June 15, 2015 Contact: Spencer Gillette
Oakland African American Chamber of Commerce (OAACC) and
Comerica Bank announce strategic partnership
Chamber and Bank team up to help businesses grow in Oakland
Oakland, Calif. – OAACC and Comerica Bank announce a partnership to improve economic development for Oakland residents and businesses. The collaboration will focus on funding for micro and small business growth along with training and creating a new revenue source for OAACC.
The collaboration has already secured high-level relationships for trade, credit and loan facilities for the businesses with Comerica Bank, the 22nd largest U.S financial holding company. The partnership has developed several viable, proven and available business opportunities for not only members of the chamber, but also community businesses as a whole.
Details:
WHO: Spencer Gillette, President and CEO, OAACC
Judy Love, California Market President, Comerica Bank
OAACC members
WHAT: Kick-off event for partnership announcement and check presentation to OBDC
WHEN: Thursday, June 18th, 10 a.m.
WHERE: 409 13th Street, Tribune Tower, Oakland, CA 94612
Event is on the 18th floor. All media asked to RSVP in advance. Names of attendees will be with building security.
About OAACC:
The OAACC was established in 2003. It is a private non-profit organization whose mission is to protect, represent and support the interests of the business community in Oakland. It does so by creating a favorable business environment; supporting the development of business; and by promoting Oakland as a global business hub.
The OAACC provides a number of services for its 400 plus business associates and members including legal services, dispute resolution, receiving foreign business delegations and sending delegates abroad, organizing trade fairs and economic forums, organizing training programs for entrepreneurs, serving business groups and councils, providing banking and financial services, business matching services, access to updated research and numerous reports, and other services that meet and assist associates and members to network and grow, thereby enhancing the investment environment in Oakland.
About Comerica Bank:
Comerica Bank, founded more than 165 years ago, is a subsidiary of Comerica Inc., based in Dallas and has offices throughout the Bay Area. Comerica focuses on relationships and helping people and businesses be successful. The bank provides a full range of financial services to individuals, families and businesses of all sizes. Comerica’s Oakland Banking Center is at 1200 Broadway. Comerica Bank’s East Bay middle market group, located in Walnut Creek, specializes in serving manufacturers, distributors and wholesalers, especially those that are privately owned and/or owner-managed. Wealth Management, Treasury Management, Commercial Real Estate and Small Business Banking groups serve customers throughout the East Bay. Comerica Bank is raising expectations of what a bank can be.
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