HOUSTON, Jan. 3 /PRNewswire-FirstCall/ -- Comerica Bank today opened a new banking center at City West and Briar Forest, the third new office in the west side of Houston in the past five weeks.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
The Detroit-based bank late last year opened two other banking centers in west Harris County, one at I-10 and Brogden and another at Olive Hill and Eldridge Parkway, continuing its growth in the Houston area. With this latest location, Comerica Bank now has 25 banking centers in the Houston area.
"This new City West location, coupled with our West Loop hub and the new banking centers at I-10 and Eldgridge Parkway, provide us with excellent coverage of the west side of Houston," said Gary Orr, Houston market president for Comerica Bank. "Our presence in this area is important to our overall growth strategy."
* City West-Briar Forest Banking Center is located at 10489 Briar Forest Drive, Houston. The manager is Herbert Brown. * Olive Hill-Eldridge Parkway is located at 1503 Eldridge Parkway, Houston. The manager is Patty Fisher. * I-10-Brogden Banking Center is located at 8899 Katy Freeway, Houston. The manager is Ted Mixon.
Orr said the bank plans to accelerate the pace of its banking center expansion in South Texas in 2007, opening as many as eight new locations in Harris, Fort Bend and Montgomery Counties by December 2007. He said this aggressive growth strategy will continue through 2010, when it is expected that Texas will have grown to 20 percent of Comerica's national banking center total.
The new banking centers feature Saturday morning banking hours, an ATM (automated teller machine) and night depositories.
About Comerica Bank
The Texas Market of Comerica Bank includes 69 banking centers in the key Texas markets of Dallas, Houston and Austin. In the third quarter of 2006, Comerica's Texas Market generated 11 percent of the net income for Comerica Incorporated (NYSE: CMA), on approximately $6.5 billion in assets at Sept. 30, 2006.
Comerica Incorporated is a financial services company strategically aligned into three business segments: the Business Bank, Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping people be successful. In addition to Texas, Comerica Bank locations can be found in Michigan, California, Florida and Arizona, with select businesses operating in several other states, Canada and Mexico. Comerica Incorporated reported total assets of $58.5 billion at Sept. 30, 2006. To
receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOPRN Photo Desk, photodesk@prnewswire.com
SOURCE: Comerica Bank
CONTACT: Pamela Cathion of Comerica Bank, +1-713-220-5690,
Web site: http://www.comerica.com/