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Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Feb 27, 1975
Page
15
Commerce Bank of Mexico advertises extensive services for individuals and businesses. It lists agricultural and real estate loans, certificates of deposit, and automatic savings plans, plus night depository, traveler's checks, tax handling, trust and advisory services, and securities dealings across three office locations.
Commerce Bancshares with 31 affiliated banks in Missouri has grown from a single office since 1967 to a full banking group serving over 500000 Missourians. Commerce Bank of Mexico joined in 1969, leveraging parent resources including a 150 member trust and international departments to offer loans from 100 to 10 million and fuel local business expansion.
Commerce Bank of Mexico unveils a new 8750 square foot facility at Western Avenue and W Monroe Street with 28 arches and Spanish Mexican decor. The grand opening runs 10 a.m. to 6 p.m. Saturday, with full banking hours starting Monday and space for 30 staff. The bank plans after hours service, a night depository, and 65 parking spots.
The bank keeps its telephone number 581 6100 for all three locations with the new main bank building at Western Avenue and W Monroe Street opening.
Audrain County's Commerce Bank of Mexico, the county's oldest institution, traces its roots to the 1861 private Ringo Bank founded by A R Ringo. The article chronicles its 114-year lineage, early Mexico growth spurred by the North Missouri Railroad, and the bank's evolution through name changes, leadership, and the rise of other local banks amid 19th century growth and 20th century consolidations.
Commerce Bank of Mexico marks its grand opening at Western Avenue and W Monroe Street with tours, refreshments, and gifts. Ribbon cutting at 10:40 a.m. opens a day of activities until 6 p.m. Deposits of 100 or more to new or existing savings accounts earn a $5 beef coupon. Free gifts include pens, mats, bags, and key rings. prizes include a Tin Lizzie miniature car, a 10 speed bicycle, a calculator, and antique coin banks. The first full service day is Monday. downtown and motor banks will be closed Saturday for the ceremony. The ribbon incorporates customer signatures since February 1.
The Commerce Bank of Mexico outlines remodeling of its downtown facility to better serve a growing customer base within a two block radius. The bank traces its origins to 1861 at the Ringo Corner and notes past expansions including a 1968 motor bank opening and 1969 affiliation with Commerce Bancshares.
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