<PAGE>
       As filed with the Securities and Exchange Commission on May 12, 1997

                                                     Registration No. 333-_____


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                             COMMERCE BANCORP, INC.
             (Exact name of Registrant as specified in its charter)


             New Jersey                                     22-2433468
------------------------------------             -----------------------------
  (State or other jurisdiction of                       (I.R.S. Employer
   incorporation or organization)                     Identification Number)


                                 COMMERCE ATRIUM
                               1701 Route 70 East
                             Cherry Hill, N.J. 08003
                    (Address of Principal Executive Offices)

                  COMMERCE BANCORP, INC. 401(K) RETIREMENT PLAN
                            (Full title of the Plan)

                              C. EDWARD JORDAN, JR.
                            Executive Vice-President
                             Commerce Bancorp, Inc.
                               1701 Route 70 East
                             Cherry Hill, N.J. 08003
                                1 (609) 751-9000
                      (Name, address and telephone number,
                   including area code, of agent for service)

                          Copies of Communications To:

                          LAWRENCE R. WISEMAN, ESQUIRE
                          Blank Rome Comisky & McCauley
                           1200 Four Penn Center Plaza
                        Philadelphia, Pennsylvania 19103
                                 (215) 569-5549

                         CALCULATION OF REGISTRATION FEE
<TABLE>
<CAPTION>
================================================================================================================================
                                            Amount            Proposed maximum          Proposed maximum           Amount of
        Title of securities                 to be              offering price          aggregate offering      registration fee
          to be registered              registered(1)           per share(2)               price (2)
==================================== ==================== ========================  ========================  ===================
<S>                                       <C>                        <C>                   <C>                      <C>      
Common Stock, par value                   500,000                    $32.375               $16,187,500              $4,905.00
$1.5625 per share ..................
------------------------------------ -------------------- ------------------------  ------------------------  -------------------
</TABLE>

(1)     In addition, pursuant to Rule 416(c) under the Securities Act of 1933,
        as amended, this Registration Statement also covers an indeterminate
        amount of interests to be offered or sold pursuant to the employee
        benefit plan described herein.

(2)     The amounts are based upon the average of the high and low sale prices
        for the Common Stock as reported on the New York Stock Exchange on May
        8, 1997, and are used solely for the purpose of calculating the
        registration fee in accordance with Rule 457(c) under the Securities Act
        of 1933, as amended.


<PAGE>

                                     PART I

              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

  The document(s) containing the information specified in Part I of Form S-8
will be sent or given to participants in the Commerce Bancorp, Inc. 401(k)
Retirement Plan (the "Plan") as specified by Rule 428(b)(1) promulgated by the
Securities and Exchange Commission (the "Commission") under the Securities Act
of 1933, as amended (the "Securities Act").

  Such documents are not being filed with the Commission, but constitute (along
with the documents incorporated by reference into this Registration Statement
pursuant to Item 3 of Part II hereof) a Prospectus that meets the requirements
of Section 10(a) of the Securities Act.

  The Company shall furnish without charge to each person to whom the Prospectus
is delivered, on the written or oral request of such person, a copy of any and
all of the documents incorporated by reference, other than exhibits to such
documents (unless such exhibits are specifically incorporated by reference to
the information that is incorporated). Requests should be directed to Commerce
Bancorp, Inc., 1701 Route 70 East, Cherry Hill, N.J. 08003, Attention: C. Edward
Jordan, Jr., Executive Vice-President, telephone number (609) 751-9000.




                                       I-1

<PAGE>

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.        Incorporation of Certain Documents by Reference.

The Registrant and the Plan hereby incorporate by reference in this Registration
Statement the following documents:

 (a)    Registrant's Annual Report on Form 10-K for the fiscal year ended
        December 31, 1996; and

 (b)    All other reports filed by the Registrant pursuant to Section 13(a) or
        15(d) of the Exchange Act since December 31, 1996; and

 (c)    The description of the Company's Common Stock, which is incorporated by
        reference from the Company's Registration Statement on Form S-4 (File
        No. 333-16263) filed with the Commission on November 15, 1996 and all
        amendments or reports filed for the purpose of updating such
        description.

  All documents subsequently filed by the Company with the Commission pursuant
to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, after the date
hereof, and prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold hereunder, shall be deemed incorporated by
reference into this Registration Statement and to be a part thereof from the
date of the filing of such documents.

