Wealth banking during the
COVID-19 pandemic

PERSONAL | BUSINESS | WEALTH

Information for Wealth Management Clients

 

Connect with Comerica Wealth Management 

If you have questions or concerns, please contact your Comerica Wealth Advisor, comerica.com/wealthoffice, or click here for your Connect with Comerica Guide to accessing your accounts, transacting and communicating with Comerica Wealth Management.

Download Article: "The Coronavirus Aid, Relief, and Economic Security (CARES) Act: Relief and Stimulus Measures for Individuals": The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. The Act is the third piece of legislation the United States Congress enacted in response to the coronavirus pandemic. The CARES Act follows the (a) Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, which provides $8.3 billion in emergency funding for federal agencies on the front lines responding to the coronavirus outbreak, and (b) the Families First Coronavirus Response Act, which provides paid sick leave and free coronavirus testing, expands food assistance and unemployment benefits, and requires employers to provide additional protections for healthcare workers.

Download Article: "The Coronavirus Aid, Relief, and Economic Security (CARES) Act - Part II: Relief and Stimulus Measures for Small Businesses": This article is the second in our series discussing this momentous and unprecedented piece of legislation and its impact on our customers and partners. In this article, we will address the CARES Act’s impact on businesses and business owners. 

 

Banking center access and safety

While we recognize that our banking centers operate as vital resources in the communities we serve, we've temporarily adjusted our operating standards for the protection of our customers and to properly support our frontline workers and their families. To help ensure your safety and peace of mind when you visit and to help prevent the spread of COVID-19, the following measures have been implemented:

  • Banking center lobby access
    • Effective Feb. 19th all banking centers will resume normal hours and customer access to lobbies. Some banking centers may experience periodic limitations to adhere to state and / or local capacity requirements.
    • Appointments are strongly encouraged and can be requested for transactions or services that can’t be done via ATM, drive thru or Banker ConnectSM interactive teller machines.
  • Personal space and protection
    • Masks are required. If you don't have one, we will provide a disposable one before you enter.1
    • Teller stations are equipped with plexiglass shields.
    • Distancing markers on the floor to ensure social distancing.

Please visit comerica.com/local to find the closest banking center, ATM or Banker ConnectSM interactive teller machine.

1 If you have a medical condition that prevents you from wearing a mask, you may enter without one.

 

Temporary Shortage of U.S. Coins in Circulation

In mid-June 2020, the Federal Reserve announced that shutdowns caused by COVID-19 have caused a temporary nationwide shortage of U.S. coins in circulation, including those available to banks and businesses. During the time in which businesses were closed, consumers had few opportunities to use coin when making purchases, resulting in this supply shortage. Please visit our U.S. coin shortage page for more information.