March 30, 2026
A Michigan federal judge on Friday freed Comerica Bank from claims that it unlawfully profited from a government benefit debit card program it administered by keeping the interest generated by the funds, finding that two contractual agreements invalidate the cardholders' claims to the earnings.
June 17, 2025
Comerica Bank is not permitted to pay interest to recipients of a federal assistance program it helps administer, the bank argued in a bid to toss class claims from enrollees of the benefits card program who allege that the bank improperly kept interest earned on their accounts.
March 10, 2025
Comerica Bank was hit with a proposed class action Friday claiming that the bank is not entitled to keep interest it earns on Social Security and other federal benefits Comerica distributes through government benefits cards.