St. Louis, MO – March 5, 2021 – Commerce Bank announced today the appointment of Steve Olson as Vice President of Aviation Lending. Led by Sales Manager Sean Patrick, Steve will be tasked with helping Commerce Bank expand its specialty aviation business segment dedicated to supporting clients with the specialized solutions required to meet the needs of this unique asset.
“I am excited to join the Commerce Bank Equipment Finance Team,” said Olson. “I have known and admired Sean and Commerce Bank as an industry peer over the years. The opportunity to work with Commerce Bank and all the members of this organization to grow our US aviation lending presence is uplifting.”
“Steve’s extensive equipment financing experience will be valuable assets to Commerce and the aviation vertical he serves throughout the region,” said Patrick. “I have the utmost confidence in Steve’s leadership and ability to deliver the highest level of quality banking services to our customers. ”
Olson’s most recent experience includes serving as Vice President and Team for the Equipment Finance Aviation for Truist Financial Corporation. He earned a bachelor’s degree in business administration from Washington State University and is active within industry associations including National Aviation Finance Association, International Aviation Dealers Association and National Business Aviation Association.
About Commerce Bank
With $32.9 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 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. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.
1. As of December 31, 2020