On February 15, Dallas-based Comerica Inc. announced that Derric Hicks has been named the group manager for its new South Dallas business banking team. He will report to Amanda Mahaney, Dallas market president. Hicks, who has more than 20 years of experience in banking, will lead a team that will serve the southern sector of Dallas with a focus on providing financial solutions for women- and minority-owned businesses, as well as partnering with community development organizations.
“Derric is well-respected in the DFW banking industry, as well as in the community where he lives and serves,” Mahaney says. “We are very fortunate to add Derric’s invaluable expertise to our team and benefit from the strong relationships he has established in this footprint. Derric and his team will play a vital role in elevating Comerica’s commitment to expanding equitable economic development in South Dallas.”
Hicks earned a BS degree in health information management from Florida A&M University and holds an MBA degree from the University of Phoenix. He also is an alumnus of the Southwestern Graduate School of Banking at Southern Methodist University. Hicks, an active member of Alpha Phi Alpha Fraternity Inc., currently serves on the advisory boards of the North Texas LiftFund and Texas Real Estate Commission Community Investors Fund. He also is a member of the Texas Association of Community Development Corporations advisory roundtable and past board chair of The William Mann Jr. Community Development Corp.
Established in 1849, Comerica Bank operates in Texas, Arizona, California, Florida and Michigan, with reported total assets of $94.6 billion as of December 31, 2021.
