Commerce Bank promoted Ashley Stout to an equipment finance sales associate.

In her new role, she will work in the bank’s Municipal Equipment Finance group to prepare proposals, originate, approve, document and fund/close all equipment finance lease transactions for municipal customers.

Stout has more than 13 years of experience in banking, including more than seven at Commerce Bank.

Headquartered in Kansas City, MO, Commerce Bank is a 150-plus year-old bank and the 20th largest bank in the U,S,  by market capitalization. It act as a general equipment financier in various industries, including, among others, municipal finance, commercial, agricultural, health care, transportation, manufacturing and construction.