The agreement to buy Tulsa-based Summit Bancshares Inc. is the first time in six years that Commerce Bancshares made a move to acquire another bank, and it comes with many benefits.
The Kansas City-based holding company for Commerce Bank announced Wednesday night that it plans to acquire Summit Bancshares Inc. in an all-stock transaction worth $40.6 million.
Commerce President Kevin Barth said the bank started looking to acquire another bank in Oklahoma soon after it established its first physical…
The agreement to buy Tulsa-based Summit Bancshares Inc. is the first time in six years that Commerce Bancshares made a move to acquire another bank, and it comes with many benefits.
The Kansas City-based holding company for Commerce Bank announced Wednesday night that it plans to acquire Summit Bancshares Inc. in an all-stock transaction worth $40.6 million.
Commerce President Kevin Barth said the bank started looking to acquire another bank in Oklahoma soon after it established its first physical…