Midwest bank enters market
A Midwest-based bank is entering the Michigan market via downtown Grand Rapids.
Kansas City, Missouri-based Commerce Bank said yesterday that it’s opening a commercial banking office at 99 Monroe Ave. NW.
The new location will be headed up by Michael Hollander, a West Michigan native and SVP at Commerce Bank.
Hollander will be responsible for overseeing all commercial banking activities in the region. His area of oversight includes the Grand Rapids, Kalamazoo, Holland, Lansing and Traverse City markets.
Hollander has nearly 15 years of experience in the banking industry and is a Certified Treasury Professional.
He holds a bachelor’s degree from Western Michigan University and an M.B.A. from Grand Valley State University.
Hollander will be joined in the Grand Rapids office by Mike Pratt, who will focus on serving the health care industry throughout Michigan and the upper Midwest, and Rob Cutler, senior account executive for Commerce Bank’s commercial card portfolio.
"Product" of the community
“We are eager to join the Grand Rapids community and bring our sound legacy and values to an area of like-minded businesses,” said Robert Holmes, president and CEO of Commerce Bank’s St. Louis market.
“At Commerce, we believe we are a product of the communities we serve and a partnership of our customers. The success of Commerce, which continues today under fifth- and sixth-generation family leadership, has been dependent on this relationship-focused approach to doing business, and we look forward to serving the Western Michigan business community in this way.”
A subsidiary of Commerce Bancshares, Commerce Bank is a $24.5-billion regional bank holding company.
In operation for more than 150 years, Commerce Bank operates in more than 350 retail locations in the central U.S.