Commerce Bank Opens First Store in Chinatown
biz.yahoo.com
Friday July 8, 9:42 am ET
NEW YORK, July 8 /PRNewswire-FirstCall/ -- Commerce Bank will celebrate its success in New York City upon the grand opening today of its first retail location in Chinatown. Located at Canal and Bowery Streets in Manhattan, the new Chinatown store is Commerce's 19th convenient location in the borough.
(Logo: newscom.com )
Metro New York is Commerce Bank's largest market, with $16 billion in deposits. Commerce, a power retailer that has achieved exceptional financial results and wide customer acceptance throughout its footprint, has achieved extraordinary growth in the New York marketplace - going from zero retail locations in late 2001 to 38 today in the five boroughs. In addition to Chinatown, Commerce will open four other new Manhattan stores this year:
-- a regional headquarters at 42nd Street & Madison Avenue
-- a flagship store at 2 Wall Street
-- 109th Street & Broadway
-- 21st Street & Park Avenue
Commerce has 182 convenient locations throughout metro New York and plans ultimately to build a network of 400-plus locations in the metro New York area.
The new 7,500-square-foot Chinatown store offers customers a convenient, high-visibility corner location in an area filled with other retailers and banks. Commerce offers customers 7-day banking, a wide variety of free products and services and an unparalleled level of service and convenience. Reflecting its commitment to the local community and its industry-leading innovation and service philosophy, Commerce Bank in Chinatown will feature:
-- Chinese-English bilingual customer service professionals and tellers
-- Chinese-English bilingual ATMs and information materials
-- Three free, "Penny Arcade" coin-counting machines
-- Colorful wall mural depicting a historical scene from the Chinatown
neighborhood
-- 7,500 safe deposit boxes
"We are thrilled to bring 'America's Most Convenient Bank' to Chinatown and to celebrate Commerce Bank's commitment to New York City," said Commerce Bank Founder and Chairman Vernon W. Hill. "We appreciate the wide acceptance we have received throughout this market, and we look forward to delivering our unique brand of WOW! the Customer service to New Yorkers." |
