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MERCANTIL COMMERCEBANK OPENS BANKING CENTER IN PALM BEACH COUNTY
The new Lantana Road-West Branch marks the expansion of the Bank in a market of strategic importance

Coral Gables, FL - February 17, 2009

Mercantil Commercebank, one of the largest privately held banks in South Florida, announced today its expansion into Palm Beach County with the opening of its first Banking Center in the area, adding to its network now comprising 16 Banking Centers in the United States, out of which 14 are in South Florida.

The new Lantana Road-West branch is located at 6272 Lantana Road, Lake Worth, in the Pinewood Square Shopping Center at the SE corner of Lantana Road and Jog Road. Headed by Jose de la Torre III as General Manager, the 2,700 square branch offers a full array of services including retail, commercial, domestic and international banking products designed to meet the financial needs of existing and potential customers in the area. The branch will also feature a drive-thru, ATM, and night deposit drop box.

“The diversity and size of Palm Beach County are of strategic importance to our business expansion, ”said Millar Wilson, President & CEO of Mercantil Commercebank. “We continue seizing opportunities and look forward to broadening our presence in South Florida in 2009.”

Palm Beach County is Florida’s third most populous county, and has the highest per capita personal income in the state. The Bank will soon be opening an additional branch in Broward County.

Mercantil Commercebank Lantana Road-West Banking Center
Hours of Operation:
Lobby: Mon - Thu 9 am - 4 pm, Fri 9 am - 6 pm
Effective June 27, 2009: Saturday hours 9 am - 1 pm
Drive-thru: Mon - Thu 8 am - 5 pm, Fri 8 am - 6 pm
Tel. 561-515-1340
Fax. 561-515-1359

ABOUT MERCANTIL COMMERCEBANK:
Mercantil Commercebank N.A. is one of the largest privately held banks in South Florida serving its community for 30 years. Mercantil Servicios Financieros (MSF), a Venezuelan company, beneficially owns the Bank through U.S. bank holding companies. MSF is the largest provider of financial services in Venezuela, with more than 80 years of experience. Mercantil Commercebank has assets in excess of $6.0 billion. The Bank is headquartered in Coral Gables, Florida, and has sixteen Banking Centers, fourteen in South Florida; one in Manhattan, New York; and one in Houston, Texas. Mercantil Commercebank offers a wide variety of domestic, international, personal, and commercial banking services, including investment, trust, and estate planning through its subsidiaries, Mercantil Commercebank Investment Services, Inc. and Mercantil Commercebank Trust Company, N.A. For more information, please visit www.mercantilcb.com.

Editor's Note: There's another bank in South Florida whose moniker includes the word 'Mercantile.' Please note that we are MERCANTIL COMMERCEBANK. Thank you.