Commerce Bank Lowers Its Prime Rate to 5.5%.Business Editors ST. LOUIS--(BUSINESS WIRE)--Oct. 2, 2001 Effective tomorrow, Commerce Bank is lowering its prime interest rate from 6.0% to 5.50% Commerce Bank is an affiliate of Commerce Bancshares This article is about the bank headquartered in Kansas City, Missouri. For other uses, see Commerce Bank. Commerce Bancshares (NASDAQ: CBSH) is a Kansas City, Missouri based bank with branches in Kansas, Missouri, Illinois, and Oklahoma. , Inc. (Nasdaq:CBSH), a registered bank holding company with assets of $11.7 billion offering a full line of banking services, including investment management and securities brokerage. The Company currently operates in 342 locations in Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. , Illinois Illinois, river, United StatesIllinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. and Kansas. The Company also has operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. involved in mortgage banking, credit related insurance, venture capital and real estate activities. |
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