The focus of Comerica’s Financial Institutions Group is relationship banking. Our team of professionals is committed to establishing a personal and responsive relationship that will benefit both you and your customers.

Headquartered in Dallas, Texas, Comerica has been a provider of financial solutions for over 150 years. Our correspondent services also include treasury management, international expertise, trust investment, and other traditional banking services.

With a long history in correspondent banking, we’ve developed the infrastructure necessary to support your needs. We offer detailed reporting and an experienced staff that understands the unique requirements of financial institutions — and how those needs differ from corporate customers.

As a Comerica correspondent banking customer, you’ll also have the following advantages:

  • Dedicated relationship officers whose sole mission is to work with financial institutions
  • Complete access to our customer service teams, who are consistently rated very highly in customer satisfaction
  • Research team supported by a seven-year, all-items image archive
  • Experienced research staff with access to both internal and external online request tracking

A Full Range of Services

We offer a complete selection of financial services that can be tailored to meet your financial institution’s needs.

Image Cash Letter Processing

Your items are cleared using fast, cost-effective options; our large-volume operation ensures highly competitive per item pricing and availability on your deposit.

Using our secure internet file transmission protocol, you can deposit your image cash letters with Comerica from anywhere.

We also have a contingency/disaster recovery “hot site” with image processing capabilities located in Auburn Hills, Michigan, to provide uninterrupted processing services.

Loans1

Comerica offers loan participation, asset-based lending, and holding company loans.

Fed Funds

Comerica maintains federal funds limits to allow you to buy and sell funds to meet your daily liquidity requirements.

International Services

Comerica offers Letters of Credit, foreign exchange, items sent for collection, foreign cash letters, and banker’s acceptance.

Funds Transfer Services

  • Wire transfers — foreign and domestic
  • Automated Clearing House (ACH)

Cash Vault Services

Comerica offers full cash order and cash deposit processing services.

Commercial Cards

  • Purchasing
  • Travel and entertainment
  • Fleet
  • Stored value

Image Products

  • Online viewing of deposited items
  • CD ROM of paid checks

Information and Balance Reporting Services

  • Comerica Treasury Management Connect Web®
  • Daily statements available online Lockbox Reporting Services

Lockbox Reporting Services

Comerica offers both high speed coupon processing and customizable invoice processing to meet your accounts receivable needs.

Comerica can also handle your customers invoice processing needs on your behalf. This is an inexpensive way for you to expand the services you provide to your business clients.

Trust Services

Comerica can provide safekeeping custodial servicing for investment portfolios, pension and profit sharing, and 401(k) plans.

Escrow Services

For merger and acquisition situations and corporate divestitures, SCFS offers services that facilitate our customers’ “warranty and representation” and indemnification obligations, safekeeping/custody services for stock certificates and source codes, stock redemption/stock swap/stock purchase, plus key management retention packages and severance package escrows.