LOS ANGELES, Feb. 1 /PRNewswire-FirstCall/ -- Comerica Bank today announced the opening of a new banking center in Redondo Beach, Calif., and said it is the first of six new locations in Southern California in 2010.
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"Because of the size and diversity of the Southern California regional economy, we have opened more new banking centers here in the last six years than in any of our other markets," said Mike Fulton, president and CEO of Comerica Bank's Western Market. "We're continuing to invest in the region because we believe in its potential for continued economic growth."
"Because Comerica is a healthy bank with a strong capital position, we are able to help build futures for communities, families and employers of all sizes," said Fulton.
"By the end of this year, we will have more than 100 banking centers in California - including 27 in Los Angeles County, 14 each in Orange and San Diego counties, plus three in San Bernardino and one in Ventura counties," said Betty Rengifo Tucker, executive vice president for Comerica Bank's retail operations in the Western Market. "It's exciting to be able to continue to expand access to our financial services in this important market."
Before Comerica Bank began its California expansion in 2004, it had 42 banking centers statewide, 14 in three Southern California counties.
These are the locations of the new banking centers:
Redondo Beach - 1212 S. Pacific Coast Highway, Redondo Beach; Ronald Cerros, manager; opened Jan. 26; (310) 316-4241.
Santa Monica - 1433 5th St., Santa Monica, near the Santa Promenade; Johnathan Shibata, manager; opens second quarter.
South Pasadena - 824 Fair Oaks, South Pasadena, near the Mission Street area; opens second quarter.
Vista (San Diego County) - 625 S. Melrose Drive, Vista; Christopher Fresca; opens second quarter.
Mira Mesa (San Diego County) - Mira Mesa Blvd and Black Mountain, Mira Mesa; opens fourth quarter.
Rancho Cucamonga - 12035 Foothill Blvd., Rancho Cucamonga; opens fourth quarter.
Comerica, whose predecessor bank was founded in Michigan in 1849, offers complete checking and FDIC-insured deposit accounts, financial planning expertise, on-the-job banking, cash management and other business services, plus convenient
About Comerica Bank
Comerica Bank is a subsidiary of Comerica Incorporated , 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 $59.3 billion at Dec. 31, 2009. For more information, go to www.comerica.com.
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SOURCE: Comerica Bank
Web site: http://www.comerica.com/
