- Commerce Bank & Trust Company
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This article is about the bank headquartered in Worcester, Massachusetts. For other uses, see Commerce Bank.
Commerce Bank & Trust Company is an independently owned and operated financial institution based in Worcester, Massachusetts, with 13 branches located throughout central Massachusetts. Commerce Bank & Trust began its existence in 1955 and is now a full-service commercial bank with branch offices in Worcester, Holden, Leominster, Marlborough, Milford, Shrewsbury, Webster, West Boylston, and Westborough.
Legal Dispute With TD Banknorth
In March 2008, Commerce Bank & Trust filed a lawsuit against Maine-based TD Banknorth and New Jersey-based Commerce Bank, to bar the merging banks from using the name TD Commerce Bank in their existing Massachusetts branches.[1]
On May 2, 2008, federal Judge F. Dennis Saylor granted a preliminary injunction, prohibiting the use of the TD Commerce name in Massachusetts branches.[2]
In July 2008, TD Banknorth and New Jersey-based Commerce Bank announced they would abandon plans to rebrand their combined operations as "TD Commerce Bank". Instead, the latter two banks announced that they would be rebranding themselves as TD Bank, America's Most Convenient Bank.
Notes
- ^ Kerber, Ross (2008-04-01). "Commerce Bank & Trust sues to guard Mass. identity". The Boston Globe. http://www.boston.com/business/articles/2008/04/01/commerce_bank__trust_sues_to_guard_mass_identity/. Retrieved 2008-04-05.
- ^ Eckelbecker, Lisa (2008-05-03). "Commerce Bank wins first round". Worcester Telegram & Gazette. http://telegram.com/article/20080503/NEWS/805030353/1116. Retrieved 2008-05-03.
External links
- Commerce Bank & Trust Company website
Categories:- Banks based in Massachusetts
- Companies based in Worcester, Massachusetts
- Banks established in 1955
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