PHOENIX, Jan. 15 /PRNewswire-FirstCall/ -- Comerica Bank, one of the top 20 banks in the U.S., announced the opening of its ninth banking center in Maricopa County and an acceleration of its growth in the region.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
The Dallas-based bank with $60 billion in assets opened three new banking centers in greater Phoenix in December 2007, and the newest office at 5225 South Power Road is the third Mesa office.
The bank, which three years ago had one banking center in Arizona, also announced that the pace of growth in greater Phoenix would continue this year, with another four new offices expected to open. Comerica has 83 banking centers in California and nine in Arizona.
"We opened a total of 16 new banking centers in Arizona and California in all of 2007 -- a record pace of growth for Comerica in the West -- and we plan on increasing that pace next year," said Meredith Russell, regional president of Comerica Bank in Arizona.
"The two Mesa locations in the past month dramatically improve access to our financial services by businesses and residents in the prosperous East Valley," he said.
The new banking centers in Maricopa County:
-- Mesa, 5225 South Power Road, Mesa; Kris Button, manager; opened
Jan. 3.
-- Mesa, 925 N. Dobson Road, Mesa; Rose Ivezaj; opened Dec. 28.
-- Scottsdale, 4545 N. Scottsdale Road, Suite 106, Scottsdale; Dennis
Fernandez, manager; opened Dec. 26.
-- Phoenix, 2804 N. 44th Street, Phoenix; Courtney Benvenuto, manager;
opened Dec. 10.
About Comerica Bank
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a Fortune 500 financial services company headquartered in Dallas, is 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 $60.0 billion at Sept. 30, 2007. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts. (Or, for more information, go to http://www.comerica.com/.)
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGOSOURCE: Comerica Bank
CONTACT: Barry Holtzclaw of Comerica Bank, +1-408-556-5111,
+1-831-246-0648, bholtzclaw@comerica.com
Web site: http://www.comerica.com/
