Dallas, June 18, 2019 – Comerica Incorporated (NYSE:CMA) received national recognition for its work in the communities, earning The Civic 50 by Points of Light award. The honor recognizes Comerica as one of the most community-minded companies in the United States.
The Civic 50 evaluates companies according to four dimensions that are at the core of its strategy to translate good intentions into sound business practices: investment, integration, institutionalization and impact.
“Comerica is proud to accept this honor. We have a long-standing history serving the communities in which we do business,” said Curtis C. Farmer, president and chief executive officer of Comerica. “From awarding grants to colleagues volunteering their time to nonprofit organizations, Comerica and our colleagues are committed to serving as positive stewards in our local communities.”
The Civic 50 honorees are public and private companies with U.S. operations and revenues of $1 billion or more.
The Civic 50 survey is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value and analyzed by VeraWorks. The survey instrument consists of quantitative and multiple-choice questions that inform The Civic 50 scoring process. The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities.
“Points of Light continues to build on the legacy of our founder, President George H.W. Bush and are committed to empowering, connecting and engaging individuals and organizations to be a force for social good,” said Natalye Paquin, president and chief executive officer, Points of Light. “We strongly believe that through these actions occurring in communities all around the world, we can solve our most pressing problems.”
To learn more about The Civic 50, to see a full list of the winners and to access the highlights, trends, benchmarking data and best practices from the 2019 Civic 50, visit www.civic50.org.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth 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.
About Points of Light
Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities across 37 countries and in partnership with thousands of nonprofits and corporations, Points of Light engages 5 million volunteers in 20 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to www.pointsoflight.org.
