DALLAS, TX/September 1, 2009 – In front of the soon-to-open full service banking center at North Bishop Avenue and West Colorado Boulevard, Comerica Bank today announced plans to open three new banking centers in Dallas’ Southern Sector between now and late 2010. To date in 2009, Comerica has contributed $255,785 of philanthropic support to the Southern Sector.
“Through Comerica’s continued expansion, we will be giving our customers greater access to our services, making it more convenient to assist our business partners. Additionally, through philanthropic giving and volunteer service, we hope to benefit the lives of our neighbors and contribute to the revitalization of Dallas’ Southern Sector,” said Irv Ashford, Jr., Vice President of External Affairs, Comerica Bank.
Comerica Bank already operates two full-service banking centers in the Southern Sector, and the new banking center at Bishop and Colorado is the first of its three new facilities in the area. Comerica expects to open two additional banking centers in 2010 at the intersections of Wheatland Road and Interstate 20, and Fort Worth Avenue and Bahama Drive.
Since Jan. 1, 2009, Comerica Charitable Foundation and Comerica Bank have contributed to multiple Southern Sector non-profit and community organizations – and non-profits who support programs in the Southern Sector – including the Southern Dallas Development Corporation ($50,000), The PLAN Fund ($50,000), Business Assistance Center ($15,000) and YMCA ($15,000), among several others. Funding has primarily been directed toward programs that focus on job training, micro-loans, housing assistance, continuing education and financial literacy initiatives.
“Comerica’s vision is to help people and businesses be successful, and our non-profit partners share this passion. Through the invaluable services they provide, these organizations are helping equip entrepreneurs, young people and seniors with the tools they need to be successful rather it be in a business setting, school classroom, with their finances or throughout life,” said Chuck Gummer, President, Comerica Bank - Texas Market.
“Comerica Bank’s efforts contribute toward the half-billion dollars of new investment into the southern part of our city,” said Dallas Mayor Tom Leppert. “Their new banking centers will help create a more business-friendly environment that will create jobs and promote economic growth, hopefully including badly-needed grocery stores and other common neighborhood services that people in other parts of our city and region take for granted. Comerica Bank is absolutely setting an example of good corporate citizenship by investing in all of Dallas and working to improve all communities.”
About Comerica
Comerica Incorporated is a financial services company headquartered in Dallas, Texas, 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. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica Incorporated reported total assets of $63.6 billion as of June 30, 2009. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts.
Media Contact:
Wendy Walker
National Communications Director
1717 Main St., 2nd floor
Dallas, TX 75201
214-462-6669 direct
214-462-6650 fax
wdwalker@comerica.com
