Comerica 2011 Annual Report Download - page 6

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MMITTED
®
It’s what helps us grow. Together.
to the
COMMUNITY.
comerica.com
Member FDIC. Equal Opportunity Lender.
We also have a strong commitment to the communities
we serve. For Comerica, a commitment to community is
fundamental to who and what we are as a company. In a
difficult and challenging economy, we provided some $9
million in 2011 to not-for-profit organizations in the markets
we serve.
For example, we provided grants totaling $300,000 to
seven non-profits throughout California for small business
assistance programs. These grants help increase economic
opportunities for underserved communities, offering a wide
range of flexible financial products and services.
Also in California, we donated more than 45,000 school
supplies, including 3,500 backpacks, to benefit the more
than 10,000 homeless students in the Los Angeles Unified
School District. The supplies were collected at our banking
centers throughout greater Los Angeles.
In Texas, we teamed up with non-profits in Dallas and
Houston to open community resource centers, or access
points for self-sufficiency, self-improvement, financial literacy
education, job preparation and life skills in underserved
areas. These resource centers now serve as safe places
for children and adults to access the internet, read books
and attend financial empowerment workshops taught by
Comerica bankers. In Southern Dallas, we partnered with the
non-profit “Project Still I Rise;” in Houston’s 3rd Ward, we
partnered with the non-profit “Change Happens” to make
these community resource centers a reality.
We partnered with the Federal Home Loan Bank of
Dallas in presenting Partnership Grant Program awards to
Dallas, Texas-based City Wide Community Development
Corporation, the Fort Worth Business Assistance Center
(BAC Education Foundation) and Housing Opportunities of
Fort Worth, Inc. The grants assist with the operational needs
of these organizations, which are involved in affordable
housing and community development.
In Michigan, Comerica is at the forefront of an effort to
improve adult literacy in Metro Detroit. The Reading Works
campaign supports agencies in the region that provide
instruction for adults who want to learn to read. The bank
provided the first corporate contribution to the campaign and
is working to incorporate financial literacy education into the
campaign’s programming.
We held our first “Tools for School” supply drive in
Michigan in 2011, collecting school supplies to provide
students the tools they need to succeed in school. Comerica
customers and colleagues donated nearly 50,000 school
supplies, which were distributed to students in need. We also
hosted “Backpackpalooza,” in conjunction with Operation:
Kid Equip, at our new Michigan market headquarters, giving
away 1,000 free backpacks and school supplies to students
in need.
S C  
C WS
C I
2011 Annual Report