Breen Named to 40 Under Forty List

WICHITA, Kan. - Commerce Bank is announcing updates to the structure of its leadership team in Kansas.

Craig Duerksen was named regional director and president of Commerce Bank - Kansas. Responsible for aligning and leading Commerce's teams across Kansas, he brings 28 years of banking experience to the role with 20 years at Commerce Bank, where he most recently led the commercial banking team in Wichita.

Duerksen's position was previously held by Monte Cook, who has transitioned to chairman, Commerce Bank - Kansas.

"Monte has been a great leader and I am honored to assume this role and work more closely with our outstanding teams across the state," Duerksen said. "I am excited for the opportunity to deepen relationships and help our personal and business banking customers across the region focus on what matters most."

In tandem, Todd Anciaux has been named president, Commerce Bank - Wichita. In this role, Anciaux will lead the market and be directly responsible for the bank's commercial banking and community relations activities in Wichita, El Dorado and Hutchinson. Anciaux joined Commerce nearly 25 years ago, gaining extensive experience both in business banking and treasury management services. He has been a part of Commerce's leadership team in Wichita for the last 16 years, and most recently served as senior vice president and business banking team leader prior to this promotion.

"I've been proud to serve the Wichita market for the past 16 years and play a role in the meaningful work Commerce does every day to help support our customers as well as our community," Anciaux said. "I look forward to leading our talented teams in Wichita, Hutchinson and El Dorado as we continue to provide excellent service for our clients and leverage the resources of the bank to expand our client base within these communities."

These moves further support Commerce Bank's investment in Kansas as well as its commitment to providing best-in-class customer service.

"Both Craig and Todd exemplify strong leadership competencies, and these promotions are recognition of those skills and their numerous accomplishments," Cook said. "They are well-seasoned bankers, and these roles will afford them more time to lead our strategic growth plans and to be out in the community and throughout the region. Their shared experience adds value - not only to the teams they're leading - but also to the communities we serve."

About Commerce Bank

With $30.4 billion in assets¹, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages nearly 160 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. Beyond the Midwest, Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston and Naples. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial and wealth offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.

¹As of March 31, 2024