Comerica Bank Names Summer Faussette As National African American Business Development Manager
Photo Credit: Summer Faussette, Comerica Bank National African American Business Development Manager

Comerica Bank Names Summer Faussette As National African American Business Development Manager

Dallas-based Comerica Bank has announced that they’ve appointed Summer Faussette into a new role.

In a press release announcement, it was revealed that Faussette was named as the new National African-American Business Development Manager. In this role, Faussette is being commissioned to build and develop relationships with both Black individuals and businesses to bring business into the bank, and ensure customer satisfaction across the board.

“Summer brings with her a wealth of experience and knowledge, which will benefit us as we continue to support initiatives that engage African American communities across our markets,” said Comerica Bank Chief Community Officer Irvin Ashford, Jr., in the press release statement.

This latest move marks the latest in a series of different efforts made by Comerica Bank to engage the Black community nationwide.

In late 2020, Comerica also moved $10 million in deposits to Minority Depository Institutions (MDIs), as well as established mutual mentoring relationships with these institutions. MDIs assist minority and underserved communities and foster economic viability in their communities. Specifically, Comerica allocated $2.5 million to each selected MDI, including First Independence Bank in Detroit, Mich.; Broadway Federal Bank in Los Angeles, Calif.; Unity National Bank in Houston, Texas; and Commercial Bank of California in Irvine, Calif.

Comerica Bank also hosted a series of “bootcamps” — which were mostly virtual due to COVID-19 — and Money $ense programs that helped more than 1.200 businesses.