Comerica Temporarily Closes Texas Market Banking Centers, Offices on Wednesday Due to Extreme Winter Weather Conditions

Rhea-AI Summary

Comerica Bank has announced the temporary closure of all Texas banking centers and offices due to extreme winter weather and power outages. Despite these closures, Comerica prioritizes the safety of its employees and customers. Customers are encouraged to utilize mobile and web banking services or contact customer support for assistance. The bank, which reported total assets of $88 billion as of December 31, 2020, operates in multiple states including Arizona, California, Florida, and Michigan, as well as in Canada and Mexico.

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• Temporary closure of all Texas banking centers due to winter weather impacts operations.
• Ongoing power outages affecting banking services may hinder customer access.

DALLAS, Feb. 17, 2021 /PRNewswire/ -- Comerica Bank announced today it has extended its winter weather-related closures to include all Texas banking centers and offices Wednesday.

"Our state received another round of winter weather overnight, resulting in additional and continued power outages for many of our banking centers and colleagues," said Comerica Bank Texas Market President Brian Foley. "The Texas Department of Transportation also has advised drivers to exercise extreme caution and delay any unnecessary travel because roadways may be hazardous. We will continue to monitor the situation, prioritizing the well-being and safety of our colleagues and customers."

Customers are encouraged to utilize Comerica's Mobile/Web Banking resources, or call (888) 444-9876 for additional support.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $88 billion at December 31, 2020.

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SOURCE Comerica Incorporated

FAQ

Why did Comerica Bank close its Texas banking centers on February 17, 2021?

Comerica Bank closed its Texas banking centers due to extreme winter weather and resulting power outages.

What impact does the weather have on Comerica's operations?

The severe weather has led to temporary closures of banking centers, affecting customer access to services.

What resources are available for Comerica customers during the closures?

Customers can use Comerica's Mobile/Web Banking resources or call customer support at (888) 444-9876 for assistance.

What is Comerica's total asset value as of the end of 2020?

Comerica reported total assets of $88 billion at December 31, 2020.