Case Study: POWERS Insurance & Risk Management strengthens community and growth with Commerce Bank

Ensuring a Better Community.

POWERS Insurance & Risk Management, a family-owned independent insurance agency, sought a banking partner that would support its vision to establish a prominent office location in St. Louis City, a move its previous bank was unwilling to finance. Commerce Bank provided the necessary financing and business banking services, enabling the agency to secure its ideal location and begin a strong partnership.

Commerce Bank's solution went beyond financing, evolving into a collaborative relationship that included hosting joint cybersecurity seminars for the bank's clients and appointing a POWERS executive to its advisory board. This partnership provided POWERS with the resources to grow its business and its sister company, Valley Insurance Agency Alliance, to 135 member agencies, while both organizations worked together to support the local community.

POWERS Insurance & Risk Management