CoreFirst Bank & Trust
Encyclopedia
CoreFirst Bank & Trust is a community 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:...

 headquartered in Topeka, Kansas
Topeka, Kansas
Topeka |Kansa]]: Tó Pee Kuh) is the capital city of the U.S. state of Kansas and the county seat of Shawnee County. It is situated along the Kansas River in the central part of Shawnee County, located in northeast Kansas, in the Central United States. As of the 2010 census, the city population was...

. Commerce Bank & Trust changed its name to CoreFirst Bank & Trust in order to differentiate itself from other Commerce Bank
Commerce Bank
Commerce Bank is the name of several unrelated banks and bank holding companies in the United States, including:*Commerce Bancshares, based in Kansas City, Missouri, which does business as Commerce Bank in Missouri, Kansas, Illinois, Colorado and Oklahoma....

s, both in Kansas and nationwide. Since the name change, CoreFirst has operated under three different brands. The main brand used is CoreFirst Bank & Trust, which is in their traditional branches and most of their in-store branches. The second brand they do business under is Commerce Bank & Trust Neighborhood Banking Center, which is only used in the bank's in-store branches located in Wal-Mart discount stores. The third brand they operate under is the Commerce Bank & Trust Home Loan Company, which they use to originate their first mortgage loans.

CoreFirst serves the following communities: Emporia Kansas, Leawood Kansas, Lenexa Kansas, Manhattan Kansas, Olathe Kansas, Shawnee Kansas, Topeka Kansas, Aurora Colorado, Centennial Colorado, Denver Colorado, Englewood Colorado, Highlands Ranch Colorado, and Parker Colorado.

The bank provides personal and commercial account services, including: deposit accounts, installment loans, real estate loans, Visa credit cards, investment management, trust services, lock box, and merchant card services. The bank also offers Internet Banking, Internet Billpayer, E-Statements, Debit & ATM Cards, a network of ATMs with the option of English or Spanish, and an Automated Phone Information System in English and Spanish.

History

CoreFirst Bank & Trust opened November 30, 1959 as Commerce State Bank. Commerce State Bank received trust
Trust company
A trust company is a corporation, especially a commercial bank, organized to perform the fiduciary of trusts and agencies. It is normally owned by one of three types of structures: an independent partnership, a bank, or a law firm, each of which specializes in being a trustee of various kinds of...

 power and in 1976 changed its name to Commerce Bank & Trust. Commerce opened its first in-store branches (grocery store) in 1988. In 1997, the first location outside of Topeka opened in Emporia, Kansas
Emporia, Kansas
Emporia is a city in and the county seat of Lyon County, Kansas, United States. As of the 2010 census, the city population was 24,916. Emporia lies between Topeka and Wichita at the intersection of U.S. Route 50 with Interstates 335 and 35 on the Kansas Turnpike...

. Commerce reached $1 billion in assets in 2004.

On September 4, 2007, Commerce Bank & Trust changed its name to CoreFirst Bank & Trust to allow for expansion outside of its current market, Emporia & Topeka Kansas. CoreFirst Bank & Trust assumed the charter of First United Bank, NA Englewood, Colorado. Through this, CoreFirst opened its first location in Englewood, Colorado in September 2007. Later that year, CoreFirst opened its first Kansas City area branch in Shawnee, Kansas
Shawnee, Kansas
Shawnee is a city located in northwest Johnson County, Kansas, United States and is a western suburb of Kansas City, Missouri. As of the 2010 census, the city population was 62,209. Shawnee's fur trading and pioneering heritage blends histories of these Kansas Territory townships: Monticello and...

. Since 2007, CoreFirst has opened 12 additional locations in the Denver Colorado area, 3 additional locations in the Kansas City Kansas area, and 1 location in Manhattan Kansas. CoreFirst's branch network now consists of 40 branches in Kansas and Colorado.
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