DALLAS, February 15, 2022 /PRNewswire/ — Comerica Incorporated today announced that Derric Hicks has been named Group Director of its new South Dallas Business Banking team. He will report to the President of the Dallas Market Amanda Mahaney.
Hicks, who has more than 20 years of experience in the banking industry, will lead a team that will serve the southern sector of dallas with a focus on providing financial solutions to women- and minority-owned businesses, as well as partnering with community development organizations.
“Derric is highly respected in the DFW banking industry as well as in the community where he lives and serves,” Mahaney said. “We are very fortunate to add Derric’s invaluable expertise to our team and to benefit from the strong relationships he has built in this footprint. Derric and his team will play a vital role in elevating Comerica’s commitment to expand equitable economic development in South of Dallas.”
A Jackson, miss.native, Hicks, earned a Bachelor of Science in Health Information Management from Florida A&M University and holds a master’s degree in business administration from the Phoenix University. He is also a Southern Methodist University Alumnus of the Southwestern Graduate School of Banking.
Hicks, an active member of Alpha Phi Alpha Fraternity, Inc., currently serves on the advisory boards of the North Texas LiftFund and the Texas Real Estate Commission Community Investors Fund. He is also a member of the advisory roundtable of the Texas Association of Community Development Corporations and past chairman of the board of directors of the William Mann Jr. Community Development Corporation.
Comerica Bank is a subsidiary of Comerica Incorporated (NYSE: CMA), a financial services company headquartered in Dallas, Texas, and strategically aligned with three business segments: commercial banking, retail banking and wealth management. Comerica focuses on relationships and helping people and businesses succeed. In addition to Texas, Comerica Bank branches are found in Arizona, California, Florida and Michigan, with select companies operating in several other states, as well as Canada and Mexico. Comerica reported total assets of $94.6 billion as of December 31, 2021.
SOURCE Comerica Bank