SAN ANTONIO, April 29, 2013 /PRNewswire/ -- Comerica Bank today announced that Rhonda K. Calvert has been named its first San Antonio Market President, effective today. In addition to this role, Calvert will serve as Group Manager for Comerica's Business Banking group in San Antonio. In her role as San Antonio Market President, Calvert will report to J. Patrick Faubion, Comerica's Texas Market President, and will serve on Comerica's Texas Management Council; and in her role as Group Manager for Business Banking, she will report to Tami Ruderer, Executive Vice President of Business Banking for the Texas Market.
As San Antonio Market President, Calvert will support the bank's customer initiatives and overall business and community development efforts across its retail, commercial and wealth lines of business; as Business Banking Group Manager, she will directly manage Comerica's San Antonio Business Banking operation, which provides banking and business solutions to companies with annual revenues of $2 million to $20 million.
"Rhonda's extensive banking experience in San Antonio, her deep roots in the local community and her commitment to serving customers will greatly benefit Comerica and our clients in our newest market," said Faubion. "We are pleased to have Rhonda join the Comerica team as our first San Antonio Market President."
"We're excited to have Rhonda lead Comerica Bank's efforts to deepen relationships with our current clients and grow our business and brand in San Antonio, a very important market for Comerica and one with great potential for growth," said Ruderer.
With more than 28 years of financial services experience, all with Bank of America Merrill Lynch and its predecessors, Calvert most recently served as Senior Vice President and Senior Client Manager for Public Sector Banking.
Active in civic and community affairs, Calvert has served in leadership roles with the following organizations: San Antonio Fiesta Commission (currently the Presidential Appointee to the Executive Committee), The Downtown Rotary Club of San Antonio, The Greater San Antonio Chamber of Commerce - Leadership San Antonio, The Junior League of San Antonio and Battle of the Flowers Association. She was also recently invited to be a new Sponsor of the Charity Ball Association. Calvert earned a Bachelor of Business Administration with Honors from the University of Texas at Austin and she and her husband, Joe, are lifelong residents of San Antonio.
Comerica formally entered the San Antonio Market in November 2011 with the completion of its Sterling Bancshares acquisition and currently operates eight full-service banking centers in San Antonio, and 137 across Texas.
About Comerica Bank
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $64.9 billion at March 31, 2013. To find us on Facebook, please visit www.facebook.com/ComericaCares. Follow Comerica on Twitter at @ComericaCares and follow Comerica Chief Economist Robert Dye on Twitter at @Comerica_Econ.
SOURCE Comerica Bank