Friday, May 25, 2007

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Commerce Banc Insurance Services Expands Mount Laurel Call Center

Commerce Banc Insurance Services, a wholly owned subsidiary of Cherry Hill-based Commerce Bancorp Inc. (NYSE: CBH), announced today that it is centralizing and expanding its personal insurance call center in Mount Laurel.

The state-of-the-art call center, which is available to customers on a nationwide basis 24/7 for customer service and claims support, is one of the first of its kind operated by a bank-owned insurance agency, according to the company. Commerce Banc Insurance Services' personal insurance lines currently includes auto and home insurance along with an array of related personal property and casualty insurance products and services.

Shares of Commerce dipped $0.61 to $34.25 this morning.

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