Comerica Bank news and trends

CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program
Legal & Regulation // April 11, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. The Bureau told a U.S. District Court in a filing submitted Friday (April 11)...

Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank
Legal & Regulation // March 03, 2025

The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December. CFPB Chief Legal Officer Mark Paoletta said in court papers that the agency was considering next steps and...

Comerica Bank Launches New Business Banking Package
Banking // August 17, 2023

Comerica Bank has unveiled a new package of solutions for small business and business banking customers. This new Comerica Maximize package offers a combination of an interest-bearing checking account and cash management solutions, allowing customers to earn interest income while protecting and growing their businesses with treasury services, the company...

Comerica Bank Debuts Co-Op for Small Businesses
SMBs // January 26, 2023

Comerica Bank has launched a co-op to help its small business clients expand and prosper. “The backbone of our economy, small businesses account for 99.9% of all U.S. and 99.8% of all Texas businesses,” the Dallas-based bank said in a news release Thursday (Jan. 26)....

Interviews & Exclusives
The Clearing House and Comerica Expand RTP Use Cases to ‘On Behalf Of’ Use Cases

July 02, 2025
Watch more: TCH, Comerica Unlock More RTP Network Use Cases Under New Rules The Clearing House (TCH) debuted the RTP® network seven years ago and broadened its capabilities this year to accommodate a wider array of real-time payment scenarios. A development in this expansion is the introduction of revised rules for “on behalf of” (OBO) […]

Comerica Bank: Finding The Digital Fix For Accounts Receivables

August 17, 2020
The COVID-19 pandemic has made businesses and banks race to find solutions for immediate problems in recent months, but these firms must also consider how the pandemic could affect their...

Quick Reads
CFPB Drops Lawsuit Against Comerica Bank Over Federal Benefits Program

April 11, 2025
The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. The Bureau told a U.S. District Court in a filing submitted Friday (April 11) that it was dismissing the suit, Reuters reported Friday. The CFPB sued Comerica Bank […]

Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank

March 03, 2025
The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December. CFPB Chief Legal...

Comerica Bank Launches New Business Banking Package

August 17, 2023
Comerica Bank has unveiled a new package of solutions for small business and business banking customers. This new Comerica Maximize package offers a combination of an interest-bearing checking account and cash management solutions, allowing customers...

Comerica Bank Debuts Co-Op for Small Businesses

January 26, 2023
Comerica Bank has launched a co-op to help its small business clients expand and prosper. “The backbone of our economy, small businesses account for 99.9% of all U.S. and 99.8%...