Business Services Industry
Fitch Withdraws Commerce Bank's IDR following Merger
Business Wire, June 2, 2008
NEW YORK -- Fitch Ratings has withdrawn the long-term Issuer Default Ratings (IDRs) of Commerce Bank, NA and Commerce Bank/North following the merger of these two banks into TD Banknorth, NA. The name of TD Banknorth, NA has been changed to TD Bank, NA. A complete list of withdrawn ratings follows.
Commerce Bank, NA
--Long-term IDR 'AA-';
--Short-term IDR 'F1 ';
--Short-term deposits 'F1 ';
--Individual 'B';
--Support '1'.
Commerce Bank/North
--Long-term IDR 'AA-';
--Long-term deposits 'AA';
--Short-term IDR 'F1 ';
--Short-term deposits 'F1 ';
--Individual 'B';
--Support '1'.
Related Results
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
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