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November 22, 2009

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Comerica Bank Announces $100,000 in Contributions for Wildfire Relief in Three California Counties

Submitted by:Comerica Bank

Categories:Philanthropy & Corporate Contributions, Corporate Social Responsibility

Posted: Oct 24, 2007 – 05:49 PM EST

 

Comerica Charitable Foundation gives $50,000 to American Red Cross, and bank pledges additional $50,000 to local relief effortsComerica Bank also speeds up emergency loans to small businesses, and offers assistance to local evacuation shelters

LOS ANGELES, Oct. 24 /PRNewswire-FirstCall/ -- Comerica Bank announced it is giving $100,000 to relief efforts for victims of the California wildfires. The bank also announced it was talking additional steps to aid small businesses and people who have been forced to evacuate their homes as a result of the fires.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO)

The Comerica Charitable Foundation is giving $50,000 to the American Red Cross, designated for victims of wildfires this week in Los Angeles, Orange Counties and San Diego counties.

Mike Fulton, president and CEO of Comerica Bank's Western Market, which includes California, said that in addition to the foundation grant, an additional $50,000 would be made available to relief organizations in Los Angeles, Orange and San Diego counties. "We are committed to reaching out to assist our neighbors in these communities that are experiencing such devastation this week," said Fulton.

He also said that the bank will make it easier to for small businesses in the three counties to get emergency lines of credit, in a special program that can make expedited loans of up to $50,000 available within eight business hours.

The bank also will be sending managers of banking centers in evacuation zones in northern San Diego County to shelters to offer special emergency assistance to the agencies managing the shelters.

About Comerica Bank

Comerica Bank -Western Market includes 81 banking centers in two states, California and Arizona: 76 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; also, five banking centers in greater Phoenix, Ariz. Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas and among the 20 largest U.S. banking companies, with $59.8 billion in assets at Sept. 30, 2007. For more information, visit www.comerica.com.

For more information, please contact:

Alfredo Padilla Comerica Bank, Los Angeles
Phone: 310-297-3093
Barry Holtzclaw Comerica Bank, San Jose
Phone: 408-315-6554

 

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