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Commercebank Opens New Houston Banking Center.


CORAL GABLES, Fla. -- Commercebank, one of the largest privately held national banks in South Florida, has relocated and opened a full-service Banking Center in Houston, Texas. The new center is located at 717 Texas Avenue, Suite 100.

Commercebank's presence in Houston now offers an array of personal and commercial financial services including Personal, Corporate, Domestic and International Banking, Real Estate, and Oil and Gas Industry products. Its geographic situation is highly strategic.

"The Houston location offers considerable market exposure and access to current and potential customers," said J. Guillermo Villar, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Commercebank. "It will allow us to serve our valued customers in Texas while developing and consolidating commercial relationships with the Latin American countries that are members of the CAFTA cafta

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 Agreement and with Mexico."

Francisco Rivero, Commercebank's SVP SVP S'il Vous PlaƮt (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 Houston Manager, added that the Banking Center was developed with the region's business opportunities in mind, staffing it with expert personnel and resources to target the customers' needs. "I am confident in our capacity to provide the level of expertise, global reach and financial support that is in high demand in the region."

The opening of a new full-service Banking Center in Houston follows Commercebank's strategy of establishing its presence in rapidly growing markets within and beyond South Florida. The Bank has built a trajectory of more than 25 years of sustained growth, reflected in its recent announcement to acquire Pinecrest-based South Florida Bank, and in its 2005 record earnings of $43.1 million and $4.1 billion in assets.
Commercebank Houston Hours of operation and contact numbers:

    9:00 a.m. to 4:00 p.m. Monday through Thursday
    9:00 a.m. to 5:00 p.m. Friday
    Telephone: 713-571-8010
    Facsimile: 713-571-7080

    Contact Person: Francisco Rivero


About Commercebank

Commercebank N.A., one of the largest national privately held banks in South Florida, is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Commercebank Holding Corp., owned by Mercantil Servicios Financieros Mercantil Servicios Financieros is a Venezuelan enterprise that offers financial services, insurance, real estate and stock exchange. It has actions on sale in the BVC (Caracas Stock Exchange). External links
  • Banco Mercantil
  • Short info in English
, the largest financial institution headquartered in Venezuela, with 80 years of experience in banking. Commercebank has assets in excess of $4 billion. The Bank is headquartered in Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. , with eight branches throughout Miami-Dade County, two in Broward County, one in Manhattan, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, and one in Houston, Texas. It also has loan production offices in Tampa and in Weston, Florida. The bank offers a wide variety of domestic, international and personal banking services, including investment, trust and estate planning Estate Planning

The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death.

Notes:
Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the
 through its subsidiaries, Commercebank Investment Services, and Commercebank Trust Company, N.A.

Editor's Note: The Houston branch is located in the 77702 ZIP code.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 22, 2006
Words:424
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