Comerica to open a new banking center in New Center

Comerica to open a new banking center in New Center

Comerica Bank will open a new banking center at W. Grand Blvd. and Third on Tues., Nov. 12. The move is part of the bank’s $3 million investment into reshaping its Detroit presence announced in 2017. The new street-level banking center completes a relocation that first began in 2017 when Comerica sold its W. Grand […]

Detroit Neighborhood residents are urged to prepare and plan for growth

Detroit Neighborhood residents are urged to prepare and plan for growth

There’s good news on the horizon for the many Detroit neighborhood residents who’ve largely felt left out of the tidal wave of investments responsible for the transformation of downtown and Midtown. Their time is coming, say financial institution executives interviewed by TheHUB. Although sizeable opportunities exist for explosive growth, residents and financial institutions alike must […]

Many financial institutions are bullish about Detroit home market trends

Many financial institutions are bullish about Detroit home market trends

Interest and investments in Detroit’s neighborhoods are rising. Whether it’s immediately evidenced on your block or somewhere just “around the corner,” it is, indeed, welcome news that recovery is on the horizon. Although financial institution executives offer differing opinions on the top issues and impediments that hinder Detroit’s real estate market, there is 100 percent […]

Hatchlings: Comerica’s Hatch Detroit contestants need your vote

Hatchlings: Comerica’s Hatch Detroit contestants need your vote

Businesses are launching in Detroit left and right, much to the delight of citizens as well as entrepreneurs hungry for the city’s resurgence. Hatch Detroit, the non-profit that champions independent retail in Detroit, announced four finalists on Friday in the Comerica Hatch Detroit Contest. After community voting, finalists advance to a final round competing for $50,000 from Comerica Bank and […]

Re-creating Communities: Comerica’s $5 Million investment will help restore neighborhoods

Re-creating Communities: Comerica’s $5 Million investment will help restore neighborhoods

In his role as a Comerica Bank’s community reinvestment manager, Michael (Mike) Cheatham knows a lot about supporting neighborhoods, but in his role as a son, he worries about his dad’s comfort. Cheatham, vice president of corporate compliance and community reinvestment, helps to guide Comerica’s efforts to support Michigan’s low-to-moderate income communities. “There’s help out […]