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TheStreet Open House

Comerica Bank Unveils "Community Resource Center" At San Antonio's Historic Ella Austin Community Center

Stock quotes in this article: CMA

SAN ANTONIO, Feb. 5, 2013 /PRNewswire/ --  Comerica Bank today announced the opening of its first San Antonio "Comerica Community Resource Center" at the historic Ella Austin Community Center . The Community Resource Center contains new computers, Wi-Fi access, furniture, financial education books and materials focused on topics ranging from saving and budgeting to retirement planning and fraud. San Antonio City Councilmember, Ivy Taylor, and Comerica's Texas Market President, J. Patrick Faubion, helped dedicate the new Comerica Community Resource Center along with Ella Austin constituents, Comerica Bank employees and dozens of prominent community leaders at a check presentation and ribbon cutting ceremony.

(Logo: http://photos.prnewswire.com/prnh/20010807/CMALOGO)

In addition to the $35,000 grant from Comerica to launch the Community Resource Center, it was also announced that local Comerica employees will teach a series of financial literacy workshops at Ella Austin starting this summer. The workshops, free and open to the public, will cover a variety of topics for children, adults and seniors including the basics of credit, budgeting, elder care abuse scams and retirement planning, and will be offered in both English and Spanish.

"While the Comerica Bank name is relatively new to San Antonio, we're committed to serving this market as a trusted financial services partner to San Antonio businesses and families, and to helping community organizations like Ella Austin fulfill their missions," said Comerica's Faubion. "In addition to providing a grant to launch this access hub for economic self-sufficiency, the efforts of local Comerica Bank volunteers to teach the financial literacy workshop series will help local residents, including seniors, be successful in reaching their financial goals."

"We are most grateful that Comerica Bank has come forward with its generous investment of $35,000 in our non-profit organization. By funding the new Community Resource Center, which is desperately needed, Comerica Bank is helping us give assistance, hope and the tools and resources in order for local San Antonio residents to improve their quality of life and financial well-being," said Anthony Hargrove, Executive Director of Ella Austin Community Center.

Comerica Bank, through partner non-profits, currently operates two Comerica Community Resource Centers in Southern Dallas and one in Houston's Third Ward.

About Comerica BankComerica Bank is the commercial banking subsidiary of Comerica Incorporated (NYSE: CMA), the largest banking company headquartered in 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 Houston, Austin, Dallas/Fort Worth, Kerrville and San Antonio, 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 $64.5 billion at December 31, 2012.  To find us on Facebook, please visit www.facebook.com/ComericaCares. Follow Comerica on Twitter at @ComericaCares and follow Comerica Chief Economist Robert Dye on Twitter at @Comerica_Econ.

About Ella Austin Community CenterElla Austin Community Center is a neighborhood-based, multi-social service agency that addresses broad areas of human needs. The agency's services include: early child development, parenting, youth development, individual and family assistance, senior nutrition, as well as volunteer income tax assistance (VITA).

Mission: To facilitate leadership in communities and assist individuals and families throughout San Antonio improve their quality of life.

For more information, visit www.ellaaustin.org.

SOURCE Comerica Incorporated

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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