your money within two Business Days.

Consumer Capture

For more information about CBT Mobile Deposit, please visit our Mobile Deposit FAQs and view the Mobile Check Deposit Service Agreement.  If you have any questions please call our Help Desk at 830-996-3125, Mon-Fri from 8:30 am-4:30 pm or stop into your local branch.

Bill Pay and Popmoney®

Online Banking Bill Pay and Popmoney can both be accessed using the Mobile Banking App.  For more information on these services, see Bill Pay under Online Banking.

CardValet®

Take Charge of Your Debit Card with CardValet® Mobile App. 

  • Turn your card on or off
  • Set locations where your card can be used
  • Restrict transactions based on merchant type
  • Establish transaction amount limits
  • Enable alerts for certain transaction type

For more information, please see our CardValet App.

 

 

Источник: https://www.commercebanktx.com/mobile.aspx
No bank guarantee
Investing involves risk. There is always the potential of losing money when you invest in securities.
Commerce Trust does not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
Past performance is no guarantee of future results.
Information or data from third parties is considered to be from reliable sources but is not guaranteed.

Источник: https://www.commercetrustcompany.com/private-wealth-management/our-approach/private-banking/checking-and-savings
May lose value

First Commerce Credit Union

You deserve great banking. And great banking means checking with conveniences such as mobile banking and real-time text alerts. Bank less and do more with a First Commerce checking account designed for your life. Whether you're opening your first checking account or looking for an account that gives you more benefits, we can help. Save money without even trying at First Commerce!

To open a checking account, you must have $5 or more in a First Commerce Savings Account plus the minimum required deposit based on the checking account you select. Plus, when you open your account, we'll get your MasterCard debit card in your hands right away with instant issue.Secure Your MasterCard online - Protect your cards with your own personal password so only you can purchase items online.

Open your account online or for more information or help, call 850.488.0035 or 1.800.533.5772 or visit any of our locations.

Learn how to reach your financial goals with free financial education from the FCCU Foundation and our partner EverFi!

Источник: https://www.firstcommercecu.org/bank/checking/

Commerce Bank is a mid-sized commercial and personal bank based in Missouri, with additional locations in parts of Colorado, Kansas, Illinois and Oklahoma. It offers a wide variety of financial products, including checking accounts, savings accounts, certificates of deposits, credit cards, mortgages and consumer loans. 

While interest rates at Commerce Bank beat some of the country’s biggest banks, they are not especially high. Interest rates on Commerce Bank savings accounts are quite low, while CDs offer a somewhat higher return. Commerce Bank’s limited regional footprint and ATM network make it a poor choice for anyone outside of its core states of Missouri and Nebraska.

Products Offered

ProductKey Details
Savings Account
  • Two account options available
  • Waivable monthly fees 
  • Three free withdrawals per month, $2 service fee for additional withdrawals
Certificates of Deposit
  • Minimum opening deposit of $1,000
  • Terms ranging from three months to five years
  • Interest compounded daily
Money Market Accounts
  • No minimum opening deposit
  • Waivable monthly service charge of $6
  • Higher rate “premium” programs available for larger deposits
Checking Account
  • Four account options available
  • Minimum opening deposit of $100
  • Waivable monthly service fees
  • Free Visa debit card

Commerce Bank Interest Rate Comparison

Commerce Bank Overview

With retail branches in Colorado, Kansas, Missouri, Illinois and Oklahoma, Commerce Bank is the 48th-largest bank in the United States. Though it got its start the same year the Civil War ended (1865), Commerce Bank has changed substantially over the past 150 years.

Today it is a full-service bank, offering customers a wide range of ways to save and invest. In addition to its hundreds of brick-and-mortar locations, Commerce Bank provides free online and mobile banking services. Its mobile app has a 4.6-star rating in the Apple store, with over 30,000 ratings.

Commerce Bank Account Features

Whether you’re interested in a savings account, a checking account or something more complicated, you are likely to encounter a few common traits with your Commerce Bank account. The first is a low minimum deposit - with the exception of its CDs and retirement accounts, no Commerce Bank account has a minimum opening deposit greater than $100.

On the other hand, once you open your account you are likely to face a monthly service fee of $5 to $10, unless you increase your total deposit or set up a regular direct deposit to your account. For instance, a minimum monthly deposit of $25 is enough to avoid the fee for a myRewards Savings Account.

Most savers are interested in the return their money is earning. Don’t expect to get rich off your savings at Commerce Bank, as rates on savings accounts, CDs and money market accounts are generally less than 1%.

Another note: Commerce Bank does not automatically include account holders in a free national ATM network. This means that you will likely have to pay a fee to access your money outside of the states where Commerce Bank has its own ATMs (Colorado, Kansas, Missouri, Illinois and Oklahoma). The one exception is customers with a CommerceRelationship Checking Account, which requires an average deposit of at least $5,000, or an average total deposit among all Commerce Bank accounts of $15,000.

Compare Commerce Bank to Other Competitive Offers

Commerce Bank myRewards Savings Account

Key FeaturesDetails
Minimum Deposit
Access to Your Savings AccountOnline, mobile, at branches and ATMs. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates0.01% APY

An FDIC-insured Commerce Bank savings account is a good place to keep your money safe, but don’t expect to be blown away by the interest that money earns. This isn’t particularly a knock on Commerce Bank, as its rates aren’t much off the national average and are similar to many large banks like Chase. 

