LOS ANGELES, Feb. 23 /PRNewswire/ -- Comerica Bank has opened a new banking center in Cypress, the bank's fifth banking center in Orange County, at 6812 Katella Avenue, Cypress, California.
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The new banking center is open Monday-Thursday, 9 a.m. to 5 p.m., Friday 9 a.m. to 6 p.m., and Saturday from 9 a.m. to 1 p.m. The banking center first opened its doors in mid-December, and offers a full range of banking services, including self-serve deposit boxes, an ATM, and a customer service center.
The manager of the new banking center is Maria Obeid, a former manager of US Bank in Orange County who brings 15 years' experience in the financial services industry in her new position. She has held manager positions with Bank of America and Wells Fargo. She is a member of the local chapter of International Business Women Association, the Santa Fe Spring and Long Beach Chamber of Commerce. Obeid earned a bachelor's degree in Journalism/Public Relations at California State University Long Beach.
The Cypress location joins two Comerica banking centers in Newport Beach, and centers in Costa Mesa and Huntington Beach in Orange County. The expansion in Orange County is part of an overall expansion of Comerica in California, where 10 new banking centers are planned in 2006.
David White, regional president of Comerica's Western Market said, "We expect to maintain that pace in the Western Market -- opening approximately one banking center per month for the next five years."
About Comerica Bank
The Western Market of Comerica Bank includes 58 banking centers in key California markets, including: San Francisco and the East Bay, San Jose, Los Angeles, Orange County, San Diego, Fresno, Sacramento, and Santa Cruz/Monterey; and four banking centers in Phoenix/Scottsdale, Ariz. In the fourth quarter of 2005, the bank's Western market generated 33 percent of the net income for Comerica Incorporated, on approximately $15.7 billion in assets at Dec. 31, 2005.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Detroit, strategically aligned into the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica Incorporated reported total assets of $53 billion at Dec. 31, 2005.
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SOURCE: Comerica Bank
CONTACT: Alfredo Padilla of Comerica Bank, aepadilla@comerica.com , or
+1-310-297-3093
Web site: http://www.comerica.com/