  All information appearing in this Registration Statement and the Prospectus is
qualified in its entirety by the detailed information, including financial
statements, appearing in the documents incorporated herein or therein by
reference.

Item 4.        Description of Securities.

        Not Applicable.

Item 5.        Interests of Named Experts and Counsel.

  Jack R Bershad, a partner in Blank Rome Comisky & McCauley, is a director of
the Company. Mr. Bershad and certain other partners of Blank Rome Comisky &
McCauley are shareholders of the Company.


                                      II-1

<PAGE>

Item 6.        Indemnification of Directors and Officers.

  Section 14A:3-5 of the New Jersey Business Corporation Act provides, in
substance, that New Jersey corporations shall have the power, under specified
circumstances, to indemnify their directors, officers, employees and agents in
connection with actions, suits or proceedings brought against them or in the
right of the corporation, by reason of the fact that they were or are such
directors, officers, employees or agents, against expenses incurred in any such
action, suit or proceeding.

 Article VI of the Company's By-laws provides for indemnification to the fullest
extent permitted by Section 14A:3-5.

Item 7.        Exemption from Registration Claimed.

 Not Applicable.

Item 8.        Exhibits.

  The following exhibits are filed as part of this Registration Statement or,
where so indicated have been previously filed and are incorporated herein by
reference.


     Exhibit Number            Description

              5.1              Opinion of Blank Rome Comisky & McCauley

              10.1             Commerce Bancorp, Inc. 401(k) Retirement Plan*

              23.1             Consent of Blank Rome Comisky & McCauley
                               (included in Exhibit 5.1)

              23.2             Consent of Ernst & Young LLP

              24.1             Power of Attorney (included on signature page)

---------------------------
* To be filed by amendment.

Item 9.       Undertakings.

     (a)      The undersigned Registrant hereby undertakes:

              (1)      To file, during any period in which offers or sales are
being made, a Post-Effective Amendment to this Registration Statement;


                                      II-2

<PAGE>

                       (i) To include any Prospectus required by section 10(a)
(3) of the Securities Act:

                       (ii) To reflect in the Prospectus any facts or events
arising after the effective date of the Registration Statement (or the most
recent Post-Effective Amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in the
Registration Statement;

                       (iii) To include any material information with respect to
the plan of distribution not previously disclosed in the Registration Statement
or any material change to such information in the Registration Statement;

     Provided, however, that paragraph (a)(1)(i) and (a)(1)(ii) do not apply if
the Registration Statement is on Form S-3 or S-8 and the information required to
be included in a Post-Effective Amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to section 13 or section 15(d)
of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") that
are incorporated by reference in the Registration Statement.

              (2) That for the purpose of determining any liability under the
Securities Act, each such Post-Effective Amendment shall be deemed to be a new
Registration Statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

              (3) To remove from registration by means of Post-Effective
Amendment any of the securities being registered which remain unsold at the
termination of the offering.

     (b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's Annual Report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
Annual Report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a
new Registration Statement to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide
offering thereof.

     (c) Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question

                                      II-3

<PAGE>

whether such  indemnification by it is against public policy as expressed in the
Act and will be governed by the final adjudication of such issue.



                                      II-4

<PAGE>

                                   SIGNATURES


     Pursuant to the requirements of the Securities Act of 1933, as amended, the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto
duly authorized, in Cherry Hill, New Jersey, on this 12th day of May, 1997.

                                            COMMERCE BANCORP, INC.


                                        By: /s/ Vernon W. Hill, II
                                            ----------------------------------
                                            Vernon W. Hill, II
                                            Chairman of the Board and President

     Each person whose signature appears below hereby authorizes Vernon W. Hill,
II or C. Edward Jordan, Jr. to file one or more Amendments, including
Post-Effective Amendments, to this Registration Statement, which Amendments may
make such changes as Vernon W. Hill, II or C. Edward Jordan, Jr. deem
appropriate, and each person whose signature appears below, individually and in
each capacity stated below hereby appoints Vernon W. Hill, II or C. Edward
Jordan, Jr. as attorney-in-fact to execute in his name and on his behalf any
such Amendments to this Registration Statement.

     Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the date indicated.
<TABLE>
<CAPTION>


                 SIGNATURE                                 Capacity                           Date
-------------------------------------------   -----------------------------------   ------------------------


<S>                                           <C>                                         <C>    
 /s/ Vernon W. Hill, II                       Chairman of the Board, President            May 12, 1997
 -------------------------------
 Vernon W. Hill, II                           and Director (Principal Executive
                                              Officer)

/s/ C. Edward Jordan, Jr.                     Executive Vice President and                May 12, 1997
--------------------------------
C. Edward Jordan, Jr.                         Director (Principal Financial and
                                              Accounting Officer)

/s/ Robert C. Beck                            Secretary and Director                      May 12, 1997
--------------------------------
Robert C. Beck

/s/ David Baird, IV                           Director                                    May 12, 1997
--------------------------------
David Baird, IV


/s/ Jack R Bershad                            Director                                    May 12, 1997
--------------------------------
Jack R Bershad

/s/ Joseph E. Buckelew                        Director                                    May 12, 1997
--------------------------------
Joseph E. Buckelew
</TABLE>



                                      II-5

<PAGE>
<TABLE>
<CAPTION>
                 SIGNATURE                                 Capacity                           Date
-------------------------------------------   -----------------------------------   ------------------------

<S>                                          <C>                                         <C> 
/s/ Morton N. Kerr                            Director                                    May 12, 1997
--------------------------------
Morton N. Kerr

/s/ Steven M. Lewis                           Director                                    May 12, 1997
--------------------------------
Steven M. Lewis

/s/ Daniel J. Ragone                          Director                                    May 12, 1997
--------------------------------
Daniel J. Ragone

/s/ Joseph T. Tarquini, Jr.                   Director                                    May 12, 1997
--------------------------------
Joseph T. Tarquini, Jr.

</TABLE>
                                      II-6

<PAGE>





                                  EXHIBIT INDEX


S-B Exhibit Numbers                            Description

             5.1                Opinion of Blank Rome Comisky & McCauley

            10.1                Commerce Bancorp, Inc. 401(k) Retirement Plan*

            23.1                Consent of Ernst & Young LLP





----------------------------
* To be filed by amendment.
[{"type": "S-8", "sequence": "1", "description": "FORM S-8", "secsgml_size_bytes": 16850}]
{"company-data": {"conformed-name": "COMMERCE BANCORP INC /NJ/", "cik": "0000715096", "assigned-sic": "6021", "irs-number": "222433468", "state-of-incorporation": "NJ", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-26965", "film-number": "97601696"}, "business-address": {"street1": "COMMERCE ATRIUM", "street2": "1701 RTE 70 E", "city": "CHERRY HILL", "state": "NJ", "zip": "08034-5400", "phone": "6097519000"}, "mail-address": {"street1": "1701 ROUTE 70 EAST", "city": "CHERRY HILL", "state": "NJ", "zip": "08034-5400"}}
As filed with the Securities and Exchange Commission on May 12, 1997

                                                     Registration No. 333-_____

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                             COMMERCE BANCORP, INC.
             (Exact name of Registrant as specified in its charter)

             New Jersey                                     22-2433468
------------------------------------             -----------------------------
  (State or other jurisdiction of                       (I.R.S. Employer
   incorporation or organization)                     Identification Number)

                                 COMMERCE ATRIUM
                               1701 Route 70 East
                             Cherry Hill, N.J. 08003
                    (Address of Principal Executive Offices)

                  COMMERCE BANCORP, INC. 401(K) RETIREMENT PLAN
                            (Full title of the Plan)

                              C. EDWARD JORDAN, JR.
                            Executive Vice-President
                             Commerce Bancorp, Inc.
                               1701 Route 70 East
                             Cherry Hill, N.J. 08003
                                1 (609) 751-9000
                      (Name, address and telephone number,
                   including area code, of agent for service)

                          Copies of Communications To:

                          LAWRENCE R. WISEMAN, ESQUIRE
                          Blank Rome Comisky & McCauley
                           1200 Four Penn Center Plaza
                        Philadelphia, Pennsylvania 19103
                                 (215) 569-5549

                         CALCULATION OF REGISTRATION FEE
================================================================================================================================
                                            Amount            Proposed maximum          Proposed maximum           Amount of
        Title of securities                 to be              offering price          aggregate offering      registration fee
          to be registered              registered(1)           per share(2)               price (2)
==================================== ==================== ========================  ========================  ===================
Common Stock, par value                   500,000                    $32.375               $16,187,500              $4,905.00
$1.5625 per share ..................
------------------------------------ -------------------- ------------------------  ------------------------  -------------------
(1)     In addition, pursuant to Rule 416(c) under the Securities Act of 1933,
        as amended, this Registration Statement also covers an indeterminate
        amount of interests to be offered or sold pursuant to the employee
        benefit plan described herein.