That being said, there are other perks to the savings account that may keep some customers happy. For starters, you don’t need anything in your piggy bank to open one and you can avoid the monthly $3 service fee by maintaining a balance of $300 or making regular electronic deposits of at least $25.

Commerce Bank also offers standard free features like online banking and the use of its mobile app. However, ATM use and withdrawals are somewhat limited. Savings Account holders can make three free withdrawals or transfers per month before a $2 transaction fee kicks in.

Account holders who make 11 consecutive monthly deposits (the bonus is the average of these deposits) and fewer than four withdrawals all year will receive a bonus of up to $100. Note that to be eligible for the bonus, you must also have a checking account with Commerce Bank.

Commerce Bank Certificates of Deposit

Key FeaturesDetails
Minimum Deposit
  • Accounts less than one year: $2,500
  • Accounts one year and over: $1,000
Access to Your CD AccountOnline, mobile and at branches. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates
  • 3 Month: 0.05% APY
  • 6 Month: 0.05% APY
  • 1 Year: 0.10% APY
  • 2 Year: 0.15% APY
  • 3 Year: 0.20% APY
  • 4 Year: 0.25% APY
  • 5 Year: 0.30% APY

A certificate of deposit is a savings vehicle that trades the flexibility of savings account for a higher return on your money. By agreeing not to withdraw your money for a set period of time, you can earn a higher interest rate. The longer the period, the higher the rate.

Commerce Bank offers CDs in terms of three months, six months and one-year increments up to five years. Rates range from 0.05% up to 0.30%. In general, these are not the highest rates available for certificates of deposit.

Likewise, Commerce Bank does not offer the variety of CDs available at many other banks. While many banks offer CDs in six-month increments up to five years, and CDs with flexible rates or the ability to add funds after one year, Commerce Bank does not go beyond the more traditional CDs.

Commerce Bank Money Market Account

Key FeaturesDetails
Minimum Deposit
  • myRewards Money Market: $0
  • Premium Money Market Account: $1,000
  • CommerceOptionsSM Premium Money Market Account: $1,000
Access to Your Money Market AccountOnline, mobile and at branches. 
SecurityNo service charges, penalties for early withdrawal.
Fees
  • myRewards Money Market and Investment Savings Money Market: $6 monthly fee, waivable with one of the following
    • Maintain a minimum balance of $500
    • Maintain an average monthly balance of $1,000 or higher
    • Set up monthly electronic deposit of at least $25
  • Premium Money Market: $10 monthly fee, waived with average balance of at least $5,000
Current Terms and Rates
  • myRewards Money Market: 0.01%
  • Premium Money Market Account
    • Account balances below $25,000: 0.01% APY
    • Account balances of $25,000 - $49,999: 0.03% APY
    • Account balances of $50,000 and over: 0.05%

Money Market accounts at Commerce Bank offer the possibility of higher rates than a savings account, with many of the same features, and the ability to write a limited number of checks every month. The main qualification is that to maintain a money market account without paying fees and to take advantage of the higher rates, you need to deposit a lot more money than you would with a basic savings account.

For instance, Commerce Bank’s Premium Money Market Account offers the highest rates of the bank’s money market and savings accounts. But to attain those high rates, one needs to deposit at least $10,000. The highest possible rate is 0.05%, but requires an average monthly deposit in the six figures. Interest compounds monthly on Commerce Bank’s money market accounts.

That being said, none of these rates are particularly high. For example, an account with $5,000 in it would earn $0.50 per year in interest at a rate of 0.01%.

Commerce Bank Checking Account

Key FeaturesDetails
Minimum Deposit$100
Access to Your Checking AccountOnline, mobile, branches and ATMs.
SecurityNo service charges, penalties for early withdrawal.
Fees
  • CommerceBasic Checking: $8 monthly service fee, waivable with one of the following
    • At least one direct deposit of $300 or more per month
    • 10 debit card purchases per month
  • CommerceInterest Checking: $10 monthly service fee, waivable with one of the following
    • One direct deposit of at least $500
    • Maintain a daily balance of $1,000
  • CommerceRelationship Checking: $20 monthly service fee, waivable with one of the following
    • $5,000 minimum balance
    • $15,000 minimum balance across all Commerce Bank accounts
Current Terms and Rates
  • CommerceInterest Checking: 0.01% APY
  • CommerceRelationship Checking:
    • Account balances below $1,000: 0.01% APY
    • Account balances of $1,000 and over: 0.01% APY

There are a wide variety of checking account options at Commerce Bank, though they are similar in most regards. All accounts have a monthly service fee that is waived based on either a monthly direct deposit or a minimum daily balance. The most basic checking account, for example, CommerceBasic Checking, has an $8 monthly service fee that is waived for accounts with a direct deposit of $300 or 10 debit card purchases per month.

In addition to the service fee, checking accounts with Commerce Bank face overdraft fees when accounts are drawn below zero dollars. The basic fee is $37 per transaction below $0. You can elect to enroll in one of two overdraft protection services. One will transfer funds from a linked Commerce Bank account, at a cost of $12 per transaction. The other makes a cash advance from a linked credit card, at a cost of 5% of the advance, plus interest on the debt.

