Commerce Bank Launches Free Online Business Banking Site

“Commerce Bank was built on a mission to provide the best banking services and an unparalleled level of service to all our customers,” said Robert D. Falese, Commerce Bank’s president and CEO. “As an industry leader in innovation and service, we are happy to offer small businesses with this essential and easy to use full-service online banking product.” A popular tool on the site is tiered authority, which allows owners to set up secondary user accounts for employees or trusted partners.

Built in security ensures unauthorized transactions cannot be made. The flexibility of the program lets small businesses decided what’s right for them. Tiered authority lets businesses control access at the following levels: Commerce Bank worked with Corillian Corporation, a leading provider of online banking solutions for financial institutions, to launch and power its business online banking service. Corillian maintains Commerce’s retail online banking service as well.

Enrollment in Business Direct is quick and easy via commerceonline.com. Commerce business customers enjoy the same convenience, advanced technology and personalized service as retail customers. Business owners and employees can bank in more than 450 retail locations, seven days a week, with extended hours. For more information, call 888-751-9000.

Commerce Bank, “America’s Most Convenient Bank,” is a leading retailer of financial services with 450+ convenient stores in New Jersey, New York, Connecticut, Pennsylvania, Delaware, Washington, D.C., Virginia, Maryland and Florida. Headquartered in Cherry Hill, N.J., Commerce Bancorp had $48.2 billion in assets as of June 30, 2007. For more information about Commerce, please visit the company’s interactive financial resource center at commerceonline.com, or call 888-751-9000.

The following factors, among others, could cause the Company’s financial performance to differ materially from that expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve System (the “FRB”); inflation; interest rates, market and monetary fluctuations; the timely development of competitive new products and services by the Company and the acceptance of such products and services by customers; the willingness of customers to substitute competitors’ products and services for the Company’s products and services and vice versa; the impact of changes in financial services’ laws and regulations (including laws concerning taxes, banking, securities and insurance); technological changes; future acquisitions; the expense savings and revenue enhancements from acquisitions being less than expected; the growth and profitability of the Company’s non- interest or fee income being less than expected; unanticipated regulatory or judicial proceedings; changes in consumer spending and saving habits; and the success of the Company at managing the risks involved in the foregoing. The Company cautions that the foregoing list of important factors is not exclusive. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.
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