Why did the U.S. Department of the Treasury select Comerica Bank to provide the Direct Express® card?
Treasury received competitive applications from over a dozen banks in response to the request for nationwide debit card services and was pleased with the excellent qualifications of the applicants. Comerica Bank was selected, in part, because of its experience as a prepaid debit card issuer for millions of benefit recipients, particularly for state government programs. Comerica Bank and its partner, ACS State and Local Government, Inc., have been serving state and local governments since 2003. Since that time, they have worked together to implement and operate debit card programs in 13 states, representing 25 benefit and payment programs and servicing more than 2.5 million recipients in all U.S. states, territories, Canada, Mexico, and many foreign countries. Of importance to FMS, Comerica Bank offers a competitive cardholder fee schedule that allows benefit recipients to use the debit card at little or no cost. Most services are free to the cardholder. In addition, Comerica Bank offer