Several Commerce Bank checking account types pay interest on deposits. CommerceInterest Checking pays an interest rate of 0.01% APY on deposits. CommerceRelationship Checking pays interest of 0.01% for accounts of $1,000 or more, and 0.01% for accounts below that threshold. Accounts with less than $5,000 are subject to a $20 service fee, however (unless they are linked to other Commerce Bank accounts with total deposits of over $15,000).

As noted above, Commerce Bank does not enroll customers in any kind of national ATM network. Accessing non-Commerce Bank ATMs costs $2.75 per transaction, plus any fees charged by the ATM owner.  CommerceRelationship Account holders are exempted from these fees, and Commerce Bank refunds other banks’ ATM fees up to a total of $10 per month.

Where Can I Find Commerce Bank?

Commerce Bank does business in five states: Colorado, Kansas, Missouri, Illinois and Oklahoma. However, it does not have locations throughout all parts of those states. It does not have any locations in Chicago. Most of its locations are in Missouri.

What Can You Do Online With Commerce Bank?

Most online banking features are available for free through the Commerce Bank website. Customers can check account balances, transfer money between accounts, open new accounts and access recent transactions for credit and debit cards.

How Do I Access My Money?

There are a number of ways to access your money with Commerce Bank. If you are in Missouri or one of Commerce Banks other states, you can visit a Commerce Bank ATM and withdraw money with your debit card. (Other ATMs will likely cost several dollars in fees.) Likewise, you can access your money by visiting a Commerce Bank location.

On the road? Commerce Bank has a mobile app, with which you can check your account balances, transfer money and make deposits. Commerce Bank checking accounts also come with debit cards, with which you can make purchases.

How Can I Save More Money With Commerce Bank?

Commerce Bank does not offer particularly high rates. If a high return on your savings is your goal, your best option would be a certificate of deposit. Rates currently sit at 0.10% for a one-year CD, or 0.30% for a five-year CD. 

With a CD, your money is locked in for the duration of the term so you will not be able to take advantage of higher rates if they happen to change.

What’s the Process for Opening an Account With Commerce Bank?

The process to open a Commerce Bank account online is fairly simple. On its website, choose the type of account you would like to open. From there, you have to provide some information about yourself, such as your Social Security number and date of birth. 

After agreeing to a number of legal disclosures, you make an initial minimum deposit (usually $25 - $100) and your account is open. Remember that most accounts need a greater minimum balance to avoid the monthly service fee however, so make sure you adequately fund your account.

What’s the Catch?

Commerce Bank’s geographic footprint is limited to a handful of states, with most of its locations in Missouri and Nebraska. Furthermore, it does not provide customers with free access to a national ATM network. In short, if you are outside of these states, accessing your money will be a challenge.

Bottom Line

Commerce Bank offers a wide variety of financial products, making it a convenient one-stop shop for people who do not want to juggle accounts at multiple banks. However, it does not offer particularly high interest rates and its assortment of fees (including ATM fees) are not especially consumer-friendly.

Источник: https://smartasset.com/checking-account/commerce-bank-banking-review
Schussheim v Commerce Bank
2008 NY Slip Op 28312 [21 Misc 3d 316]
September 2, 2008
Goodsell, J.
District Court Of Nassau County, Second District
Published by New York State Law Reporting Bureau pursuant to Judiciary Law § 431.
As corrected through Wednesday, October 22, 2008


[*1]
Cheryl Schussheim, Plaintiff,
v
Commerce Bank, Defendant.

District Court of Nassau County, Second District, September 2, 2008

APPEARANCES OF COUNSEL

Cheryl Schussheim, plaintiff pro se. Zeichner, Ellman & Krause LLP, New York City, for defendant.

{**21 Misc 3d at 317} OPINION OF THE COURT

David Goodsell, J.

Trial Decision

The plaintiff in this small claims case seeks to recover damages resulting from the failure of the defendant, Commerce Bank, to notify her of an escheating of funds to the Comptroller of the State of New York. The defendant counterclaimed for damages stemming from the failure of the plaintiff to adhere to the deposit account rules and regulations of the defendant which the defendant claimed plaintiff agreed to follow.

The plaintiff purchased three official bank checks from her local branch of Commerce Bank on October 27, 2003, totaling $9,500 payable to herself. Again, on November 25, 2003, the plaintiff returned to her local bank branch of Commerce Bank and obtained three additional official bank checks totaling $9,502.41 payable to herself. The plaintiff failed to utilize the checks immediately and essentially forgot about the checks.

On September 12, 2007, Commerce Bank, pursuant to its established policy, notified the plaintiff by letter of the failure of check 420-02145 in the amount of $3,502.41 to be cashed. Apparently, the bank only notifies known bank check holders of undeposited bank checks when the amount of the check exceeds $3,500. The plaintiff had the proceeds of check 420-02145 deposited to her account at Commerce Bank without locating and depositing the check.

The plaintiff now reminded of the existence of the bank checks, searched for and later located all six checks and deposited them on March 31, 2008. The defendant initially failed to honor the deposits and charged bank fees on all six outstanding checks but reversed the bank charges and redeposited $15,500 into the account of the plaintiff.

