Comerica Bank Tower

Comerica Bank Launches Innovative New Programs to Support Local Small Businesses

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Thursday, January 26, 2023

DALLAS, Jan. 26, 2023 /PRNewswire/ -- Comerica Bank is expanding its support for small businesses in a big way by providing North Texas customers with a set of unique new product and service offerings designed to help them grow and thrive. Through its new Comerica SmallBizCo-Op™ concept, Comerica will share its assets and resources with small business customers in the region to help them achieve their goals.

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Through its new Comerica SmallBizCo-Op™ concept, Comerica will share its assets and resources with small business customers in the region to help them achieve their goals.
"At Comerica, we believe in doing everything possible to empower our small business customers and give them the opportunity to succeed," said Cassandra McKinney, Comerica Bank's Executive Director of the Retail Bank.
Comerica SmallBizCo-Op is now available as a no-cost benefit to Comerica small business customers.
Similarly, small business customers will get access to discounted pricing on software, hardware, computers and other small business technology solutions.

Comerica Bank Creates Collaborative Community Space to Support Small Businesses in Dallas' Southern Sector

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Thursday, December 8, 2022

DALLAS, Dec. 8, 2022 /PRNewswire/ -- Comerica Bank today revealed plans for Comerica BusinessHQ, a collaborative space that will provide integral services and value to small businesses in the Southern sector of Dallas.

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DALLAS, Dec. 8, 2022 /PRNewswire/ -- Comerica Bank today revealed plans for Comerica BusinessHQ, a collaborative space that will provide integral services and value to small businesses in the Southern sector of Dallas.
Thornton location into a unique community resource that provides high-need, high-opportunity small businesses with the necessary tools to develop, grow and endure.
Through a mix of coworking spaces, incubation fellowships and technical assistance, Comerica BusinessHQ will address the three essential needs of aspiring small businesses: capital, cultivation and connectivity.
"Comerica has long been invested in the South Dallas community, and we are taking our commitment a step further with the creation of Comerica BusinessHQ," said Irvin Ashford, Jr., Comerica Bank's Chief Community Officer.

Comerica Bank Unveils Plans for Business & Innovation Hub in Frisco, Texas

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Wednesday, September 14, 2022

DALLAS, Sept. 14, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced corporate expansion plans in North Texas with development underway for its new Business & Innovation Hub in Frisco.

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DALLAS, Sept. 14, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) today announced corporate expansion plans in North Texas with development underway for its new Business & Innovation Hub in Frisco.
"Expanding our corporate headquarters footprint to one of the most desirable locations for business and innovation in the U.S. is positioning our bank for future success."
The Frisco Business & Innovation Hub will house about 300 Comerica colleagues from a variety of teams, including technology and product management to front-line business units.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered inDallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management.

BCL of Texas Launches Dallas Small Business Diversity Fund With $1 Million Investment From Comerica Bank

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Wednesday, August 31, 2022

The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation.

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The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation.
An additional $1 million investment from Comerica will be allocated to BCL's Growth Fund for larger business loans in its Texas target market.
In addition, the Dallas Small Business Diversity Fund includes a strategic coaching component with BCL's Entrepreneurship Specialists.
To schedule a Dallas Small Business Diversity Fund consultation visit bcloftexas.org/DDF , or contact BCL of Texas Loan Officer David R. Arriola ( [email protected] ; (214) 688-7456 x126).

Comerica Bank Announces Additional Retail Banking Transformation Changes

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Monday, June 13, 2022

Within our retail bank, we continue to focus on transforming the delivery of our services, aligning the right resources to best serve our customers and enhancing our small business focus," said Cassandra McKinney, Comerica Bank's Executive Director of the Retail Bank.

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Within our retail bank, we continue to focus on transforming the delivery of our services, aligning the right resources to best serve our customers and enhancing our small business focus," said Cassandra McKinney, Comerica Bank's Executive Director of the Retail Bank.
Since March 2022, Comerica has transformed its Retail leadership team under the direction of Cassandra McKinney, Executive Director of the Retail Bank with the addition of several new roles to its roster, which includes veteran leader Rhonda Davenport, National Director of Retail Banking.
New leaders include: Omar Salah, Director, Small Business Banking; Theresa Bazan, National Sales Enablement Director for Consumer and Small Business Banking; Dharmesh Patel, Director of Retail Business Services; Brian Haney, Director of Strategy & Transformation; and James Johnson, Director of Retail Risk Management & Operations.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management.

Comerica Bank's California Index Improves Again

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Monday, August 23, 2021

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DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in June to a level of 116.5.

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DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's California Economic Activity Index increased in June to a level of 116.5.
Our California Economic Activity Index improved by 2.3 percent in June.
Our California Index saw strong monthly gains through the spring as regional restrictions on business activity moderated.
The California Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, total trade, hotel occupancy, enplanements and state revenues.

Comerica Bank's Texas Index Improves

Retrieved on:

Monday, August 23, 2021

DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased in June to 125.2.

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DALLAS, Aug. 23, 2021 /PRNewswire/ -- Comerica Bank's Texas Economic Activity Index increased in June to 125.2.
Our Texas Economic Activity Index increased by 1.9 percent in June, after rising a strong 4.0 percent in May.
The Texas Index saw a strong rebound this spring and is now just 0.9 percent below the February 2020 read.
The Texas Economic Activity Index consists of nine variables, as follows: nonfarm payroll employment, continuing claims for unemployment insurance, housing starts, house price index, industrial electricity sales, Texas rotary rig count, total trade, hotel occupancy and sales tax revenue.

Comerica Bank Names Bob Buchanan Senior Vice President, National Practice Leader - Business Transition Planning

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Monday, July 26, 2021

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DALLAS, July 26, 2021 /PRNewswire/ -- Comerica Bank announced that Bob Buchanan has been named Senior Vice President and National Practice Leader Business Transition Planning.

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DALLAS, July 26, 2021 /PRNewswire/ -- Comerica Bank announced that Bob Buchanan has been named Senior Vice President and National Practice Leader Business Transition Planning.
Buchanan joined Comerica on July 12, 2021, and reports to Lisa Featherngill, National Director of Wealth Planning.
"Bob has extensive experience in advising high net worth clients and business owners on business valuation, transaction structure and financing, transition planning, and many other issues facing business owners today."
A veteran of the financial services industry with more than 20 years of experience, Buchanan joins Comerica Wealth Management after serving as the Managing Director and National Practice Leader for Business Transition Planning team at Wells Fargo since 2019, and as Senior Vice President and Business Transition Strategist from 2017 to 2019.

Echelon Analytics Announces Dallas Office Move

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Thursday, July 12, 2018

Geography of Texas, Economy, Surveillance, Business intelligence, Dallas, Comerica Bank Tower, Analytics, Echelon

DALLAS, July 12, 2018 /PRNewswire-PRWeb/ -- Echelon Analytics today announced the move of its Dallas office to the heart of the Dallas CBD.

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DALLAS, July 12, 2018 /PRNewswire-PRWeb/ -- Echelon Analytics today announced the move of its Dallas office to the heart of the Dallas CBD.
The office move is at once both nostalgic and fresh for Managing Member Barry Bell.
"My first office in Dallas when I moved here in the mid-1990s was in this buildingthen known as the Bank One Center," Bell stated.
Echelon Analytics is a recognized leader in expert witness services, economic and financial analysis, business consulting, and financial investigation.