Wealth banking during the
COVID-19 pandemic

Wealth banking during the
COVID-19 pandemic

PERSONAL | BUSINESS | WEALTH

Information for Wealth Management Clients

 

Connect with Comerica Wealth Management 

If you have questions or concerns, please contact your Comerica Wealth Advisor, comerica.com/wealthoffice, or click here for your Connect with Comerica Guide to accessing your accounts, transacting and communicating with Comerica Wealth Management.

Download Article: "The Coronavirus Aid, Relief, and Economic Security (CARES) Act: Relief and Stimulus Measures for Individuals": The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. The Act is the third piece of legislation the United States Congress enacted in response to the coronavirus pandemic. The CARES Act follows the (a) Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, which provides $8.3 billion in emergency funding for federal agencies on the front lines responding to the coronavirus outbreak, and (b) the Families First Coronavirus Response Act, which provides paid sick leave and free coronavirus testing, expands food assistance and unemployment benefits, and requires employers to provide additional protections for healthcare workers.

Download Article: "The Coronavirus Aid, Relief, and Economic Security (CARES) Act - Part II: Relief and Stimulus Measures for Small Businesses": This article is the second in our series discussing this momentous and unprecedented piece of legislation and its impact on our customers and partners. In this article, we will address the CARES Act’s impact on businesses and business owners. 

 

Changes to banking center hours & availability

While we recognize that our banking centers operate as vital resources in the communities we serve, we’ve temporarily adjusted our operating standards for the protection of our customers and employees. To help ensure your safety and peace of mind when you visit us, we're following these CDC measures to help prevent the spread of COVID-19:

  • Request an appointment
    • Appointments can be requested for transactions or services that can’t be done via ATM, drive thru or Banker ConnectSM interactive teller machines. 
    • Lobby access will be limited to an average of 3 customers at a time to adhere to CDC social distancing rules.
  • Personal space and protection
    • Masks are required. If you don't have one, we will provide a disposable one before you enter.1
    • Teller stations are equipped with plexiglass shields.
    • Distancing markers on the floor ensure your six-foot safety zone.
  • Greeter at the door
    • A Comerica Greeter will welcome you and may ask you to lower your mask and show your ID.
    • Greeter will ask a few health-screening questions.
    • If you have an appointment—or have no appointment and lobby is not at capacity—Greeter will invite you in.
    • If you don't have an appointment and the lobby is at capacity, we can call you when you are next in line or you can set up an appointment for a visit at a later time.

Please visit comerica.com/local to find the closest banking center, ATM or Banker ConnectSM interactive teller machine.

 

Temporary Shortage of U.S. Coins in Circulation

In mid-June 2020, the Federal Reserve announced that shutdowns caused by COVID-19 have caused a temporary nationwide shortage of U.S. coins in circulation, including those available to banks and businesses. During the time in which businesses were closed, consumers had few opportunities to use coin when making purchases, resulting in this supply shortage. Please visit our U.S. coin shortage page for more information.

 

1 If you have a medical condition that prevents you from wearing a mask, you may enter without one.