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It was announced today that TDBank is buying Commerce for, I believe, $8.5 billion. Living in the hometown of Commerce Bank, where there is a branch on every corner it seems, this was quite a surprise to me.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going. -
Looks like there are several takesovers lately. -
We have Commerce Banks in South Florida. Are they one in the same?Comment
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Yes. Same company.Originally posted by Aleta View PostSteve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.Comment
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The "founder" and CEO of Commerce was recently asked to resign. He never wanted to sell the business but now it's not really in hands anymore. Just hope that they don't lose the "customer appreciation" they seemed to have after the new guys take over.Originally posted by disneysteve View PostThe easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
- DemosthenesComment
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Interesting. TD bought my bank (BankNorth) about 3 years ago, and I have to say I haven't really noticed a difference in fees or services.
I wonder if this means penny arcade is coming to TDBanknorth?
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