LOS ANGELES, March 14 /PRNewswire/ -- Comerica Bank has opened a new location on Wilshire-Crescent Heights, the bank's 14th banking center in Los Angeles County located at 6301 Wilshire Boulevard, Los Angeles, California.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
David White, regional president of Comerica's Western Market said, "We expect to maintain this pace in the Western Market -- opening approximately one banking center per month for the next five years."
The company has opened and relocated banking centers in its longer standing markets, such as Los Angeles, San Diego, San Francisco, San Jose, San Fernando Valley, Costa Mesa and Newport Beach, while also expanding into some Southern California cities such as West Los Angeles and El Segundo.
The Wilshire-Crescent Heights location joins two Comerica banking centers in downtown Los Angeles. The expansion in Los Angeles is part of an overall expansion of Comerica in California, where 10 new banking centers are planned in 2006.
The manager of the new banking center is Adrian Aguinaga, a former manager of US Bank who brings 20 years' experience in the financial services industry in his new position. He has held manager positions with Glendale Federal Bank and California Credit Union. He is a member of the local Miracle Mile Chamber of Commerce.
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 new location 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.
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.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOSOURCE: Comerica Bank
CONTACT: Alfredo Padilla of Comerica Bank, +1-310-297-3093 or
+1-213-804-1323, aepadilla@comerica.com
Web site: http://www.comerica.com/
