Smaller banks in Oakland County are looking at Comerica's announced relocation as an opportunity to create market share.
Excerpt:
"What you're going to see is a lot of advertising campaigns that say, 'Come and bank with your hometown bank,' and over time they will increase market share," said Brian D. Pollice, financial institution partner for Plante & Moran PLLC in Southfield.
"It's an opportunity for the smaller banks to step up and say, 'Here I am - I am in your hometown and our decisions are made here.'"
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