Plaintiff now brings an action for damages based upon the failure of the defendant to notify her pursuant to Abandoned Property Law § 1422. The statute requires notification to the owner of record that unclaimed funds will be turned over to the State Comptroller's office. Notice under Abandoned Property Law § 1422 must be sent not less than 90 days before the reporting date declaring the property to be abandoned as specified in Abandoned Property Law § 401.

The contention of the plaintiff, an attorney, that damages are owed due to the failure of the bank to notify her is based upon{**21 Misc 3d at 318} the notion that had she been notified in accordance with the statute she would have located the checks in a timely basis which deprived her of the right to collect interest on her money.

However, Abandoned Property Law § 1422 fails to specify any penalty for a failure to notify the owner. In fact, the only reference in Abandoned Property Law § 1422 to a failure to comply with the provisions of the section is set forth in subdivision (4) which states: "The failure of any holder of abandoned property to comply with the requirements of this section shall not in any way affect the reporting of abandoned property pursuant to the provisions of this chapter."

Clearly, under Abandoned Property Law § 300 (1) (c) banks are required to treat unnegotiated bank checks over three years old as abandoned property triggering a requirement under Abandoned Property Law § 401 to report such abandoned property to the Comptroller and to make delivery of such abandoned property under Abandoned Property Law § 303 to the Comptroller. Here, the bank admitted it did not notify the defendant on the escheating of any checks except No. 420-02145 since the bank had a threshold amount before notification.

The only penalty for noncompliance with the requirements of the Abandoned Property Law contained in the statute is set forth in Abandoned Property Law § 1412. Penalties may be assessed by the State of New York for noncompliance administratively to be paid to New York State.

No reported cases have addressed the particular issue raised by the plaintiff in this action. However, the Appellate Division, First Department, found in the case of a court ordered settlement held in an interest bearing custodian account for the benefit of an infant that the bank was not responsible for any damages resulting from a declaration that the account was abandoned and the turning over the account to the Comptroller pursuant to Abandoned Property Law § 303. (Klein v North Side Sav. Bank, 24 AD2d 106 [1st Dept 1965].)

The court in Klein noted no actionable wrong occurred by turning over the account which appeared inactive to the New York State Comptroller. Where "[n]o practical injustice or serious inconvenience" results no basis exists for recovery (24 AD2d at 108).

In the present case, the bank clearly failed to comply with the statutory notification requirements. However, the plaintiff herself remained in control of the checks without taking action{**21 Misc 3d at 319} upon them. No wrong occurred because the bank failed to notify her of the continued nonuse of the bank checks since control over the bank checks remained with the plaintiff. Even after being alerted to the escheating of check 420-02145, the plaintiff did not present any checks (including check 420-02145) for deposit for over six months. The fact that the checks when located and deposited initially were not honored might be considered a monetary loss. However, the bank charges were reversed in conjunction with the restoration of the money to plaintiff.

The purpose of the abandoned property statute is to protect the lost or forgotten property. The plaintiff received the protection of the statute by receiving the money originally used to purchase the bank checks, and all bank fees resulting from the initial bouncing of the checks. Therefore, the plaintiff has been made whole, and no damages demonstrated. The mere violation of a statute without a statutory penalty or without a show of actual damages cannot form the basis of a recovery. The allegations of lost interest by the plaintiff are unsupported and speculative.

The claim for damages from lost interest is inconsistent with the fact that the escheated money represented by the bank checks does not yield interest. It should be noted Abandoned Property Law § 1405 prohibits the State Comptroller from paying interest on money held where the money does not otherwise earn interest. Likewise, the bank should not be compelled to pay interest on noninterest bearing moneys held.

"Substantial justice," the legal standard in small claims actions, has been met by the plaintiff requiring dismissal of the action. Allowing the recovery of interest for any period of time would place the bank in the position of chasing after customers to make certain checks get negotiated timely. Such a result is both untenable and does not address the need for customers to assume responsibility for management of their own money.

The counterclaim is likewise dismissed as the defendant failed to prove any contractual breach by the plaintiff of the account rules and regulations of the bank.

Источник: https://www.nycourts.gov/REPORTER/3dseries/2008/2008_28312.htm

Frequently Asked Questions

Why is TD Banknorth's name changing?

In commercebank com checks, TD Bank Financial Group acquired Commerce Bank. Commerce Bank and TD Banknorth have joined together to become TD Bank, America's Most Convenient Bank®. Last fall TD Bank was introduced to the Mid-Atlantic with over 500 locations from New York to Florida. This fall TD Banknorth will become TD Bank, America's Most Convenient Bank, now with more than 1,000 locations from Maine to Florida.

When are your signs changing?

This fall you will see TD Bank signs on TD Banknorth locations and ATMs throughout New England and upstate New York.

Are you changing your name on everything?

Yes, this fall TD Banknorth will become TD Bank, America's Most Convenient Bank and will be reflected on all of our banking materials.

Does that mean I can go into any TD Bank location for service on my TD Banknorth account, even if it used to be a Commerce Bank?

This fall you will be able to bank at any TD Bank location from Maine to Florida.

For now, full-service banking for TD Banknorth customers is available at all TD Banknorth branches, plus TD Bank locations in Connecticut, Delaware, New Jersey, Pennsylvania and parts of New York. At our TD Bank locations in Florida, Metro Washington D.C. and Long Island, New York, you can do most of the same transactions that you can do in our Mid-Atlantic TD Bank locations.

