DALLAS, June 17, 2016 /PRNewswire/ -- Comerica
Incorporated (NYSE: CMA) today announced that it has received a
2016 Corporate Social Responsibility Leadership award from the
Financial Services Roundtable (FSR). The award demonstrates
appreciation and encouragement to the employees of Roundtable
member companies for their commitment to the values of
volunteerism, corporate social responsibility, and financial
literacy.
All FSR member companies are eligible for the award; Comerica is
one of 21 companies to win the award this year. Comerica also was a
recipient of the award last year.
"The Financial Services Roundtable commends Comerica for its
tireless effort to improve the well-being of their customers and
communities," said FSR Vice President of Corporate Social
Responsibility Judy Chapa.
The 2016 awards were presented during a reception in
Washington, D.C. with the
Corporate Social Responsibility Honorary Congressional Host
Committee, held Wednesday evening in the Rayburn House Office
Building on Capitol Hill.
"Comerica is fortunate to have thousands of colleagues on our
team who volunteer their time each day to support local charities
and organizations," said Patricia
McCann, National Civic Affairs manager, who accepted the
award on behalf of the bank. "In 2015, Comerica employees donated
their personal time and talents, nearly 74,000 hours, to make a
positive difference in our communities."
Comerica also contributed nearly $9
million to not-for-profit organizations in 2015, and the
bank's employees raised more than $2.1
million for the United Way and Black United Fund.
With respect to financial literacy, Comerica has partnered with
EverFi, for example, to bring the Comerica Money $ense Program to
local students at no cost to schools or taxpayers and has reached
more than 2,000 students who have completed 5,300 learning modules
since the 2014-15 school year. The web-based program uses the
latest in simulation and gaming technologies to bring complex
financial concepts to life for today's digital generation.
"Comerica is committed to the communities it serves and
enhancing educational opportunities that give students a better
chance of being successful," said Irv
Ashford, Community Development and External Affairs
director. "We're proud to be a partner in this quest to prepare our
students to become good financial stewards."
About the Financial Services Roundtable
The Financial Services Roundtable represents the largest
integrated financial services companies providing banking,
insurance, payment and investment products and services to the
American consumer. Member companies participate through the Chief
Executive Officer and other senior executives nominated by the CEO.
FSR member companies provide fuel for America's economic engine,
accounting for $92.7 trillion in
managed assets, $1.2 trillion in
revenue, and 2.3 million jobs. Learn more at FSRoundtable.org.
About Comerica
Comerica Incorporated is a financial services company
headquartered in Dallas, Texas,
and strategically aligned by three business segments: The Business
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
$69.0 billion at March 31, 2016.
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