With the completion of its Sterling Bancshares acquisition on July 28, 2011, Comerica Bank significantly boosted its Texas presence with a solid deposit base and a well-located banking center network. With offices and retail banking centers throughout its headquarters city of Dallas, as well as in Austin, Fort Worth, Houston, Kerrville and San Antonio, the largest U.S. bank headquartered in Texas continues a tradition of helping clients and businesses achieve their financial goals. As an innovative financial services partner, Comerica provides a wide range of solutions that support businesses at every stage of their growth.
“At Comerica, we have a strong focus on relationship banking, and on helping people and businesses to be successful. Every company has a vision, and our role is sharing in that vision and helping develop strategies to make it a reality,” says Pat Faubion, Texas market president.
To do this, Comerica offers clients everything they need to run a successful business or manage their personal affairs, including services, products, expertise and technology – along with a commitment to building strong, enduring relationships.
“Comerica has remained successful by staying close to our clients and delivering the exceptional service that has been our hallmark for more than 160 years,” says Chairman and Chief Executive Officer Ralph W. Babb Jr.
Many of the bank’s relationship managers have been with the company for 20 years or more, and this longevity builds confidence among clients and provides a comforting level of consistency through all economic cycles, including the current one.
“Our clients appreciate getting to know and work with the same experienced people year after year, people who understand their business and financial needs,” explains Faubion. “We offer relationship banking in the truest sense.”
Comerica prides itself on its relationship-based, holistic approach to business banking, says Babb. “We make loans. We deliver superior banking products. We serve as trusted advisors who allow clients to be more successful, because we understand their business and personal goals and use that knowledge to help them refine their business strategy.”
Meeting Clients’ Personal Financial Goals
“We go beyond clients’ business needs to meet their personal financial goals as well,” says Faubion. Comerica offers wealth planning, private banking and trust services, as well as investments and insurance solutions to its clients.
“Our Wealth Management services have become increasingly important to our clientele. We manage the assets of business owners, individuals and families, and we do so with foresight, prudence and skill,” adds Faubion.