TO BUSINESS EDITORS:
DALLAS. Sept. 10 /PRNewswire-HISPANIC PR WIRE/ -- Hispanic Business Magazine has ranked Comerica Bank No. 3 in its annual "2008 Diversity Elite" Scoreboard.Comerica was the top financial services company on the list.In addition, Comerica recently received an honorable mention by LATINA Style Magazine for setting the standard and providing the best career opportunities for Latinas in the United States.
According to the September issue of Hispanic Business Magazine, consideration for the "2008 Diversity Elite" involves the review of more than 30 diversity related variables that measure a company's commitment to hiring, promotion, marketing, philanthropy and supplier diversity.
"Diversity is an integral part of our business practice and serves as a guiding principle in every effort we initiate," said Linda Forte, senior vice president of business affairs and chief diversity officer for Comerica Bank. "It is for this reason that our employees, consultants and suppliers proudly reflect the communities we serve. It is an honor we can all take pride in as we continue to uphold our commitment to workplace diversity as a company core value."
For nearly 160 years, Comerica Bank is committed to being an integral part of the communities we serve and in which we work and do business.Most recently, Comerica Bank takes pride in proactively supporting the Hispanic community by:
- demonstrating the strength of its commitment to the Hispanic market by launching a Spanish language-based Web site later this year.The site will provide Spanish speaking consumers and small business owners access to valuable financial services information.
- accepting the Matricula Consular card to open bank accounts.Issued by Mexican consulates in the United States, this form of identification proves Mexican citizenship.
- co-sponsoring with La Opinión (the largest Spanish newspaper in the United States) the entrepreneurial education program "Exito Empresarial," which assists small business owners with technical assistance and necessary resources to grow their businesses.
- establishing various Hispanic segmentation teams comprised of senior managers throughout Comerica to cultivate business and conduct outreach and community involvement.
- implementing a strong supplier diversity program that seeks minority and women-owned business enterprises, including bank-wide purchasing and contracting opportunities, that increase the amount of business conducted with those vendors.
"We are honored to be recognized by Hispanic Business Magazine for our diversity efforts.Our goal is to value the similarities and differences in people to create a broad, rich work environment that encourages creative thinking and solutions.We recognize the benefits realized from a broad range of ideas, viewpoints and backgrounds produce superior products and services for a diverse marketplace," said Monica Martinez, vice president of National Hispanic business affairs for Comerica Bank.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a Dallas-based 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. In addition to Arizona and California, Comerica Bank locations can be found in Florida, Michigan and Texas, with select businesses operating in several other states, Canada, China and Mexico. Comerica reported total assets of $66 billion at June 30, 2008. To receive e-mail alerts of breaking Comerica news, visit www.comerica.com/newsalerts, or for more information, visit www.comerica.com.
CONTACT:
Alfredo Padilla, Comerica Bank, 213-486-6222, or cell,
213-804-1323, aepadilla@comerica.com
Web site: http://www.comerica.com
http://www.comerica.com/newsalerts/
