Houston/November 10, 2004 - Comerica Bank recently hosted groundbreaking ceremonies on a new branch location at the northeast corner of Westheimer Parkway and Grand Parkway in the Cinco Ranch area of Katy, representing significant growth plans for Comerica Bank in the Houston area and statewide.
Pictured, from left to right, are: Charles L. Gummer, Texas Division President & CEO; Gary Orr, President, Houston Market; and Jim Gwisdala, Executive Vice President, Personal Financial Services Division.
Comerica will break ground on two additional locations on November 16, for new branches at 1960-Windermere and 1960-Falling Creek. Comerica will open a total of four new Houston branches in 2005, and the bank continues to research other sites for future expansion.
Comerica's expansion plans are based in part on research showing that 81 percent of the bank's small business customers and 75 percent of middle market customers visit their branch weekly. With new branches, competitive products and personalized services, Comerica Bank is committed to its consumer and business customers and to helping them be successful.
The Texas Division of Comerica Bank includes 50 branch offices in the key Texas markets of Dallas, Houston and Austin. Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company strategically aligned into the Business Bank, Small Business & Personal Financial Services, and Wealth & Institutional Management. Comerica Incorporated reported total assets of $53 billion at September 30, 2004.
Media Contact:
Sally Crocker
214-969-6400
