Comerica Bank Recognized as One of the 50 Most Community-Minded Companies in the United States for Ninth Consecutive Year
For more than a decade, The Civic 50 has served as the standard for corporate citizenship and showcases how leading companies are moving social impact and community to the core of their business. The Civic 50 honorees are companies with annual
"For 175 years,
The following are highlights of the impact
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Comerica volunteers contributed more than 79,000 hours of service to local communities. - Exceeded 100% of its three-year (2021-2023),
$5 billion small business lending commitment. The funds helped deliver change by providing meaningful funding to more than 15,000 small businesses. - Delivered valuable financial education to individuals, entrepreneurs and small business owners. The
Comerica $ense financial education program instructed more than 105,000 individuals from low- to moderate-income communities about important financial skills. In addition, its Small Business Bootcamps educated more than 8,000 entrepreneurs and small business owners. - Opened its innovative Comerica BusinessHQ in
Dallas . The state-of-the-art facility aims to empower underserved communities by providing access to capital and other meaningful resources including temporary workspaces, printing and scanning capabilities; access to high-speed Wi-Fi, and more.
The Civic 50 survey is administered by True Impact, and the results are analyzed by VeraWorks. The survey instrument consists of quantitative and multiple-choice questions that informs the scoring process. The Civic 50 is the only survey and ranking systems that exclusively measures corporate community engagement.
"Expectations for companies to be leaders in civic engagement continue to increase," said
To view the full report and see the complete list of The Civic 50 2024 honorees, visit www.pointsoflight.org/the-civic-50.
About
This year,
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to take action that changes the world. We envision a world in which every individual discovers the power to make a difference, creating healthy communities in vibrant, participatory societies. Through 145 affiliates across 39 countries, and in partnership with thousands of nonprofits and corporations, Points of Light engages 3.7 million people in 16.7 million hours of service each year. We bring the power of people to bear where it's needed most. For more information, visit pointsoflight.org.
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