DETROIT, June 27 /PRNewswire-FirstCall/ -- Comerica Bank (Michigan)
announced it will lower its prime rate to 4.00 percent from 4.25 percent,
effective today.Comerica Bank (Michigan) is a subsidiary of
Comerica Incorporated (NYSE: CMA), a financial services company strategically
aligned into three major lines of business: the Business Bank, the Individual
Bank and the Investment Bank. Through its more than 500 customer-service
locations, including branch, lending and investment offices, Comerica focuses
on relationships, which helps businesses and people be successful. Comerica
is ideally positioned to deliver high quality financial services in Michigan,
California and Texas, as well as in Florida, and numerous other states, Canada
and Mexico. Munder Capital Management and Comerica Securities are investment
services affiliates. Comerica reported total assets of $56 billion at March
31, 2003. To receive e-mail alerts of breaking Comerica news, go to
www.comerica.com/newsalerts .