What about the ATMs? Can I use any TD Bank ATM?

Yes, now you can use any of the more than 5,000 TD No-Fee ATMs in North America!

Do I need to change my checks or debit card in order to bank at a TD Bank location?

There's no need to change these. Continue to use your TD Banknorth checks and debit card at any TD Banknorth or TD Bank location/ATM.

Has your website changed?

You can continue to visit this web address – TDBanknorth.com – for information about TD Banknorth products and services, to access online banking, or apply for a new TD Banknorth account. Plus, soon you'll enjoy enhanced features with Online Banking and Bill Pay.

Watch for exciting updates as we continue to Build The Better Bank for you!

For more information

For immediate assistance or to learn more about your accounts please:
Источник: https://www.tdbank.com/bank/merger_faq.html

Commerce Bank’s Digital Claims Payments App Now Available in Guidewire Marketplace

Guidewire Software, Inc. (NYSE: GWRE) and Commerce Bank (NASDAQ: CBSH) today announced that Commerce Bank’s new Ready for Guidewire-validated accelerator for ClaimCenter is now available to users in the Guidewire Marketplace.

PreferPay®, the CommercePayments™ claims payment platform,enables insurers to move their claims payments to a digital-first approach. PreferPay® handles digital payment processing for consumer, multi-party and vendor payments. Payees can choose the best payment method to fit their needs from several digital and traditional offerings, allowing insurers to give claimants faster access to their funds and increase policyholder satisfaction. For digital payment methods, payees access an insurer-branded, automated and mobile-friendly portal, alleviating the burden on adjusters to process payments and answer payment questions. With easily accessible digital payment methods that deliver their payment quicker,
claimants are encouraged to opt for digital payment, helping to transition away from checks and reduce claims payment costs for insurers.

With the PreferPay® app for ClaimCenter, insurers can:

  • Quickly create and stop one-time and recurring single- and multi-party traditional claims payments;

  • Easily attach relevant documents and remit data to payments; and

  • View real-time payment status updates and payment history within ClaimCenter.

“PreferPay® for Claims Payments is a reflection of Commerce Bank’s commitment to being an innovative, collaborative financial partner to our customers and solving real challenges,” said Jeff Burik, Executive Vice President, Director of Commercial Payments at Commerce Bank. “Our solution offers faster payments for payees, while reducing costs associated with checks and adjuster workload. We are excited to connect PreferPay® with Guidewire to make these benefits even more accessible for ClaimCenter users.”

“We congratulate Commerce Bank on the publication of its digital payments app for ClaimCenter,” said Becky Mattick, Vice President, Global Solution Alliances, Guidewire Software. “Digital methods for claims payments are quicker and commercebank com checks than checks for policyholders and insurers alike. Commerce Bank’s app seamlessly connects PreferPay® and Guidewire, helping insurers transition their customer base to digital methods for claims payments.”

About Commerce Bank

With $34.5 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.

1. As of September 30, 2021

About Guidewire PartnerConnect ecosystem and Ready for Guidewire

Guidewire PartnerConnect Solution partners provide software, technology, and data solutions as well as insurance support services. Our Solution partners help drive business value and innovation for insurers by developing and delivering integrations, extensions, apps, and other
complementary solutions for Guidewire products. All of our Ready for Guidewire partner solutions are validated for security, quality, and compatibility with Guidewire, and can be found on theGuidewire Marketplace.

For more information about Guidewire PartnerConnect, please visithttp://www.guidewire.com/partners. 

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate and grow efficiently. We combine digital, core, analytics and AI to deliver our platform as a cloud service. More than 450 insurers, from new ventures to the largest and most complex in the world, run on Guidewire.

As a partner to our customers, we continually evolve to enable their success. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry. Our marketplace provides hundreds of applications that accelerate integration, localization and innovation.

For more information, please visit www.guidewire.com and follow us on Twitter: @Guidewire_PandC.

Источник: https://www.guidewire.com/about-us/news-and-events/press-releases/20211111/commerce-banks-digital-claims-payments-app-now-available/

Checking and Savings

1When choosing a Commerce Private Options Checking Account and a corresponding credit card, you automatically receive debit functionality and ATM access with your credit card product.
2 Stop payments – three per year. 
3Check copies – six free per month. 
4Commerce will rebate up to $30 per month for ATM charges imposed by other financial institutions and waive our ATM charges.
5Online Bill Pay – one free account per household.
6Personal loan rate discount offered for automatic payment from your Commerce Checking Account. Mortgages and dealer loans are not eligible to receive personal loan discounts. Loans and credit cards subject to credit approval. Insurance must be carried on property securing home equity loans. 
7Safe deposit box subject to availability. All rates and terms subject to change. See your Private Banker for rate details.
8Insurance services are provided by Commerce Insurance Services, Inc., an insurance agency, and subsidiary of Commerce Bank.

Equal Housing Lender Logo

The Private Bank at Commerce Trust Company is a business unit of Commerce Trust Company, a division of Commerce Bank. Products and services referenced here are available through bank and non-bank affiliates of Commerce Bank.

Mutual funds, annuities, and other investment products: Not FDIC-insured No bank guarantee
Investing involves risk. There is always the potential of losing money when you invest in securities.
Commerce Trust does not provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.
Past performance is no guarantee of future results.
Information or data from third parties is considered to be from reliable sources but is not guaranteed.

