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

              Prospectus Supplement No. 14 dated December 18, 2003
                                  $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,


                                  COMMERCE BANK
                                      LOGO



      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 Owned and
               Selling Securityholder                          Offered
- --------------------------------------------          -------------------------
Randolph-Macon Women's College - Liquidation                     500


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 December 18, 2003.