Commerce Bank was founded in 1865 and operates in the states of Missouri, Kansas, Illinois, Oklahoma and Colorado. It has been featured multiple times on Forbes' list of America's Best Banks and is number six on ABA Banking Journal magazine's list of Top Performing Big Banks with assets over $10 billion. The company offers personal loans such as auto loans, home equity loans, private student loans, and more.
Commerce Bank offers a variety of different personal loans ranging from auto loans to private student loans and many things in between. The minimum lending amount is typically around $7,000.
The Commerce Bank also offers a variety of tools on their website to help customers calculate how much money they will be paying in interest over the course of their loan.
The consumer can receive funds by check as soon as the same day they're approved. Direct deposit is available for some options.
Commerce Bank only serves people living in the state of Missouri, Kansas, Illinois, Oklahoma or Colorado. This isn't impressive considering that some of the industry's leading competitors can serve nearly every state in the country.
There's not much upfront information considering maximum loan amounts or lengths is mentioned.
Service quality may vary, depending on which branch you go to.
It's hard to tell exactly what prices are offered from Commerce Bank at first glance. Although they offer many different options for personal loans, no maximum amount or length is specified unless you apply. Geographically, the company is also very limited. The consumer would do well to compare services to other industry leaders before deciding to go with Commerce Bank.
Robert Ashbee Mason, OH
7 months ago Edited August 16, 2022
States Serviced by Commerce Bank
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