(2)     The amounts are based upon the average of the high and low sale prices
        for the Common Stock as reported on the New York Stock Exchange on May
        8, 1997, and are used solely for the purpose of calculating the
        registration fee in accordance with Rule 457(c) under the Securities Act
        of 1933, as amended.
PART I

              INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

  The document(s) containing the information specified in Part I of Form S-8
will be sent or given to participants in the Commerce Bancorp, Inc. 401(k)
Retirement Plan (the "Plan") as specified by Rule 428(b)(1) promulgated by the
Securities and Exchange Commission (the "Commission") under the Securities Act
of 1933, as amended (the "Securities Act").

  Such documents are not being filed with the Commission, but constitute (along
with the documents incorporated by reference into this Registration Statement
pursuant to Item 3 of Part II hereof) a Prospectus that meets the requirements
of Section 10(a) of the Securities Act.

  The Company shall furnish without charge to each person to whom the Prospectus
is delivered, on the written or oral request of such person, a copy of any and
all of the documents incorporated by reference, other than exhibits to such
documents (unless such exhibits are specifically incorporated by reference to
the information that is incorporated). Requests should be directed to Commerce
Bancorp, Inc., 1701 Route 70 East, Cherry Hill, N.J. 08003, Attention: C. Edward
Jordan, Jr., Executive Vice-President, telephone number (609) 751-9000.

                                       I-1
PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3.        Incorporation of Certain Documents by Reference.

The Registrant and the Plan hereby incorporate by reference in this Registration
Statement the following documents:

 (a)    Registrant's Annual Report on Form 10-K for the fiscal year ended
        December 31, 1996; and

 (b)    All other reports filed by the Registrant pursuant to Section 13(a) or
        15(d) of the Exchange Act since December 31, 1996; and

 (c)    The description of the Company's Common Stock, which is incorporated by
        reference from the Company's Registration Statement on Form S-4 (File
        No. 333-16263) filed with the Commission on November 15, 1996 and all
        amendments or reports filed for the purpose of updating such
        description.

  All documents subsequently filed by the Company with the Commission pursuant
to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act, after the date
hereof, and prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters all
securities then remaining unsold hereunder, shall be deemed incorporated by
reference into this Registration Statement and to be a part thereof from the
date of the filing of such documents.

  All information appearing in this Registration Statement and the Prospectus is
qualified in its entirety by the detailed information, including financial
statements, appearing in the documents incorporated herein or therein by
reference.

Item 4.        Description of Securities.

        Not Applicable.

Item 5.        Interests of Named Experts and Counsel.

  Jack R Bershad, a partner in Blank Rome Comisky & McCauley, is a director of
the Company. Mr. Bershad and certain other partners of Blank Rome Comisky &
McCauley are shareholders of the Company.

                                      II-1
Item 6.        Indemnification of Directors and Officers.

  Section 14A:3-5 of the New Jersey Business Corporation Act provides, in
substance, that New Jersey corporations shall have the power, under specified
circumstances, to indemnify their directors, officers, employees and agents in
connection with actions, suits or proceedings brought against them or in the
right of the corporation, by reason of the fact that they were or are such
directors, officers, employees or agents, against expenses incurred in any such
action, suit or proceeding.

 Article VI of the Company's By-laws provides for indemnification to the fullest
extent permitted by Section 14A:3-5.

Item 7.        Exemption from Registration Claimed.

 Not Applicable.

Item 8.        Exhibits.

  The following exhibits are filed as part of this Registration Statement or,
where so indicated have been previously filed and are incorporated herein by
reference.

     Exhibit Number            Description

              5.1              Opinion of Blank Rome Comisky & McCauley

              10.1             Commerce Bancorp, Inc. 401(k) Retirement Plan*

              23.1             Consent of Blank Rome Comisky & McCauley
                               (included in Exhibit 5.1)

              23.2             Consent of Ernst & Young LLP

              24.1             Power of Attorney (included on signature page)

---------------------------
* To be filed by amendment.

Item 9.       Undertakings.

