News Releases

Comerica Opens Branch in Lake Orion

DETROIT/Oct. 10, 2002 -- Comerica Bank today announced the opening of its first branch in Lake Orion. The new branch is located at 1237 S. Lapeer.

In addition to the traditional banking services customers expect, the branch also features a drive-up ATM, night depository and Self-Serve Security Boxes which enable customers to store important papers and other critical items in a protected box that they can conveniently access on their own.

Judy Collins will manage the new city office. Collins has been in the banking industry for some 35 years. Most recently, she served as manager of Comerica's Sterling Heights office.

To celebrate the opening, customers receive special promotional offers through Nov. 15, including:

Free first order of checks on any new personal checking account opening

50 percent discount on a 12-month Self-Serve Security Box rental

No maintenance fees for 12 months on a Money Market Investment Account

Installment loan rate discount of 1/4 percent

Free Web Bill Pay service for 60 days

Free personal financial plan through Comerica Securities

The branch lobby and drive-in are open Monday through Thursday from 9:30 a.m. to 4:30 p.m., Friday from 9:30 a.m. to 6 p.m., and Saturday from 9 a.m. to 1 p.m.

Comerica Incorporated (NYSE: CMA) is a financial services company focused on business banking and asset gathering. Through its more than 500 customer- service locations, including branch, lending and investment offices, Comerica helps businesses and people be successful. Comerica is ideally positioned to deliver high quality financial services in Michigan, California and Texas, as well as in Florida, 19 other states, Canada and Mexico. Comerica has an investment services affiliate, Munder Capital Management, ranked among the top money managers worldwide. Comerica reported total assets of $51 billion at June 30, 2002.

Media Contact:
Sara Snyder
(313) 222-9617
sara_l_snyder@comerica.com