Queens Gazette

Anna-Marie Vallone Is Commerce Bank Vice President





Anna-Marie Vallone vice president

Anna-Marie Vallone vice president

Commerce Bank (NYSE: CBH), “America’s Most Convenient Bank,” has named Anna-Marie Vallone vice president, commercial lending. In her new role, Vallone will develop customized lending solutions for a wide range of Commerce Bank commercial clients in Queens.

Vallone joins Commerce with 12 years of banking experience. She most recently served as a vice president/relationship manager at JP MorganChase. A resident of Flushing, Vallone is a member of the New York Software Industry Association, Software Information Industry and Women in New Media. Vallone earned a bachelor’s degree from Queens College.

Commerce business customers enjoy the same convenience, advanced technology and personalized service as retail customers. Business owners and employees can bank during extended hours, seven days a week, in the bank’s branches or via the Internet or by phone 24 hours a day.

Commerce Bank offers a diverse portfolio of commercial banking services. The bank’s expert lenders work closely with customers to develop financing strategies that best meet their needs. Commerce specializes in:

• Government Contractor Financing

• Not for Profit Banking

• Small Business/SBA Lending

• Healthcare Financing

• Local Government Banking

• Commercial Real Estate/Construction Financing

• Cash Management

• Middle Market Financing

• International Trade Finance.

Commerce Bank is a leading retailer of financial services with more than 320 convenient branches in New Jersey, New York, Pennsylvania and Delaware and new markets in Washington, D.C., and Virginia. The bank will also expand into Connecticut and the Lehigh Valley in Pennsylvania this year. Overall, Commerce plans to open more than 50 new locations and create 1,800 new career opportunities throughout its footprint in 2005. Headquartered in Cherry Hill, New Jersey, Commerce Bancorp has $32 billion in assets and, in first quarter 2005, achieved a deposit increase of 29 percent and earnings per share growth of 22 percent. For more information about Commerce, visit www.commerceonline.com.

The Company may from time to time make written or oral “forward-looking statements”, including statements contained in the Company’s filings with the Securities and Exchange Commission, in its reports to stockholders and in other communications by the Company, which are made in good faith by the Company pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements include statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions, that are subject to significant risks and uncertainties and are subject to change based on various factors (some of which are beyond the Company’s control). The words “may”, “could”, “should”, “would”, “believe”, “anticipate”, “estimate”, “expect”, “intend”, “plan”, and similar expressions are intended to identify forward-looking statements. The following factors, among others, could cause the Company’s financial performance to differ materially from that expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve System (the “FRB”); inflation; interest rates, market and monetary fluctuations; the timely development of competitive new products and services by the Company and the acceptance of such products and services by customers; the willingness of customers to substitute competitors’ products and services for the Company’s products and services and vice versa; the impact of changes in financial services’ laws and regulations (including laws concerning taxes, banking, securities and insurance); technological changes; future acquisitions; the expense savings and revenue enhancements from acquisitions being less than expected; the growth and profitability of the Company’s non-interest or fee income being less than expected; unanticipated regulatory or judicial proceedings; changes in consumer spending and saving habits; and the success of the Company at managing the risks involved in the foregoing.

The Company cautions that the foregoing list of important factors is not exclusive. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.


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