Источник: https://www.commercetrustcompany.com/private-wealth-management/our-approach/private-banking/checking-and-savings

Commerce Bank is a mid-sized commercial and personal bank based in Missouri, with additional locations in parts of Colorado, Kansas, Illinois and Oklahoma. It offers a wide variety of financial products, including checking accounts, savings accounts, certificates of deposits, commercebank com checks cards, mortgages and consumer loans. 

While interest rates at Commerce Bank beat some of the country’s biggest banks, they are not especially high. Interest rates on Commerce Bank savings accounts are quite low, while CDs offer a somewhat higher return. Commerce Bank’s limited regional footprint and ATM network make it a poor choice for anyone outside of its core states of Missouri and Nebraska.

Products Offered

ProductKey Details
Savings Account
  • Two account options available
  • Waivable monthly fees 
  • Three free withdrawals per month, $2 service fee for additional withdrawals
Certificates of Deposit
  • Minimum opening deposit of $1,000
  • Terms ranging from three months to five years
  • Interest compounded daily
Money Market Accounts
  • No minimum opening deposit
  • Waivable monthly service charge of $6
  • Higher rate “premium” programs available for larger deposits
Checking Account
  • Four account options available
  • Minimum opening deposit of $100
  • Waivable monthly service fees
  • Free Visa debit card

Commerce Bank Interest Rate Comparison

Commerce Bank Overview

With retail branches in Colorado, Kansas, Missouri, Illinois and Oklahoma, Commerce Bank is the 48th-largest bank in commercebank com checks United States. Though it got its start the same year the Civil War ended (1865), Commerce Bank has changed substantially over the past 150 years.

Today it is a full-service bank, offering customers a wide range of ways to save and invest. In addition to its hundreds of brick-and-mortar locations, Commerce Bank provides free online and mobile commercebank com checks services. Its mobile app has a 4.6-star rating in the Apple store, with over 30,000 ratings.

Commerce Bank Account Features

Whether you’re interested in a savings account, a checking account or something more complicated, you are likely to encounter a few common traits with your Commerce Bank account. The first is a low minimum deposit - with the exception of its CDs and retirement accounts, no Commerce Bank account has a minimum opening deposit greater than $100.

On the other hand, once you open your account you are likely to face a monthly service fee of $5 to $10, unless you increase your total deposit or set up a regular direct deposit to your account. For instance, a minimum monthly deposit of $25 is enough to avoid the fee for a myRewards Savings Account.

Most savers are interested in the return their money is earning. Don’t expect to get rich off your savings at Commerce Bank, as rates on savings accounts, CDs and money market accounts are generally less than 1%.

Another note: Commerce Bank does not automatically include account holders in a free national ATM network. This means that you will likely have to pay a fee to access your money outside of the states where Commerce Bank has its own ATMs (Colorado, Kansas, Missouri, Illinois and Oklahoma). The one exception is customers with a CommerceRelationship Checking Account, which commercebank com checks an average deposit of at least $5,000, or an average total deposit among all Commerce Bank accounts of $15,000.

Compare Commerce Bank to Other Competitive Offers

Commerce Bank myRewards Savings Account

Key FeaturesDetails
Minimum Deposit
Access to Your Savings AccountOnline, mobile, at branches and ATMs. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates0.01% APY

An FDIC-insured Commerce Bank savings account is a good place to keep your money safe, but commercebank com checks expect to be blown away by the interest that money earns. This isn’t particularly a knock on Commerce Bank, as its rates aren’t much off the national average and are similar to many large banks like Chase. 

That being said, there are other perks to the savings account that may keep some customers happy. For starters, you don’t need anything in your piggy bank to open one and you can avoid the monthly $3 service fee by maintaining a balance of $300 or making regular electronic deposits of at least $25.

Commerce Bank also offers standard free features like online banking and the use of its mobile app. However, ATM use and withdrawals are somewhat limited. Savings Account holders can make three free withdrawals or transfers per month before a $2 transaction fee kicks in.

Account holders who make 11 consecutive monthly deposits (the bonus is the average of these deposits) and fewer than four withdrawals all year will receive a bonus of up to $100. Note that to be eligible for the bonus, you must also have a checking account with Commerce Bank.

Commerce Bank Certificates of Deposit

Key FeaturesDetails
Minimum Deposit
  • Accounts less than one year: $2,500
  • Accounts one year and over: $1,000
Access to Your CD AccountOnline, mobile and at branches. 
SecurityFDIC insurance up to the maximum amount allowed by law.
Fees$3 monthly service charge, waivable with one of the following
  • Maintain a minimum balance of $300
  • At least one electronic deposit of $25 per month
Current Terms and Rates
  • 3 Month: 0.05% APY
  • 6 Month: 0.05% APY
  • 1 Year: 0.10% APY
  • 2 Year: 0.15% APY
  • 3 Year: 0.20% APY
  • 4 Year: 0.25% APY
  • 5 Year: 0.30% APY

A certificate of deposit is a savings vehicle that trades the flexibility of savings account for a higher return on your money. By agreeing not to withdraw your money for a set period of time, you can earn a higher interest rate. The longer the period, the higher the rate.

