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Vernon Hill

Vernon W. Hill writes to us as co-Chairman of ( (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 ...More

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