Photography by Michael B. Lloyd
BOCA RATON — Comerica Bank has opened a banking center at 1 South Federal Highway. It is the first Comerica Bank center in Florida built from the ground up as a standalone brick-and-mortar office.
Mayor Susan Whelchel led a ribbon cutting ceremony.
The location will operate Monday – Thursday from 9 a.m. to 4:30 p.m. and Friday 9 a.m. to 5 p.m. The center will employ four professionals, including Steven Owens, banking center manager, who has more than 10 years of wealth management and banking experience in South Florida. He comes to Comerica from Regions Private Bank, where he served as the vice president of private banking.
The new banking center joins Comerica’s 10 other Florida locations, including Fort Lauderdale, Naples, Orlando, Palm Beach Gardens, Singer Island, Sarasota, Stuart, Wellington and Weston – as well as Comerica’s Florida headquarters in Boca Raton.
Comerica has been in Florida since 1979 and specializes in wealth management, middle-market lending, small-business services, automobile dealer services, commercial real estate and private lending. The bank has nearly 170 employees in Florida who build the business through strong client relationships.
“We’re different than a lot of banks because we focus on skill rather than scale,” said Randy Nobles, president, Comerica Bank-Florida. “The relationships we have with our clients often extend through several generations. In our early days here in Florida, we focused on affluent clients from Michigan who came down for the winter season. But the Florida landscape has changed significantly and we are eager to show new clients how we can help them succeed financially.”
Boca Raton Mayor Susan Whelchel cuts the ribbon at Comerica’s new banking center in Boca Raton. The office is the first Comerica Bank in Florida built from the ground up as a standalone banking center. From left are Chuck Tashjian, former Boca Raton Mayor Bill Smith, Mayor Whelchel, Comerica Florida President Randy Nobles, Greater Boca Raton Chamber of Commerce President Troy McLellan, Regional Manager Kurt Younker and Boca Raton Banking Center Manager Steve Owens.