Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: george76

That’s a relatively small bank, by assets.


4 posted on 04/26/2024 6:34:38 PM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ConservativeMind
That’s a relatively small bank, by assets.

The story: Commerce bank was a huge local bank in the Philly region and was a fantastic bank. They had long hours, open 7 days a week, outstanding customer service. I think over the 80s and 90s their stock outperfomed Microsoft. Then they got bought by TD Bank from Canada and slowly all that has been eroding.

Meanwhile after the sale the owner of the original Commerce had a non-compete and when it expired he created Republic Bank, a clone of the old Commerce Bank and their model of customers first. But I've noticed that the branches never seem busy at all. For whatever it just never caught on. I think because changing is just too big a pain in the butt to change banks due to electronic bill payment, once it's in place. That's why I never went to it.

However my mom doesn't have that issue and did open an account there and I manage her money (she's in her 90s) so this does effect me, unfortunately.

10 posted on 04/26/2024 7:43:20 PM PDT by pepsi_junkie ("We want no Gestapo or Secret Police. F. B. I. is tending in that direction." - Harry S Truman)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson