The U.S. Department of Treasury had contracted exclusively with Comerica has since 2008 to administer the Direct Express program. The card enables people who don't have bank accounts to receive ...

Comerica's contract with Treasury to operate the Direct Express program expired on Jan. 2. The Bank of New York Mellon was set to take over the lucrative contract the following day. During Comerica's ...

Philadelphia, Pennsylvania--(Newsfile Corp. - January 15, 2025) - Kehoe Law Firm, P.C. is investigating whether certain executive officers or board members of Comerica Inc (NYSE: CMA) failed to ...

including Comerica Bank, Charter One, Privileged Status, Alliance One, PNC Bank, Mastercard ATM Alliance and MoneyPass. "The Direct Express card is not a bad card and does not have a lot of fees ...

Comerica's shares have been mixed, gaining 15% but lagging due to declining deposits. Read why I upgrade CMA stock from sell ...

Moreover, the Direct Express program contributes significantly ... acquisition and retention in the competitive banking landscape. If Comerica is forced to allocate a larger portion of its ...

Comerica had around $3.5 billion of average non-interest-bearing deposits related to Direct Express in the fourth quarter. We think the transition period offers the bank an opportunity to grow its ...

Q4 2024 Earnings Conference Call January 22, 2025 8:00 AM ETCompany ParticipantsKelly Gage - Director, IRCurt Farmer ...

the Consumer Financial Protection Bureau ("CFPB") sued Comerica Bank, a subsidiary of publicly traded Comerica Inc., for systematically failing its 3.4 million Direct Express cardholders - primarily ...