Comerica Bank-California Receives CEDLI Award for Outstanding Performance in Community Development Lending; Comerica Leads California Banks by Originating $14 Million in Loans.

LOS ANGELES--(BUSINESS WIRE)--Oct. 25, 1999--

The California Economic Development Lending Initiative (CEDLI) recognized Comerica Bank-California for "Outstanding Performance in Community Development Lending" at an awards ceremony in Los Angeles earlier this month.

CEDLI, a statewide, multi-bank community development corporation, found Comerica to be the most active lender, with $14 million in financing to small and mid-sized businesses in conjunction with CEDLI over the past year.

The award was accepted at a luncheon in Los Angeles on October 4, 1999, by Mike Dokmanovich, first vice president and group manager of the Westwood middle market banking unit, on behalf of Comerica Bank-California.

"At Comerica, we've always made small and mid-sized business loans a key strategic focus and we will continue to do so," said Dokmanovich. "We're proud and delighted to be recognized for our achievements in this area."

Headquartered in San Jose, Comerica Bank-California is the 10th largest bank headquartered in California, based on assets of $4.6 billion at September 30, 1999. Comerica Bank-California has 31 offices in the Bay Area (San Jose to San Francisco), Santa Cruz Coastal, Los Angeles (Los Angeles to Orange Counties) and San Diego. Comerica Bank-California is a subsidiary of Comerica Incorporated (NYSE:CMA), a Detroit-based holding company that operates banking affiliates in Michigan, Texas, Florida and California.