2022-06-10 | NYSE: CMA | Press release
AUSTIN, TX, June 102022 /PRNewswire/ — Comerica Bank has been selected as the recipient of the Leaders in Financial Education (LiFE) award for the third consecutive year by the Texas Bankers Foundation (TBF). The honor was announced at the Texas Bankers Association’s 137e Annual Congress at a special awards luncheon.
The Leaders in Financial Education (LiFE) Award recognizes and honors Texas banks that are dedicated leaders in promoting financial and consumer education in their communities. This year, the TBF recognized Comerica and its longtime community partner Project Still I Rise for the Banks for Babies program delivered to various Head Start of Greater Dallas campus of the southern sector of dallas (Early Head Start at Wanda Meshack Smith, Early Head Start at Buckeye Trail Commons and Early Head Start at Margaret H. Cone and Lake June).
“Building a healthy relationship with money early is key to closing the generational wealth gap and creating economic opportunity for future generations,” said Dallas Market President. Amanda Mahaney. “Research shows that there is a direct correlation between students who have access to financial education resources and their future success. Our North Texas External Affairs Manager brandon jones partners with innovative leaders like the executive director of Project Still I Rise Kevin Mondy to empower young people from disadvantaged communities. »
Mahaney joined Jones and Mondy to teach preschoolers the fundamentals of saving and goal setting through an interactive coloring activity. Students are then given a piggy bank and a dollar coin to begin their savings goals.
“It is with great pleasure that we recognize Comerica Bank,” said Chris Furlow, president and CEO of the Texas Bankers Association. “These awards celebrate banks and bankers who are committed to positively impacting their communities. We are honored to commend them for their efforts.”
Nearly 1,000 preschoolers have completed the Banks for Babies program and plans are in place to hire additional starting locations in 2022.
For more information about the Texas Bankers Foundation, visit www.texasbankers.com/Foundation and check out Texas Banking Magazine, the official publication of the Texas Bankers Association, which includes a special feature on the 2022 winners.
About Comerica Bank
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned across three lines of business: commercial banking, retail banking and management of heritage. Comerica focuses on relationships and helping people and businesses succeed. In addition to Texas, Comerica Bank branches are found in Arizona, California, Florida and Michigan, with select companies operating in several other states, as well as Canada and Mexico. Comerica reported total assets of $89.2 billion as of March 31, 2022.
About the Texas Bankers Association
Founded in 1885, the Texas Bankers Association (TBA) is the oldest and largest state banking association in United States. TBA defends its members in Austin and Washington; annually trains more than 10,000 community bankers; provides nationally recognized banking products and services; and proudly invests in Texas communities through financial literacy, scholarship and charitable activities.
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SOURCE Comerica Bank