Comerica Bank has issued the following statement regarding today's announcement by the Treasury Bureau of the Fiscal Service of its new selected financial agent for Direct Express program.

Comerica first won the contract for the Treasury Department's Direct Express prepaid card program in 2008, then renewed it in 2014 and again in 2020. Comerica Bank has received notice from the ...

Comerica Bank is being accused of deliberately hanging up on customer service calls, charging illegal ATM fees and more allegations involving seniors, the disabled and others who use the Direct ...

Curt Farmer, CEO of the Dallas company, defends its management of a Treasury Department program that provides federal benefits on prepaid cards. He says a recent American Banker investigative article ...

American Banker's article earlier this week on Comerica (NYSE:CMA) violating compliance rules for the Treasury Department’s Direct Express program was “based on dated information that is ...

The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits.

Direct Express provides important non-interest-bearing deposits for the bank, and the nonrenewal of this contract adds additional funding cost pressure on Comerica.

Comerica (CMA) Bank has issued the following statement regarding the announcement by the Treasury Bureau of the Fiscal Service of its new selected financial agent for Direct Express program: "We ...

DALLAS, Nov. 21, 2024 /PRNewswire/ -- Comerica Bank has issued the following statement regarding today's announcement by the Treasury Bureau of the Fiscal Service of its new selected financial ...