     (a)      The undersigned Registrant hereby undertakes:

              (1)      To file, during any period in which offers or sales are
being made, a Post-Effective Amendment to this Registration Statement;

                                      II-2
(i) To include any Prospectus required by section 10(a)
(3) of the Securities Act:

                       (ii) To reflect in the Prospectus any facts or events
arising after the effective date of the Registration Statement (or the most
recent Post-Effective Amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in the
Registration Statement;

                       (iii) To include any material information with respect to
the plan of distribution not previously disclosed in the Registration Statement
or any material change to such information in the Registration Statement;

     Provided, however, that paragraph (a)(1)(i) and (a)(1)(ii) do not apply if
the Registration Statement is on Form S-3 or S-8 and the information required to
be included in a Post-Effective Amendment by those paragraphs is contained in
periodic reports filed by the Registrant pursuant to section 13 or section 15(d)
of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") that
are incorporated by reference in the Registration Statement.

              (2) That for the purpose of determining any liability under the
Securities Act, each such Post-Effective Amendment shall be deemed to be a new
Registration Statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

              (3) To remove from registration by means of Post-Effective
Amendment any of the securities being registered which remain unsold at the
termination of the offering.

     (b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's Annual Report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
Annual Report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the Registration Statement shall be deemed to be a
new Registration Statement to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona fide
offering thereof.

     (c) Insofar as indemnification for liabilities arising under the Securities
Act may be permitted to directors, officers and controlling persons of the
Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act
and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered, the Registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question

                                      II-3
whether such  indemnification by it is against public policy as expressed in the
Act and will be governed by the final adjudication of such issue.

                                      II-4
SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, as amended, the
Registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form S-8 and has duly caused this Registration
Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto
duly authorized, in Cherry Hill, New Jersey, on this 12th day of May, 1997.

                                            COMMERCE BANCORP, INC.

                                        By: /s/ Vernon W. Hill, II
                                            ----------------------------------
                                            Vernon W. Hill, II
                                            Chairman of the Board and President

     Each person whose signature appears below hereby authorizes Vernon W. Hill,
II or C. Edward Jordan, Jr. to file one or more Amendments, including
Post-Effective Amendments, to this Registration Statement, which Amendments may
make such changes as Vernon W. Hill, II or C. Edward Jordan, Jr. deem
appropriate, and each person whose signature appears below, individually and in
each capacity stated below hereby appoints Vernon W. Hill, II or C. Edward
Jordan, Jr. as attorney-in-fact to execute in his name and on his behalf any
such Amendments to this Registration Statement.

     Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the date indicated.
SIGNATURE                                 Capacity                           Date
-------------------------------------------   -----------------------------------   ------------------------
/s/ Vernon W. Hill, II                       Chairman of the Board, President            May 12, 1997
 -------------------------------
 Vernon W. Hill, II                           and Director (Principal Executive
                                              Officer)

/s/ C. Edward Jordan, Jr.                     Executive Vice President and                May 12, 1997
--------------------------------
C. Edward Jordan, Jr.                         Director (Principal Financial and
                                              Accounting Officer)

/s/ Robert C. Beck                            Secretary and Director                      May 12, 1997
--------------------------------
Robert C. Beck

/s/ David Baird, IV                           Director                                    May 12, 1997
--------------------------------
David Baird, IV

/s/ Jack R Bershad                            Director                                    May 12, 1997
--------------------------------
Jack R Bershad

/s/ Joseph E. Buckelew                        Director                                    May 12, 1997
--------------------------------
Joseph E. Buckelew
II-5
SIGNATURE                                 Capacity                           Date
-------------------------------------------   -----------------------------------   ------------------------
/s/ Morton N. Kerr                            Director                                    May 12, 1997
--------------------------------
Morton N. Kerr

/s/ Steven M. Lewis                           Director                                    May 12, 1997
--------------------------------
Steven M. Lewis

/s/ Daniel J. Ragone                          Director                                    May 12, 1997
--------------------------------
Daniel J. Ragone

/s/ Joseph T. Tarquini, Jr.                   Director                                    May 12, 1997
--------------------------------
Joseph T. Tarquini, Jr.
II-6
EXHIBIT INDEX

S-B Exhibit Numbers                            Description

             5.1                Opinion of Blank Rome Comisky & McCauley

            10.1                Commerce Bancorp, Inc. 401(k) Retirement Plan*

            23.1                Consent of Ernst & Young LLP

----------------------------
* To be filed by amendment.