Comerica Bank Expands Foothold with a New Full-Service Banking Center in South Los Angeles

LOS ANGELES, July 6 /PRNewswire/ -- Comerica Bank is continuing its expansion in Southern California and has opened a new location at 3825 Crenshaw Boulevard, Ste. 101, Los Angeles.

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The newest Comerica Bank location is the 15th banking center in Los Angeles County, and the 12th new office in Southern California in the last two years.

David White, Southern California regional president of Comerica Bank's Western Market said, "We are extremely excited about our continuing growth in California and the Crenshaw banking center is an important part of that growth in South Los Angeles. The new office has received an enthusiastic welcome from the local community leaders and we predict that the banking center will serve a large number of business clients and residents."

Comerica bank has 60 banking centers in California, including centers in Los Angeles, Orange County, San Diego and San Fernando Valley, West Los Angeles and El Segundo. The Crenshaw location joins two Comerica banking centers in downtown Los Angeles.

The manager of the new banking center is Keith Tuitt, a former manager of California Bank and Trust who brings 19 years' experience in the financial services industry in his new position. He worked as a manager at Bank of America. He was also on the Board of Directors for Carney Hospitals Foundation, a Career Advisory Council member for the Boys & Girls Club and member of the local Crenshaw Chamber of Commerce. Tuitt was the youngest recipient of the Jefferson Award for Outstanding Public Service in 1986 given by the American Institute for Public Service.

The new banking center is open Monday-Thursday, 9 a.m. to 5 p.m., Friday 9 a.m. to 6 p.m., and Saturday from 9 a.m. to 1 p.m. The new location opened its doors on June 23.

About Comerica Bank

The Western Market of Comerica Bank includes 65 banking centers in key California markets, including: San Francisco and the East Bay, San Jose, Los Angeles, Orange County, San Diego, Fresno, Sacramento, and Santa Cruz /Monterey; and five banking centers in greater Phoenix, Ariz.

In the first quarter of 2006, the bank's Western market generated 32 percent of the net income for Comerica Incorporated, on approximately $16.4 billion in assets at March 31, 2006.

Comerica Bank is a subsidiary of Comerica Incorporated , a financial services company headquartered in Detroit that is strategically aligned into three major lines of business: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships, and helping businesses and people be successful. Comerica Incorporated reported total assets of $56.4 billion at March 31, 2006. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts. (Or, for more information, go to http://www.comerica.com/.)