Comerica Bank Targets More Than $280,000 in Contributions for Eight Texas Nonprofit Organizations
PRNewswire-FirstCall
DALLAS
(:CMA)

DALLAS, Nov. 8 /PRNewswire-FirstCall/ -- In a major community contributions announcement, Comerica Bank's Texas Community Reinvestment Act (CRA) group is earmarking more than $280,000 for eight Texas nonprofit community organizations. These organizations share Comerica's commitment to providing financial literacy training in each of the markets Comerica serves in Texas.

  (Logo:  NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )

  The organizations are:

  -- ACCION Texas is a San Antonio development corporation that provides
     credit to small businesses without access to loans from commercial
     sources. Through loans and services, ACCION Texas helps micro-
     entrepreneurs strengthen their businesses, stabilize and increase their
     incomes, create employment, and contribute to community economic
     revitalization.

  -- Business Invest in Growth (BIG) is an Austin micro-lending organization
     that assists small businesses to grow successfully by providing
     comprehensive education, tailored business counseling and flexible
     loans.

  -- Kym's Kids is a Dallas grassroots community organization that reaches
     out to help low- to moderate-income and homeless children. The
     organization provides charitable, benevolent and educational services
     to families and children, ages newborn through 19 years.

  -- Money Management International (MMI) is a Houston nonprofit community
     service organization that provides confidential financial counseling
     guidance, free consumer credit counseling services, educational
     resources and debt management assistance. In business since 1958, MMI
     helps consumers find the tools and solutions they need to achieve
     financial freedom.

  -- Neighborhood Recovery Community Development Corp. is a Houston
     corporation promoting the economic self-sufficiency of low- and
     moderate-income families in south central Houston by providing
     financial literacy; homebuyers and homeowner education; job readiness,
     job creation and retention training; and access to affordable multi-
     and single-family housing.

  -- PeopleFund is an Austin organization committed to promoting economic
     vitality and opportunity in underserved communities by providing
     financial services and technical assistance.

  -- Southern Dallas Development Corp. is a Dallas corporation that
     stimulates economic growth and encourages financial literacy in
     southern Dallas through strategic business financing.

  -- The PLAN Fund is a grassroots entrepreneur program in Dallas County
     with a mission to assist entrepreneurs in successfully starting and/or
     expanding their small businesses through specialized training and
     business loans.

"With Comerica becoming the largest Texas-based bank as a result of our corporate headquarters relocation to Dallas, we want to build on our already strong community commitment in Texas," said James M. Garavaglia, senior vice president of Corporate Compliance and Public Affairs for Comerica Bank. "These contributions are investments in communities and people. Comerica will continue to increase and enhance our community outreach in the future."

Irvin Ashford Jr., vice president of Corporate Compliance and Public Affairs and manager of Comerica's Community Reinvestment Act (CRA) department in Texas, agreed that Comerica will continue to look for opportunities that benefit the community. "Comerica's success as a company is directly linked to the effort we put forth to ensure our communities are economically healthy, with a good quality of life available to all citizens," he said.

Comerica Bank is a subsidiary of Comerica Incorporated, a financial services company headquartered in Dallas and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping people and businesses be successful. Comerica Bank locations can be found in Michigan, California, Texas, Arizona and Florida, with select businesses operating in several other states, and Canada and Mexico. Comerica reported total assets of $60 billion at Sept. 30, 2007. 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/CMALOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com

SOURCE: Comerica Bank

CONTACT: Vickie J. Cook of Comerica Bank, +1-214-969-6507,
vjcook@comerica.com

Web site: http://www.comerica.com/

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