Commerce Capital Markets is New Jersey's Top Short-Term Municipal Underwriter for Fourth Consecutive Year.Business Editors CHERRY HILL Cherry Hill, township (1990 pop. 69,319), Camden co., W central N.J.; name was changed from Delaware township to Cherry Hill in 1961. Largely residential, Cherry Hill has been marked by great development and housing growth, especially since the 1970s. , N.J.--(BUSINESS WIRE)--Jan. 18, 2000 Commerce Capital Markets, Inc., a wholly-owned subsidiary of Commerce Bancorp This article is about the bank headquartered in Cherry Hill, New Jersey. For other uses, see Commerce Bank. Commerce Bancorp (NYSE: CBH), doing business as Commerce Bank (NYSE NYSE See: New York Stock Exchange Symbol: CBH CBH cutaneous basophil hypersensitivity. ), ranked as New Jersey's most active underwriter of short-term municipal bonds and notes in 1999 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. statistics compiled by Securities Data, Inc. of Newark New Jersey. Commerce Capital has been New Jersey's number one short-term underwriter since 1996. During the course of 1999, Commerce Capital's total of 135 issues put the firm well ahead of the state's second most active public finance company, which completed 39 issues. The total principal amount of Commerce Capital's issues in 1999 exceeded $673 million, approximately $500 million more than the closest competitor on the list of the top 25 public finance companies serving New Jersey. "We are very proud of our long-standing record as New Jersey's leading short-term municipal underwriter," said Commerce Capital Chief Executive Officer Vincent J. Stafford. "Commerce Capital is run by financial experts who have a thorough understanding of the financial challenges and issues that impact the municipalities we serve. This continues to be a tremendous benefit for our customers." Commerce Capital Markets is the region's largest public finance firm specializing in meeting the needs of state and municipal, health care and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. clients including: Essex County Essex County can refer to:
Commerce Bancorp, the region's fastest growing independent financial services retailer, specializes in providing a full range of banking, insurance and public finance services. Headquartered in Cherry Hill, New Jersey, Commerce has assets of $6.6 billion and a network of 120 branches serving Pennsylvania, New Jersey and Delaware. For more information about Commerce, please visit the company's interactive financial resource center on-line at www.commerceonline.com. For more information contact: David Flaherty - 856/751-4049. |
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