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BANKING/ FINANCE

Compiled by James S. Granelli; Times staff writer

CommerceBank Resignation: Anthony M. Vitti has resigned as a director of CommerceBank and its parent company, CommerceBancorp, to devote more time to his own company and to his position as a trustee for the California State University system.

Vitti is an original member of the Newport Beach bank’s board. He is co-chairman of Manchester Development, the real estate development arm of Fidelity National Financial Inc., an Irvine-based title insurance holding company.

The board positions will remain vacant for now, said Clyde Gossert, the bank’s chairman.


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