Commerce Bank Benefits

66 Ratings

Employer Summary

At Commerce Bank, our people are our number one asset. Your health and wellness, financial security and work-life balance are important to us. We know your needs are unique, and we strive to offer a competitive compensation program and an array of benefits that work best for you and your family.

We understand.....

You have a choice in where you work.

We’re committed to providing a variety of highly competitive rewards to attract, motivate and retain the best and brightest talent in the industry. Commerce provides these rewards in exchange for your time, talents and efforts that contribute to our success.

Your well-being is much more than a paycheck.

We take a comprehensive approach to benefits. Our strategy is focused on four main components: Physical Well-Being, Financial Well-Being, Emotional Well-Being and Career Development.

You are one of Commerce’s greatest assets.

We believe our total rewards strategy contributes to a culture that values its team members and enables them to continually strive for excellence, while having their sights set on what’s needed for our long-term success.

You expect openness and clarity into things that impact you.

We believe in explaining the “how” and “why,” not just the “what,” when explaining decisions and other things related to Total Rewards that impact our team members. Education is a key component in communicating our Total Rewards.

Learn more about our Benefits 

Employee Benefit Reviews

Showing 1–10 of 66 comments

Most Commented

  • Health Insurance(10 comments)

    Health insurance options for each employee

  • 401K Plan(10 comments)

    Matching changes with experience and age

  • Vacation & Paid Time Off(7 comments)

    You get all your days at once for the year

Mar 11, 2021
Current Manager in Saint Louis, MO, Missouri

401k is a great benefit and great company culture

May 28, 2021
Current Employee

Great vision and dental insurance

Mar 30, 2021
Former Employee

a bit expensive, no domestic partner coverage. minimal pension, 401k match

Feb 11, 2021
Current Employee

Overall, Commerce has a decent benefits package, including company contributions to HSA and 401k (which fully vests at the 3 year mark). Time off is pretty good, especially considering the bank holidays. Health insurance options are fine. They offer discounts on insurance premiums to employees that participate in various healthy activities, though the program changed this year making it nearly impossible to accrue enough points to get the highest possible discount.

Jun 6, 2021
Current Employee

The beginning of each year you get all your vacation days at once

Jun 3, 2021
Current Employee

Good Paid time off programs, good 401k match

Apr 23, 2021
Current Employee

Including vision and ability to purchase vacation.

Dec 2, 2020
Former Employee

Vacation and PTO were great! A great place to work at. No complains, you can totally grow in no time.

Mar 11, 2021
Former Employee

401k, Vacation, sick time

Sep 16, 2020
Former Employee

Good place to work for.

Viewing 1 - 10 of 66 Reviews

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • Health Insurance (47)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance (13)
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance (10)
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • 401K Plan (47)
  • Retirement Plan
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

Vacation & Time Off

Perks & Discounts

Professional Support

Popular Careers with Commerce Bank Job Seekers

Personal Banker
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Associate Software Developer
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