Date

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Title Date
Comerica Bank Political Action
Committee Administrative Services
August 2007
Presented by James Hoeberling Vice
President 3551 Hamlin Road MC 2250 Auburn Hills,
MI 48326 248-371-5562
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About Comerica
Products/Services
Online Product
Why Comerica
Comerica Incorporated

• Comerica is a diversified financial services
  company headquartered in Dallas, Texas
• Established in 1849 and is the oldest financial
  institution in Michigan
• Among the 20 largest banking companies in the
  U.S. with 58.6 billion in assets (as of June 30,
  2007).
• Nations 12th largest commercial business lender
• 400 offices located in Michigan, Florida,
  California and Texas, and several other states
• Approximately 11,000 employees

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Products/Services
Online Product
Why Comerica
About Comerica
Comericas PAC Services a commitment kept
since 1977

• Experienced PAC professionals
• Strong technical and operational support
• Client Focus youre not just a number
• Commitment to quality
• Confidentiality of contributor data
• Complete legal compliance with regulatory
  agencies
• Tailored services to meet your specific PAC
  requirements

While our competitors are getting out of the
business, we continue to invest in systems and
technology, and we deliver customer service like
nobody in the business. Cheryl Derezinski,
Senior Vice President, Institutional Trust
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Online Product
Why Comerica
Products/Services
About Comerica
Overview of PAC Services

• Comerica Banks PAC Services is a cost effective
  outsourcing alternative to any size organization.
  Key services provided include
• Solicitation Services
• Contribution and Disbursement Processing
• Government Reporting
• Management Reporting
• Treasurer Services
• Investment Management and Bank Account Services
• Matching Gifts Program
• PAC Manager Online

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Products/Services
About Comerica
Online Product
Why Comerica
Solicitation Services

• Comerica will
• Act as a centralized clearinghouse
• Receives all contributions and pledges from
  contributor
• Provides extra layer of confidentiality
• Reduces paper flow
• Maintain and update contributor data
• Acknowledge contributors
• Provide mailing lists
• Deliver weekly status reports (during peak
  solicitation periods)

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Products/Services
About Comerica
Online Product
Why Comerica
Contribution Processing

• The flexibility of our system allows participants
  to
• contribute via
• Payroll deductions
• Contribution by checks
• Credit card
• Participation levels generally increase when
  employers
• offer flexible contribution methods and allow
• employees more control over their contributions.

• The success of your PAC depends solely on your
  ability to gain employee support of the program.

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Products/Services
About Comerica
Online Product
Why Comerica
Contribution Processing
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Products/Services
About Comerica
Online Product
Why Comerica
Disbursement Processing
The check requisition process is initiated by an
authorized signer at ABC Company by forwarding a
completed Check Requisition to the Comerica PAC
Administrator. Digitized signatures with your
company logo are available.
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Products/Services
About Comerica
Online Product
Why Comerica
PAC Disbursement Process
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Products/Services
About Comerica
Online Product
Why Comerica
Government Reporting

• Comerica will prepare and file reports with
• Federal Election Commission
• State authorities
• Currently filing unique reports in 30 states
• Capable of meeting requirements in any state
• Internal Revenue Service
• Form 8871 (as required)
• Form 1120-POL
• Form 990 (as required)
• Comerica will retain records for a 5 year period

• Comerica assumes responsibility for fines and
  penalties resulting from late filings or omission
  of details that are caused by negligence on our
  part.

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Products/Services
About Comerica
Online Product
Why Comerica
Management Reporting

• Comerica will customize reports to meet your
  needs
• Recap of Receipts and Expenditures
• Revenue and Participation Reports
• YTD Contributions to Candidates
• Budget by Candidate Reports
• Solicitation Reports
• Payroll Variance Reports
• Disbursement Checks Outstanding 90 days or More

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Products/Services
About Comerica
Online Product
Why Comerica
Treasurer Services

• Comerica can provide an individual to act as
  treasurer for your PAC to handle the following
  responsibilities
• Filing complete and accurate reports and
  statements on time
• Signing all reports and statements
• Depositing receipts in the committees designated
  account within 10 days
• Authorizing or appointing an agent to authorize
  expenditures
• Monitoring contributions to ensure compliance
• Keeping the required records

• If the FEC brings an enforcement action against a
  PAC, the treasurer is usually named as a
  respondent along with the Committee itself.

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Products/Services
About Comerica
Online Product
Why Comerica
Investment Management Services

• Variety of funds
• Daily reconcilement of the PAC checking account
  or investment account
• Daily investment or redemption of cash

Bank Account Services

• Monthly reconciliation with 90 day outstanding
  checks report
• Account to account transfers

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Products/Services
About Comerica
Online Product
Why Comerica
Matching Gifts Program

• Corporations may establish a matching gifts
  program as incentive for PAC contributions. We
  offer
• Participant database management
• Determine eligibility and dollar amount to match
• Process participant designation forms
• Verify 501(c)(3) eligibility
• Investigate inquiries regarding matching gift
  status
• Correspondence
• Designation letters to participants
• Letters to accompany checks disbursed to
  charities
• Letters of acknowledgement to participants
• Letters of charity ineligibility
• Bank account service
• Matching gifts reports

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Online Product
Why Comerica
Products/Services
About Comerica
PAC Manager Online

• Easy navigation
• System security including password protection
• Five years of historical data
• Downloading capabilities
• Five comprehensive PAC reports

• Ledger by Date Reports - displays receipts,
  disbursements and PAC cash balances

• Candidate Contributions - by party and/or office
• Disbursement Transaction List - provides
  disbursement date, check status, type and purpose
• Contributors History Report - PAC contributors
  history by year
• Recipient Transaction List - PAC receipts by
  source and can be sorted by state, region, name,
  division, and grade level

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About Comerica
Why Comerica
Online Product
Products/Services
Comerica/BIPAC Alliance
Comerica PAC Services has developed an alliance
with Business Industry Political Action Committee
(BIPAC) to offer our customers a broader spectrum
of valuable PAC products.

• Grassroots databases
• Communication tools
• PAC website development
• Internet solicitation

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Online Product
Why Comerica
Products/Services
About Comerica
Representative Client List

• Amazon.com
• Blue Cross and Blue Shield Assoc.
• CBS Corporation
• Cingular Wireless, LLP
• DaimlerChrysler Corporation
• Dominion
• DTE Energy
• Dow Chemical Company
• Ford Motor Company

• Lyondell Chemical Company
• Marathon Oil Company
• Michigan Bankers Association
• PECO Energy
• Scotts Company
• Starwood Hotels Resorts Worldwide, Inc.
• TDS Communications, Inc.
• Viacom International
• Visteon Corporation

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Why Comerica
Products/Services
Online Product
About Comerica
Why Comerica Bank

• Commitment to the PAC business
• Customer service
• Optimum size
• Competitive fees
• Technology

Comerica Park
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