December 23, 2010

Bridgit Chayt has been promoted to Executive Vice President of Treasury Management Services at Dallas-based Comerica Bank. In her new role, Chayt is responsible for the development, sales and support of treasury management products on a national level, including commercial card and merchant services. She succeeds Daniel J. McCarty, who retired after a 22-year career with Comerica.

Chayt most recently served as senior vice president of Global Corporate Product Management in Treasury Management Services -- a position she has held since 2003. She joined Comerica in 1998 as a global banking marketing manager for Comerica's Business Bank. In 2000, she became the global corporate marketing manager supporting The Business Bank and Wealth & Institutional Management.

Chayt chairs Comerica's Women's Forum in Michigan, an employee resource network group that works to further the recruitment, development and retention of women at the bank.

Comerica's Treasury Management Services division offers a suite of financial products that help businesses reduce costs and reach their financial goals, including the Web-based application TM Connect Web. Other products available through Comerica's Treasury Management division include the Comerica Healthcare Receivables Automation Solution, a web-based product aimed at reducing healthcare industry costs and facilitating the electronic delivery of payment information; Comerica Business Deposit Capture, which enables businesses to scan checks and deposit them electronically into their Comerica account; and Comerica ACH Positive Pay, which provides fraud protection and information management capabilities for ACH (Automated Clearing House) transactions.

ABOUT THE AUTHOR
Katherine Burger is Editorial Director of Bank Systems & Technology and Insurance & Technology, members of UBM TechWeb's InformationWeek Financial Services. She assumed leadership of Bank Systems & Technology in 2003 and of Insurance & ...