Commerce Bank offers CDs in terms of three months, six months and one-year increments up to five years. Rates range from 0.05% up to 0.30%. In general, these are not the highest rates available for certificates of deposit.

Likewise, Commerce Bank does not offer the variety of CDs available at many other banks. While many banks offer CDs in six-month increments up to five years, and CDs with flexible rates or the ability to add funds after one year, Commerce Bank does not go beyond the more traditional CDs.

Commerce Bank Money Market Account

Key FeaturesDetails
Minimum Deposit
  • myRewards Money Market: $0
  • Premium Money Market Account: $1,000
  • CommerceOptionsSM Premium Money Market Account: $1,000
Access to Your Money Market AccountOnline, mobile and at branches. 
SecurityNo service charges, penalties for early withdrawal.
Fees
  • myRewards Money Market and Investment Savings Money Market: $6 monthly fee, waivable with one of the following
    • Maintain a minimum balance of $500
    • Maintain an average monthly balance of $1,000 or higher
    • Set up monthly electronic deposit of at least $25
  • Premium Money Market: $10 monthly fee, waived with average balance of at least $5,000
Current Terms and Rates
  • myRewards Money Market: 0.01%
  • Premium Money Market Account
    • Account balances below $25,000: 0.01% APY
    • Account balances of $25,000 - $49,999: 0.03% APY
    • Account balances of $50,000 and over: 0.05%

Money Market accounts at Commerce Bank offer the possibility of higher rates than a savings account, with many of the same features, and the ability to write a limited number of checks every month. The main qualification is that to maintain a money market account without paying fees and to take advantage of the higher rates, you need to deposit a lot more money than you would with a basic savings account.

For instance, Commerce Bank’s Premium Money Market Account offers the highest rates of the bank’s money market and savings accounts. But to attain those high rates, one needs to deposit at least $10,000. The highest possible rate is 0.05%, but requires an average monthly deposit in the six figures. Interest compounds monthly on Commerce Bank’s money market accounts.

That being said, none of these rates are particularly high. For example, an account with $5,000 in it would earn $0.50 per year in interest at a rate of 0.01%.

Commerce Bank Checking Account

Key FeaturesDetails
Minimum Deposit$100
Access to Your Checking AccountOnline, mobile, branches and ATMs.
SecurityNo service charges, penalties for early withdrawal.
Fees
  • CommerceBasic Checking: $8 monthly service fee, waivable with one of the following
    • At least one direct deposit of $300 or more per month
    • 10 debit card purchases per month
  • CommerceInterest Checking: $10 monthly service fee, waivable with one of the following
    • One direct deposit of at least $500
    • Maintain a daily balance of $1,000
  • CommerceRelationship Checking: $20 monthly service fee, waivable with one of the following
    • $5,000 minimum balance
    • $15,000 minimum balance across all Commerce Bank accounts
Current Terms and Rates
  • CommerceInterest Checking: 0.01% APY
  • CommerceRelationship Checking:
    • Account balances below $1,000: 0.01% APY
    • Account balances of $1,000 and over: 0.01% APY

There are a wide variety of checking account options at Commerce Bank, though they are similar in most regards. All accounts have a monthly service fee that is waived based on either a monthly direct deposit or a minimum daily balance. The most basic checking account, for example, CommerceBasic Checking, has an $8 monthly service fee that is waived for accounts with a direct deposit of $300 or 10 debit commercebank com checks purchases per month.

In addition to the service fee, checking accounts with Commerce Bank face overdraft fees when accounts are drawn below zero dollars. The basic fee is $37 per transaction below $0. You can elect to enroll in one of two overdraft protection services. One will transfer funds from a linked Commerce Bank account, at a cost of $12 per transaction. The other makes a cash advance from a linked credit card, at a cost of 5% of the advance, plus interest on the debt.

Several Commerce Bank checking account types pay interest on deposits. CommerceInterest Checking pays an interest rate of 0.01% APY on deposits. CommerceRelationship Checking pays interest of 0.01% for accounts of $1,000 or more, and 0.01% for accounts below that threshold. Accounts with less than $5,000 are subject to a $20 service fee, however (unless they are linked to other Commerce Bank accounts with total deposits of over $15,000).

As noted above, Commerce Bank does not enroll customers in any kind of national ATM network. Accessing non-Commerce Bank ATMs costs $2.75 per transaction, plus any fees charged by the ATM owner.  CommerceRelationship Account holders are exempted from these fees, and Commerce Bank refunds other banks’ ATM fees fidelity bank and trust anamosa iowa to a total of $10 per month.

Where Can I Find Commerce Bank?

Commerce Bank does business in five states: Colorado, Kansas, Missouri, Illinois and Oklahoma. However, it does not have locations throughout all parts of those states. It does not have any locations in Chicago. Most of its locations are in Missouri.

What Can You Do Online With Commerce Bank?

Most online banking features are available for free through the Commerce Bank website. Customers can check account balances, transfer money between accounts, open new accounts and access recent transactions for credit and debit cards.

How Do I Access My Money?

There are a number of ways to access your money with Commerce Bank. If you are in Missouri or one of Commerce Banks other states, you can visit a Commerce Bank ATM and withdraw money with your debit card. (Other ATMs will likely cost several dollars in fees.) Likewise, you can access your money by visiting a Commerce Bank location.

