Comerica Bank to Close One Dearborn Branch
If you haven’t already heard, Comerica Bank announced it is cutting 300 jobs or about 3 percent of its workforce and closing six branch offices, including one in Dearborn and Dearborn Heights.![]()
The branch closings will affect about 78 workers. The Dearborn branch being closed is located on Pelham and Outer Drive, according to Crain’s Detroit Business. About 80 percent of those workers will be transferred to other branches and those that do not find jobs will be given severance packages.
The other bank branches being closed are located at Nine Mile and Schoenherr roads in Warren; Cherry Hill and Inkster roads in Dearborn Heights; Livernois and Clarita in Detroit; and branches in Carleton and Lapeer. The closings are caused in part by the growing number of customers doing online banking, a spokeswoman for Comerica tells Crain’s.
We can all be relieved that the most beautiful Comerica Bank branch in Dearborn, located at Mason and Michigan, remains here as an anchor of the west Dearborn downtown. That branch has had a few names on the building. At one point in the early 1900s it was the P.D. Lapham Bank. The bank was then sold to Henry Ford, who renamed it the Dearborn State Bank, which later became Manufacturers Bank and then finally Comerica Bank.
As for the job cuts, it isn’t clear how many of the 300 job eliminations will be from Michigan.
