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Commercial Bankshares history
Commercial Bankshares company history timeline
An ambitious man working in the mercantile business, Weil opened his own store, the Lincoln Paint and Color Company in 1892.
Dunn had started working in the bank in 1905 at the age of 17 and had gained invaluable experience first watching and later working closely with Morris Weil.
The panic of 1907 drove many banks out of business throughout the United States, and severe drought in the plains states led to a series of agricultural crises.
Morris Weil died in July 1945, having served as president of the bank for 43 years.
In May 1961, Glenn Max Yaussi replaced Dunn as president of the bank.
One of the most important developments at the bank also occurred during 1964.
In 1967, Paul Amen was appointed the fourth president of National Bank of Commerce, while Yaussi moved up to chairman and chief executive officer.
In 1972, the bank acquired the Mutual Savings Company of Lincoln, Nebraska.
In 1985, a bank holding company was incorporated to form First Commerce Bancshares.
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