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NEWS RELEASE

Comptroller of the Currency

Administrator of National Banks

NR 2007-63


FOR IMMEDIATE RELEASE

Contact: Robert M. Garsson

June 29, 2007  

(202) 874-5770


OCC Announces Cease and Desist Order against Commerce Bank

WASHINGTON – The Office of the Comptroller of the Currency announced today that it has issued a Cease and Desist Order against Commerce Bank National Association, Philadelphia. The order is available on the OCC’s Web site at www.occ.gov.

Related Links:

  • Stipulation (PDF)

  • Consent Order (PDF)

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    The Office of the Comptroller of the Currency was created by Congress to charter national banks, to oversee a nationwide system of banking institutions, and to assure that national banks are safe and sound, competitive and profitable, and capable of serving the banking needs of their customers in the best possible manner.  OCC press releases and other information are available at http://www.occ.gov.  To receive OCC press releases and issuances by email, subscribe at http://www.occ.gov/listserv.htm.