Greenwich Awards Recognize Comerica Bank for Excellence in Middle Market and Small Business Banking

Rhea-AI Summary

Comerica Bank has been awarded 17 2022 Greenwich Excellence and Greenwich Best Brand Awards for its performance in Middle Market and Small Business Banking. This recognition is based on interviews with over 10,000 executives from U.S. companies. Comerica ranked highly among more than 500 banks, earning titles such as Best Brand for Trust and Values Long-Term Relationships. Notable awards include top scores in Cash Management for Customer Service and Overall Satisfaction. Additionally, Comerica's Basic Business Checking was recognized as one of the best small business accounts for 2023, reflecting the bank's commitment to supporting business growth.

Positive

• Awarded 17 Greenwich Excellence and Best Brand Awards for 2022.
• Ranked among top banks for Trust and Long-Term Relationships.
• High ratings in Cash Management for Customer Service and Overall Satisfaction.
• Basic Business Checking recognized as one of the best small business accounts for 2023.

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• None.

DALLAS, Feb. 23, 2023 /PRNewswire/ -- Comerica Bank announced it has received 17 2022 Greenwich Excellence and Greenwich Best Brand Awards for Middle Market and Small Business Banking. Greenwich Associates is a leading provider of global market intelligence and advisory services to the financial services industry.

The Greenwich Excellence and Greenwich Best Brand Awards are based on interviews with more than 10,000 executives of U.S. companies with sales revenues of $10-$500 million for Middle Market Banking and $1-$10 million for Small Business Banking.

Among the more than 500 U.S. banks evaluated, Comerica ranked among the top banks for Best Brand – Trust for Middle Market Banking and Best Brand – Values Long-Term Relationships for Small Business Banking.

"We are proud to be recognized as a leader in supporting the banking needs for our small business and middle market customers," said Peter Sefzik, Senior Executive Vice President, Chief Banking Officer. "These recognitions reflect our relationship banking approach to understanding and listening to our customers, working collaboratively to help their businesses succeed. We believe it's this strategy that has allowed us to proudly say we are a leading bank for businesses of any size."

Comerica's 2022 Greenwich Excellence Awards:

Middle Market Banking
Best Brand – Trust
Best Brand – Values Long-Term Relationships
Cash Management – Customer Service
Cash Management – Overall Satisfaction
Cash Management – Product Capabilities
Likelihood to Recommend (West)
Overall Satisfaction
Overall Satisfaction (Midwest)
Overall Satisfaction with RM

Small Business Banking
Best Brand – Values Long-Term Relationships
Cash Management – Overall Satisfaction
Cash Management – Overall Satisfaction (West)
Industry Understanding
Overall Satisfaction
Overall Satisfaction (West)
Overall Satisfaction with RM
RM Proactively Provides Advice

The Greenwich Excellence and Greenwich Best Brand Awards are just the latest recognitions of Comerica's commitment to serving business customers. AD PRO recently releases its list of the 29 best banks for small business owners in 2023 and recognized Comerica's Basic Business Checking as one of the best bank accounts for small business with sole proprietors or for start-ups and Comerica's Small business Checking as one of the best bank accounts for small businesses experiencing growth.

About Comerica
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), 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 Michigan, California, Florida and Arizona. Additionally, Comerica has select businesses operating in Canada and Mexico. Comerica reported total assets of $85.4 billion as of Dec. 31, 2022.

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SOURCE Comerica Bank

FAQ

What awards did Comerica receive in 2022?

Comerica received 17 Greenwich Excellence and Greenwich Best Brand Awards for Middle Market and Small Business Banking.

How is Comerica ranked among U.S. banks?

Comerica ranked among the top banks based on assessments from over 10,000 executives of U.S. companies.

What are some specific awards Comerica won?

Comerica won awards for Best Brand – Trust, Best Brand – Values Long-Term Relationships, and various Cash Management awards.

What recognition did Comerica's Basic Business Checking receive?

Comerica's Basic Business Checking was named one of the best bank accounts for small business owners in 2023.

What is Comerica's financial focus?

Comerica focuses on relationship banking, supporting the banking needs of small business and middle market customers.