Comerica Bank Expands Auto Dealer Team in Florida with Hire of Kimberly Wong

WESTON, Fla., Aug. 24 /PRNewswire-FirstCall/ -- Comerica Bank today announced the appointment of Kimberly Wong as vice president of National Dealer Services. Wong will provide customized financial services to automotive dealerships in Comerica's fast-growing Florida market, with a focus on dealers in Florida's southeast coast. The announcement was made by Christopher Stearns, first vice president and manager of Comerica's National Dealer Services group in Florida.

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Wong returns to Comerica after having served with the bank from 1998-2001, first in its credit department and then in its international department. Most recently, she was a commercial lender in Florida with Wachovia (formerly SouthTrust Bank).

"Kimberly is a welcome addition to our team and brings a wealth of experience and knowledge to Comerica," said Stearns. "I know she is looking forward to serving the diverse financial services needs of our auto dealer clients, and providing them the tools they need to succeed in today's competitive marketplace."

Wong earned a bachelor of business administration degree from the University of Notre Dame in 1997, with a focus on finance.

Comerica provides comprehensive services for auto dealers including: * Floorplan inventory financing * Acquisition financing * Dealership real estate financing * Cash management services * Floorplan audits * Dealership financial reviews * Lease and working capital lines * Credit card/merchant services

One of the largest non-captive providers of wholesale financing to dealerships, Comerica is a recognized leader in dealer floorplan customer satisfaction.

To contact Comerica's National Dealer Services group in Weston, Florida, call (954) 306-4500.

Comerica Incorporated is a financial services company headquartered in Detroit, strategically aligned into three major business segments: the Business Bank, the Retail Bank, and Wealth & Institutional Management. Comerica focuses on relationships and helping businesses and people to be successful. Comerica Bank locations can be found in Michigan, California, Texas, Florida and Arizona, with select businesses operating in several other states, and Canada and Mexico. Comerica reported total assets of $57.1 billion at June 30, 2006. To receive e-mail alerts of breaking Comerica news, go to http://www.comerica.com/newsalerts .