June 6, 2005 --Comerica Bank today announced that Michael E. Conboy has been promoted to executive vice president for Small Business Banking in the bank’s Western Division.
In making the announcement, Peggy Bradshaw, National Director of Small Business Banking, said Conboy will be responsible for all Small Business Banking activities in the Western markets of California and Arizona.
Conboy has more than 24 years’ experience as a banking officer, including the last five years as a senior vice president for Comerica Bank’s Middle Market division in San Diego and two years as a middle market group manager for Comerica Bank in Los Angeles. He has extensive experience in small business lending, middle market banking and corporate lending, including 13 years with Union Bank.
Conboy holds a bachelor’s degree in finance from San Diego State University. His primary office will be in Costa Mesa, Calif. He will report to Bradshaw, who is based in San Jose, Calif.
"Mike’s strong banking experience with Comerica middle market companies and his demonstrated ability to build lasting relationships with Comerica’s business customers will provide exceptional leadership to assist California’s small businesses -- he fastest-growing business segment -- in building the state’s economy," said Bradshaw.
About Comerica Bank
The Western Division of Comerica Bank includes 50 branch offices in key California markets, including San Francisco and the Peninsula, San Jose, Los Angeles, Orange County, San Diego, Fresno, Sacramento, Santa Cruz /Monterey, and Walnut Creek, with a regional office in Phoenix, Ariz. In 2004, the bank’s Western market generated 31 percent of the net income for Comerica Incorporated, on nearly $13 billion in assets.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Detroit, strategically aligned into the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica Inc. reported total assets of $53.5 billion at March 31, 2005.
Media Contacts:
Barry Holtzclaw
408-556-5111
Alfredo Padilla
310-297-3093
