At Comerica, Diversity is embracing an inclusive culture that recognizes, respects and is sensitive to the differences in our community. Welcoming and supporting colleagues of all backgrounds is a pillar of the Comerica Promise and is key to the way we conduct business.
DALLAS, June 19, 2020 /3BL Media/ - Comerica Bank today announced its $1 million commitment over four years to the National Business League as part of a national partnership that will launch the Black Capital Access Program (BCAP), an access to capital initiative to assist Black businesses across the country.
As the economy slowly re-opens, small businesses can finally welcome back customers and staff under strict safety guidelines. It will take a while for them to get back on solid financial footing. To do so, it will take a great deal of support from both consumers and financial institutions like Comerica Bank.
Ahead of Comerica’s 2019 Corporate Responsibility Report to be released later this month and in recognition of today’s World Environment Day, Comerica is proud to announce it has achieved all its 2020 Environmental Sustainability Goals. Compared with a baseline of 2012, Comerica has:
The Comerica Bank Florida Market presented Junior Achievement of South Florida Fellow Shatasia Daniels with its inaugural $1,000 Gift of Knowledge scholarship, which supports a deserving graduating senior who plans to pursue a business degree in college. Daniels, a member of the Dillard High School (Fort Lauderdale, Florida) class of 2020, will attend Florida State University in the fall.
Comerica Bank employee Will Rawls, a senior analyst in the bank’s institutional trust group and affectionately known as “Yo Baker Man,” began a Facebook fundraising effort in hopes to make and provide baked goods to local health care workers on the frontlines amid COVID-19.
“I have two family members that are caterers and my aunt who passed a long time ago was the best baker ever,” said Rawls. “I’ve baked for years and ‘Yo Baker Man’ started as just a tag joke on Facebook.
Supporting Detroit’s neighborhoods as city residents continue to fight the COVID-19 global pandemic has become critical in the collective efforts to stay safe and slow the spread of the coronavirus.
For Detroit Association of Black Organizations (DABO), an organization since 1979 focused on uplifting, unifying and empowering Detroit’s African American community, that means providing access to testing and contributing to the food security for families and individuals.
DETROIT, May 13, 2020 /3BL Media/ – Comerica Bank has teamed up with the Michigan Economic Development Corporation and Michigan Women Forward to support the creation of the $1.5 million Michigan Entrepreneur Resilience Fund formed to assist entrepreneurs and small businesses negatively impacted by COVID-19 recover from the outbreak, as well as help them meet increased demands in support of COVID-19 response efforts.
Commits Additional $4 Million to Community Nonprofits
DALLAS, May 8, 2020 /3BL Media/ - Comerica Bank announces today that it has processed and submitted approximately 13,000 Paycheck Protection Program (PPP) loan applications, all of which have been approved by the U.S. Small Business Administration (SBA). Currently, the total loans expected to be funded stands at $4.1 billion, with 63 percent of loans being less than $100,000 and 56 percent of loans going to companies with fewer than 10 employees. Based on the applications received, this funding will impact approximately 250,000 employees.