Comerica Bank Statement on Direct Express Program Transition

Core Insights - Comerica Bank has announced a three-year extension of services for the Direct Express program to facilitate the transition to a new financial agent [2] Company Overview - Comerica Bank, a subsidiary of Comerica Incorporated, is headquartered in Dallas, Texas, and operates across three business segments: The Commercial Bank, The Retail Bank, and Wealth Management [2] - The bank serves approximately 3.4 million cardholders through the Direct Express program, which it has supported since 2008 [2] - As of September 30, 2024, Comerica reported total assets of $79.7 billion [2] - The bank operates nearly 380 banking centers across the U.S. and has expanded into new regions, including North Carolina and Colorado [2]