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Fifth Third, Comerica merger: What Michigan customers need to know
ClickOnDetroit | WDIV Local 4 • • business
Key Points:
- Fifth Third Bank has completed its acquisition of Comerica, with Comerica customers transitioning to Fifth Third’s systems starting September 8, affecting mobile banking, direct deposits, and other services.
- Comerica customers will need to create new user IDs and passwords on the Fifth Third app or website, while their debit cards, ATM access, and direct deposit information will transfer automatically.
- Over 70 branch locations will close due to the merger, but the combined bank will have a larger branch presence in Southeast Michigan and Detroit, offering more options overall for customers.
- Fifth Third is providing welcome packets in August and increasing staff to assist customers during the transition, with additional information available on the bank’s Better Together webpage.
- The future of Comerica Park’s naming rights is still under review, with a decision expected in the offseason amid public interest in whether it will be renamed Fifth Third Park.
