Dallas-based Comerica Bank is expanding its new Southeast Market with the recent addition of offices in two states new to its regional footprint — South Carolina and Georgia.
Expansion across the Southeast has remained a focus for Comerica since it revealed the creation of its Southeast Market in August 2021, a Comerica news release stated. The move to formally establish a Southeast Market strategy positions the bank to better serve its existing commercial and wealth clients and create new relationships in the region.
Comerica’s newest additions to its growing Southeast Market include commercial banking offices in Charleston and Greenville, as well as a private banking office in Atlanta. Coupled with the increased presence in North Carolina, Comerica has continued additional growth initiatives in the region and across Florida that include the addition of commercial banking roles in Tampa, Jacksonville and Boca Raton, along with new wealth and private banking roles in Miami and Tampa, the release stated.
“We are excited to introduce Comerica’s relationship banking approach and long history of serving its customers to South Carolina and Georgia,” said Jerry Bowen, Comerica Southeast Market president, said in the release. “Since the creation of the Southeast Market, we have made significant investments in hiring experienced bankers and establishing offices that has allowed us to strengthen our presence and foster opportunities for future growth.”
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management, the release stated. Comerica reported total assets of $84.1 billion as of Sept. 30, 2022.