Bucking the trend toward layoffs and branch consolidation, $3.9 billion-asset Commerce Bancorp in Cherry Hill, N.J., has announced a five- year plan to create 3,000 staff positions and build 99 new offices.

The plan would double Commerce Bank's current staff size and bring its branch network to 175.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.