News Releases

Comerica to Offer No-Fee Checking to Businesses

DETROIT/January 14, 2002 -- Comerica Bank (Michigan) is offering small businesses an opportunity to save money when they open a business checking account at Comerica.

Businesses who open new Small Business Checking Plus or Standard Business Checking accounts between now and March 29, 2002, will have their monthly maintenance and transaction fees waived for one year. They also will receive free Comerica Web Banking for Business, free Comerica Web Bill Pay for Business for six months, free no-annual fee overdraft protection, a free initial order of checks and a free Business Check Card with no annual fee.

Customers who open new business checking accounts also are eligible for fee waivers on a personal checking account, home equity loan and stock trade.

"While Comerica is one of the largest small business lenders in the country, we want this offer to encourage those companies who don't have accounts with us to discover the many advantages of banking with Comerica," explained Thomas K. Fisher, senior vice president, Small Business Banking."

Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a multi-state financial services provider headquartered in Detroit with banking subsidiaries in Michigan, California and Texas; banking operations in Florida; and, businesses in several other states. Comerica, which is one of the top 20 small business lenders in the nation, also is among the "Best Big Companies in America," according to Forbes magazine (1/7/2002).

Media Contact:
Kathleen A. Pitton