Vernon W. Hill writes to us as co-Chairman of Bankstocks.com (together with Tom Brown). Hill is the founder and former Chairman, President, and Chief Executive Officer of Commerce Bancorp. Beginning with a single branch in Marlton, New Jersey, Hill proceeded to turn the U.S. banking industry on its head over the ensuing 34 years. Using such innovations as first-class customer service, free coin counting, and seven-day-a-week banking, Commerce went on a growth tear unheard of in retail banking—or just about any other industry, for that matter. By the end of 2007, the company had grown—almost entirely organically--to a 470-branch, $49 billion institution. Many of the innovations Hill pioneered, such as evening and weekend hours, are now standard practice in many parts of the banking business.
Vernon Hill's Latest Articles
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Small Banks Punished for Big Banks' Sins: Regulators, Lay Off
on May 09, 2008
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Federally Chartered Banks Can Get Out From Under the OCC's Thumb
on May 02, 2008
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OCC's Dugan Needs to Listen More, Dictate Less
on Apr 24, 2008
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RBS: Sir Fred Slips
on Apr 23, 2008
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Fed Bailout of Wall Street: Not Fair to the Commercial Banks
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GE: Immeltdown?
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TPG-WaMu Transaction Shows Lunacy in OCC Notion of 'Controlling Shareholders'
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Money Center Banks - The Greater Fool
on Apr 02, 2008
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Thrifts Like WaMu Could Suffer Under New Treasury Plan
on Mar 31, 2008
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Financial Sector Winners and Losers: Dimon, Callan Up; Pandit Down
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The Feds Didn’t Bring Spitzer Down - His Bank Did
on Mar 14, 2008
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Banks Need Capital - But Domestic Institutions Can't Supply It
on Mar 11, 2008
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XLF
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Citigroup's Management: Many Questions, Few Answers
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WaMu's New Ad Campaign: An Example of How Not to Build a Brand
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Could Citigroup Be Any More Dysfunctional?
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Banks Don't Need Goodwill
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Time to Speak Out Against the OCC's Planned Heavy Hand
on Feb 12, 2008
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Goodbye, Commerce Bancorp: Vernon Hill Mourns the End of an Era
on Feb 08, 2008
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CBH,
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