Filed pursuant to Rule 424(b)(3)
                           Registration No. 333-87512
                          Registration No. 333-87512-01

                Prospectus Supplement No. 8 dated August 30, 2002

                                  $200,000,000

                            Commerce Capital Trust II

                  5.95% Convertible Trust Preferred Securities

                    (liquidation amount $50.00 per security)
                    guaranteed to the extent described herein
                  by, and convertible into the common stock of,


                                 [LOGO OMITTED]



         This is a supplement to the prospectus dated May 10, 2002 relating to
resales of 5.95% Convertible Trust Preferred Securities of Commerce Capital
Trust II (the "trust preferred securities") (including, for purposes of the
prospectus, the related junior subordinated convertible debentures and
guarantee) and Commerce Bancorp, Inc. common stock issuable upon conversion of
the trust preferred securities.

         The table in the "Selling Securityholders" section on pages 73-75 of
the prospectus is hereby supplemented by the addition of the following
information regarding selling securityholders, which information includes
amounts which are in addition to, and in some cases in substitution for, amounts
listed for the same or other selling securityholders in the prospectus dated May
10, 2002, and in prior Supplements:

                                                     Number of Trust
                                                  Preferred Securities
         Selling Securityholder                      Owned and Offered
         ----------------------                   ---------------------
    Jefferies & Co., Inc.                                    770
    Merrill Lynch, Pierce, Fenner & Smith Inc.            33,330(1)

         (1) Includes 17,830 trust preferred securities previously disclosed as
owned and offered by Merrill Lynch, Pierce, Fenner & Smith Inc.

All of the other portions of the prospectus, as previously supplemented, remain
unchanged.

See "Risk Factors" beginning on page 12 of the prospectus to read about risks
you should consider before investing in the trust preferred securities.

These securities are not deposits or other obligations of a bank. These
securities are not insured by the Federal Deposit Insurance Corporation or any
other governmental agency or instrumentality.



Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved of these securities or determined if the
prospectus or this prospectus supplement is truthful or complete. Any
representation to the contrary is a criminal offense.



           The date of this prospectus supplement is August 30, 2002.