On the road? Commerce Bank has a mobile app, with which you can check your account balances, transfer money and make deposits. Commerce Bank checking accounts also come with debit cards, with which you can make purchases.

How Can I Save More Money With Commerce Bank?

Commerce Bank does not offer particularly high rates. If a high return on your savings is your goal, your best option would be a certificate of deposit. Rates currently sit at 0.10% for a one-year CD, or 0.30% for a five-year CD. 

With a CD, your money is locked in for the duration of the term so you will not be able to take advantage of higher rates if they happen to change.

What’s the Process for Opening an Account With Commerce Bank?

The process to open a Commerce Bank account online is fairly simple. On its website, choose the type of account you would like to open. From there, you have to provide some information about yourself, such as your Social Security number and date of birth. 

After agreeing to a number of legal disclosures, you make an initial minimum deposit (usually $25 - $100) and your account is open. Remember that most accounts need a greater minimum balance to avoid the monthly service fee however, so make sure you adequately fund your account.

What’s the Catch?

Commerce Bank’s geographic footprint is limited to a handful of states, with most of its locations in Missouri and Nebraska. Furthermore, it does not provide customers with free access to a national ATM network. In short, if you are outside of these states, accessing your money will be a challenge.

Bottom Line

Commerce Bank offers a wide variety of financial products, making it a convenient one-stop shop for people who do not want to juggle accounts at multiple banks. However, it does not offer particularly high interest rates and its assortment of fees (including ATM fees) are not especially consumer-friendly.

Источник: https://smartasset.com/checking-account/commerce-bank-banking-review

Personal Checking

Picture of traveling man looking at tablet.

All Personal Checking Accounts include the following benefits: 

  • No annual fee VISA debit card 
  • Free Online Banking, Mobile Banking, Bill Pay & eStatements
  • Free Commerce State Bank logo checks# 

EZ Checking*

Additional Benefit
  • Rebate of ATM fees up to $10 per statement cycle
Qualifications
  • $250 average monthly balance or Direct Deposit or Commerce State Bank mortgage or Commerce State Bank CD/IRA

$10 monthly service charge if qualifications are not met. Monthly service charge for Student Accounts will be waived until age 24. 

Best Interest Checking*

Additional Benefits
  • Rebate of ATM fees up to $15 per statement cycle
  • Premium interest rate earned on balances up to $25,000
Qualifications
  • At Least Ten (10) Debit Card Point of Sale (POS) Transactions** and
  • At Least One (1) Posted and Cleared Direct Deposit or Bill Pay**

$12 service charge and reduced interest rate if qualifying transactions do not process and post to the account within the statement cycle.

Incentive Checking*

Additional Benefits  
  • Interest earned on monthly checking balance
  • Unlimited rebate of ATM fees per statement cycle
  • 0.20% interest rate bump on a linked Money Market account^
    [Click Here for Rate Info]
Qualifications
  • $2,500 average monthly balance and
  • $50,000 relationship balances (Personal CDs, Personal Bump-Up CDs, Commerce IRA CDs, Commerce Choice Money Market, High Yield Index Savings, Commerce Savings) 

$15 monthly service charge and loss of interest rate bump on a linked Money Market Account if qualifications are not met.

[Click to go Back]

#Limit one box of free Commerce State Bank logo checks annually.
*Refer to the Deposit Account Terms and Conditions and Fee Schedule disclosure for more detailed information about the products and services. A transaction includes deposits and other credits, checks paid and other debits, ACH and deposited items, and signature and PIN-based purchases made with a Commerce State Bank VISA debit card. No minimum opening deposit is required on all personal checking accounts. The Commerce State Bank Mobile app is free to download. Your mobile carrier may charge access fees depending upon your individual plan. Web access is needed to use Mobile app.
**At least ten (10) posted and cleared debit card purchase transactions (debit card Point of Sale (POS) transactions do not include ATM withdrawals), and at least one (1) posted and cleared direct deposit or bill pay.
^You will receive an interest rate bump on one Commerce Choice Money Market Account. To earn the bump, you must maintain a minimum average checking balance of $2,500.00 AND a combined relationship balance of at least $50,000.00 in qualifying commercebank com checks Personal CDs, Personal Bump-Up CDs, Commerce IRA CDs, Commerce Choice Money Market, High Yield Index Savings and Commerce Savings. Refer to the Truth in Savings Disclosure for more information.

Источник: https://www.commercestatebank.com/personal/checking

First Commerce Credit Union

You deserve great banking. And great banking means checking with conveniences such as mobile banking and real-time text alerts. Bank less and do more with a First Commerce checking account designed for your life. Whether you're opening your first checking account or looking for an account that gives you more benefits, we can help. Save money without even trying at First Commerce!

To open a checking account, you must have $5 or more in a First Commerce Savings Account plus the minimum required deposit based on the checking account you select. Plus, when you open your account, we'll get your MasterCard debit card in your hands right away with instant commercebank com checks Your MasterCard online - Protect your cards with your own personal password so only you can purchase items online.

Open your account online or for more information or help, call 850.488.0035 or 1.800.533.5772 or visit any of our locations.

Learn how to reach your financial goals with free financial education from the FCCU Foundation and our partner EverFi!

Источник: https://www.firstcommercecu.org/bank/checking/
commercebank com checks

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