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Comerica Bank
800-521-1190
Comerica Tower at Detroit Center
500 Woodward Avenue, MC 3391
Detroit, Michigan 48226
www.comerica.com
Sales
$3.3
billion
Banks - Category Directory
Business Loans - Category Directory
Business Description
Comerica has strategically aligned its operations into three major lines of
business: the Business Bank, Small Business and Personal Financial Services,
and Wealth and Institutional Management.
The Business Bank is comprised of middle market, commercial real estate,
national dealer services, global finance, large corporate, equipment easing,
financial services group and technology and life sciences lending. This line
of business meets the needs of medium-size businesses, multinational
corporations and governmental entities by offering various products and
services, including commercial loans and lines of credit, deposits, cash
management, capital market products, international trade finance, letters of
credit, foreign exchange management services and loan syndication services.
Small Business and Personal Financial Services includes small business
banking (annual sales under $10 million) and personal financial services,
consisting of consumer lending, consumer deposit gathering and mortgage loan
origination. This line of business offers a variety of consumer products,
including deposit accounts, installment loans, credit cards, student loans,
home equity lines of credit and residential mortgage loans. In addition, a
full range of financial services is provided to small businesses and
municipalities.
Wealth and Institutional Management is responsible for private banking,
personal and institutional trust, retirement plans, and asset management
(including Munder Capital Management, investment adviser to the Munder
funds, and Wilson Kemp & Associates). This division also includes Comerica
Securities, which offers institutional, retail and discount brokerage, and
investment banking services, as well as Comerica Insurance, which is a full
line insurance agency.
Comerica has positioned itself to deliver financial services in its four
primary geographic markets: Michigan, California, Texas, and Florida, with
operations in numerous other states, Canada and Mexico.
In addition to the three major lines of business, the Finance division is
also reported as a segment.
The Finance segment includes Comerica’s securities portfolio and asset and
liability management activities. This segment is responsible for managing
Comerica’s funding, liquidity and capital needs, performing interest
sensitivity gap and earnings simulation analysis and executing various
strategies to manage Comerica’s exposure to liquidity, interest rate risk
and foreign exchange risk.
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Business Loans Providers in the Directory
Allied Capital
Bank of America
CapitalSource
CIT Group
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Silicon Valley Bank
U.S. Bank
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Wells Fargo
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