LOS ANGELES, June 5 /PRNewswire-FirstCall/ -- Comerica Bank today announced the appointment of veteran Los Angeles-area banking executive Betty Rengifo Tucker to lead the bank's retail and banking center expansion in California and Arizona.
(Photo: http://www.newscom.com/cgi-bin/prnh/20070605/CLTU136 ) (Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
Michael Aust, senior vice president and national director of retail banking, said Tucker is the top Retail Bank executive for the Comerica Bank's Western Market, and is a corporate senior vice president. "Betty joins our team as we are poised to open another eight new banking centers in California - most in Southern California - and up to six new banking centers in Arizona in the third and fourth quarters of 2007," said Aust.
"Betty Tucker's extensive experience in sales management, business strategy and banking center management, combined with her leadership and strong community ties in Los Angeles and Orange counties will help accelerate our growth in the West," said J. Michael Fulton, president and chief executive of Comerica Bank's Western Market.
Tucker, who lives in Chino Hills in San Bernadino County, brings 19 years of Southern California banking experience to Comerica Bank. Most recently, she served as the western region manager for merchant payment solutions for Wells Fargo Bank. She holds an MBA from Pepperdine University, and a bachelor's degree from San Diego State University.
Tucker has been a leader in promoting diversity and opportunities for women and Hispanics among Los Angeles and Orange County businesses. She is a founder and board member of The Professional Network Group, president of the Hispanic Outreach Taskforce, and a board member of the Cornerstone Theatre and the Torch Foundation.
She was the recipient of Pepperdine University's American Spirit Award, and was recognized by the Consolate of Colombia for enabling Colombian- Americans to access the U.S. banking system.
She will be working out of Comerica offices in Costa Mesa and Century City.
About Comerica Bank
The Western Market of Comerica Bank includes 80 retail banking centers in two states, California and Arizona: 75 in the key California markets of San Francisco and the East Bay, San Jose, Los Angeles, Orange County, San Diego, Fresno, Sacramento, and Santa Cruz/Monterey; and five banking centers in greater Phoenix, Ariz.
In the first quarter of 2007, the bank's Western Market generated 35 percent of the net operating income for Comerica Incorporated, on approximately $16.8 billion in assets at March 31, 2007.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a Fortune 500 financial services company strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people be successful. Comerica Bank locations can be found in Michigan, California, Texas, Florida and Arizona, with select businesses operating in several other states, Canada and Mexico. Comerica reported total assets of $57.5 billion at March 31, 2007. For more information, go to http://www.comerica.com/.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070605/CLTU136SOURCE: Comerica Bank
CONTACT: Barry Holtzclaw of Comerica Bank, +1-408-556-5111, or
+1-408-315-6554, bholtzclaw@comerica.com
Web site: http://www.comerica.com/
