headquartered in kansas city missouri . for other uses see commerce bank . commerce bancshares inc. ask listen solve type public traded as nasdaq cbsh industry finance founded 1865 headquarters kansas city missouri usa key people david w kemper chairman president and ceo products financial services net income 260.9 million 2013 12 31 1 total assets 23.1 billion 2013 12 31 2 website www.commercebank.com commerce tower headquarters in kansas city commerce bank footprint commerce bancshares inc. is a kansas city missouri based u.s. bank holding company with branches of its commerce bank in colorado kansas missouri illinois and oklahoma . commerce bancshares is the corporate parent of commerce bank the successor of the commerce trust company and the national bank of commerce . with roots dating back to its first charter in 1865 commerce bank is the oldest and largest bank in kansas city . as of december 31 2010 it was listed as the 48th largest bank holding company in the united states as reported by the federal reserve bank . 3 this commerce bank is not related to other financial institutions named commerce bank based in ohio commerce national bank and massachusetts commerce bank & trust company . history edit commerce was founded in 1865 by francis reid long as the kansas city savings association with 10 000 in capital . william stone woods acquired it in 1881 and it became the national bank of commerce which at the time claimed to be the largest bank west of chicago illinois 4 it became commerce bank in 1903 with william thornton kemper sr. as its first president . following the panic of 1907 it was briefly placed into receivership by the comptroller of currency . the bank paid its depositors and ownership returned to its owners . kemper set his son james m. kemper up at commerce and his other son r. crosby kemper at the competing city center bank which would become umb financial corporation . the kemper family from both institutions still play a dominant role at both banks as well as being a major force in missouri philanthropies with their names applied to numerous buildings throughout the state including kemper arena . harry s. truman worked at the bank from april 24 1903 to may 15 1905 in the predecessor building to today s commerce tower . the evaluation in his first year said he is a willing worker almost always here and tries hard to please everybody . we never had a boy in the vault like him before . he watches everything very closely and by his watchfulness detects many errors which a careless boy would let slip through . his appearance is good and his habits and character are of the best . 5 truman signed the last steel beam added to the commerce tower . in april 2007 commerce purchased an aurora colorado based commerce bank with plans on expanding its business into the state of colorado . 6 for the fifth year in a row commerce bank was ranked among the top ten on forbes 2014 list of america s best banks . 7 references edit http www.google.com finance q nasdaq cbsh & fstype ii http www.google.com finance q nasdaq cbsh & fstype ii ffierc.gov retrieved march 17 2011 commerce history commercebank.com retrieved november 16 2007 truman places national bank of commerce retrieved january 4 2007 commerce bank to merge with missouri based commerce bank press release . commerce bank aurora . 2007 04 03 . retrieved 2007 09 03 . 1 external links edit commerce bank website retrieved from https en.wikipedia.org w index.php title commerce bancshares & oldid 741518094 categories banks based in missouricompanies based in kansas city missouricompanies listed on nasdaqkemper familyhidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 28 september 2016 at 00 54 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view