DALLAS, May 9, 2024 –The Texas Bankers Association (TBA) presented Comerica Bank with a Texas Bankers Foundation Cornerstone Award for Comerica BusinessHQ during a special awards luncheon on Thursday at the 139th TBA Convention. Comerica BusinessHQ is a collaborative community space that provides integral services and value to small businesses in the Southern sector of Dallas.
“Accepting the Cornerstone Award on the one-year anniversary of our BusinessHQ grand opening is a full circle moment,” said Brandon Jones, Comerica Senior Vice President, National External Affairs Manager and BusinessHQ project lead. “It is an honor to be recognized as a cornerstone of our community and for our bank’s most significant contribution to the Southern sector’s economic revitalization efforts.”
Through a mix of no-cost coworking spaces, incubation fellowships and technical assistance, Comerica BusinessHQ addresses the three essential needs of aspiring small businesses: capital, cultivation and connectivity. In 2023, and just seven months of operations since its grand opening, Comerica BusinessHQ reported the measured success below:
- 120-plus enrolled members
- 1,674 people served
- 2,481 hours of co-working utilized by small business owners and nonprofits
- $42,408 of no-cost co-working space provided
- $9,184 of in-kind rent provided to incubation nonprofit partner
This marks the seventh time TBA has selected Comerica as a Cornerstone Award winner (2012: Community Resource Center, 2014: Thanksgiving Art Contest, 2015: Give Back, Buy a Backpack, 2016: Reinvesting in Lockwood, 2017: Filling Ella Austin Community Center's Bookshelves, 2019: Gift of Knowledge).
The charitable arm of the TBA also presented Comerica with three consecutive Leaders in Financial Education (LiFE) awards prior to this most recent accolade (2020: EMPOWER Series, 2021: Comerica Business $ense Bootcamp and 2022: Banks for Babies/Project Still I Rise).
The 2024 Texas Bankers Foundation award winners, including Comerica, will be featured in the July edition of the Texas Banking Magazine, the official publication of the Texas Bankers Association.
About Comerica Bank
This year, Comerica Bank celebrates its 175th anniversary. A subsidiary of Comerica Incorporated (NYSE: CMA), Comerica Bank is a financial services company headquartered in Dallas, Texas, and is strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica, one of the 25 largest commercial U.S. financial holding companies, focuses on building relationships and helping people and businesses be successful, providing more than 400 banking centers across the country with locations in Arizona, California, Florida, Michigan and Texas.
Comerica continues to expand into new regions, most recently in the Southeast, including North Carolina and Mountain West Market in Colorado. Comerica has offices in 17 states and services 14 of the 15 largest U.S. metropolitan areas, as well as Canada and Mexico. Comerica reported total assets of $79.4 billion at March 31, 2024. Learn more about how Comerica is raising expectations of what a bank can be by visiting www.comerica.com, and follow us on Facebook, X (formerly known as Twitter), Instagram and LinkedIn.
