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Commerce Bancorp was a Cherry Hill, New Jersey âbased bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce with TD Banknorth to form TD Bank, N.A. ; all of its banks and branches were given the TD Bank logo.
A longtime entrepreneur, C. Paul Johnson bought a Chicago bank in the early 1970s and built a chain of 17 banks with 36 locations before selling it to Milwaukee's Firstar Corp. in 1995. Paul was a bold leader who had great vision to put this group of banks together, said former Chicago banker Wally Zook, who worked for Mr. Johnson for more than 20 years.