Commerce Bank & Trust Company is an independently owned and operated financial institution based in Worcester, Massachusetts

Worcester, Massachusetts

Worcester is a city and the county seat of Worcester County, Massachusetts, United States. Named after Worcester, England, as of the 2010 Census the city's population is 181,045, making it the second largest city in New England after Boston....

, with 13 branches located throughout central Massachusetts

Massachusetts

The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...

. Commerce Bank & Trust began its existence in 1955 and is now a full-service commercial bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 with branch offices in Worcester, Holden

Holden, Massachusetts

Holden is a town in Worcester County, Massachusetts, United States. The town was founded in 1741, and the Town Square was donated by John Hancock, former Governor of Massachusetts.The population was 17,346 at the 2010 census.-Geography:...

, Leominster

Leominster, Massachusetts

Leominster is a city in Worcester County, Massachusetts, United States. It is the second-largest city in Worcester County, with a population of 40,759 at the 2010 census. Leominster is located north of Worcester and west of Boston. Both Route 2 and Route 12 pass through Leominster. Interstate 190,...

, Marlborough

Marlborough, Massachusetts

Marlborough is a city in Middlesex County, Massachusetts, United States. The population was 38,499 at the 2010 census. Marlborough became a prosperous industrial town in the 19th century and made the transition to high technology industry in the late 20th century after the construction of the...

, Milford

Milford, Massachusetts

Milford is a town in Worcester County, Massachusetts, United States. It had a population of 27,999 at the 2010 census.For geographic and demographic information on the census-designated place Milford, constituting the center of the town, please see the article Milford ,...

, Shrewsbury

Shrewsbury, Massachusetts

-Demographics:As of the census of 2000, there were 31,640 people, 12,366 households, and 8,693 families residing in the town. The population density was . There were 12,696 housing units at an average density of...

, Webster

Webster, Massachusetts

-Media:* Worcester Telegram & Gazette * Webster Times, published every Friday* The Patriot, published every Wednesday* WGFP-AM 940, a country music station* Boston Globe* Boston Herald-Library:...

, West Boylston, and Westborough

Westborough, Massachusetts

Westborough is a town in Worcester County, Massachusetts, United States. The population was 18,272 at the 2010 census. The town is governed under the New England open town meeting system, headed by a five member elected Board of Selectmen whose duties include licensing, appointing various...

.

Legal Dispute With TD Banknorth

In March 2008, Commerce Bank & Trust filed a lawsuit against Maine-based TD Banknorth

TD Banknorth

TD Banknorth, formerly just Banknorth, was a wholly owned subsidiary of the Toronto-Dominion Bank which conducted banking and insurance activities, primarily serving the northeastern area of the United States, headquartered in Portland, Maine...

 and New Jersey-based Commerce Bank

Commerce Bancorp

TD Bank, N.A., is a national banking institution in the United States which offers banking, insurance, brokerage, and investment banking services in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Carolina,...

, to bar the merging banks from using the name TD Commerce Bank in their existing Massachusetts branches.

On May 2, 2008, federal Judge F. Dennis Saylor granted a preliminary injunction, prohibiting the use of the TD Commerce name in Massachusetts branches.

In July 2008, TD Banknorth and New Jersey-based Commerce Bank

Commerce Bancorp

TD Bank, N.A., is a national banking institution in the United States which offers banking, insurance, brokerage, and investment banking services in Connecticut, Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, North Carolina, Pennsylvania, South Carolina,...

 announced they would abandon plans to rebrand their combined operations as "TD Commerce Bank". Instead, the latter two banks announced that they would be rebranding themselves as TD Bank, America's Most Convenient Bank.