BNY gains Treasury's Direct Express benefits contract [Yahoo! Finance]
Comerica Incorporated (CMA)
Last comerica incorporated earnings: 4/21 06:34 am
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Source: Yahoo! Finance
The decision had been expected With the contract, BNY gains a free liquidity source of more than $3 billion in deposits a month. The nation's oldest bank has been making a push into faster payments and laying the groundwork to expand payments to the underbanked. The agreement is for five years, beginning Jan. 3, the Treasury said in a press release. Comerica will continue to service existing cardholders until those cardholders register for a new account with BNY. The Treasury's Bureau of the Fiscal Service evaluated proposals from several financial institutions and determined that BNY would be able to provide services tailored to Direct Express's users, the Treasury said. "With the new financial agent, customers will enjoy rent and other bill payment solutions, virtual cards, cardless ATM access, chat and text customer service, online dispute filing, in-person identity authentication options, and more," the Treasury said. The program will offer other benefits, such as the abi
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CMA
News
- Comerica Bank Statement on Direct Express Program Transition [Yahoo! Finance]Yahoo! Finance
- Comerica Bank Statement on Direct Express Program TransitionPR Newswire
- PMB & The Springs Living Announce Grand Opening for a 360,000 SF | 12-Story Senior Living Community on the Vancouver Waterfront [Yahoo! Finance]Yahoo! Finance
- Bryn Mawr Trust Continues Adding Advisory Business Talent to Meet Growth Demands [Yahoo! Finance]Yahoo! Finance
- Comerica Incorporated (NYSE: CMA) had its price target raised by analysts at Robert W. Baird from $75.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
CMA
Earnings
- 10/18/24 - Beat
CMA
Sec Filings
- 11/21/24 - Form 3
- 11/21/24 - Form 4
- 11/12/24 - Form 4
- CMA's page on the SEC website