Michigan Banks Merge: Comerica Customers to Switch to Fifth Third Sept. 8
Fifth Third Bank completed its $10.9 billion acquisition of Comerica, and beginning Sept. 8 Comerica customers will transition to Fifth Third’s systems. Customers must create a new user ID and password, with debit cards, ATMs, direct deposits, and ACHs transferring automatically; welcome packets will be mailed in August to guide the process. The deal will close more than 70 branches, but the combined network is expected to offer more options in Southeast Michigan and Detroit; a potential rename of Comerica Park is under review and to be decided in the offseason.
