Taft-Hartley Services

At Comerica, we’ve been working with unions and their members for over 50 years, giving our advisors the experience needed to understand the responsibilities required by Taft-Hartley plans.

From custody services to investment strategies, as a fiduciary we’re committed to delivering premier service that helps clients meet their retirement goals.

Advisors, Not Just Bankers

At Comerica, our clients seek business solutions for value creation, profitability and growth, not just rates and terms. Our exclusive team is here to provide one-on-one dedicated services to help your team navigate the complexities and maximize the opportunities of multi-employer plans.

Exclusive, experienced Taft-Hartley team
Wide range of custody and related products
Diversified investment management capabilities¹
Customized services and personal attention
Proven commitment to Taft-Hartley funds

historical photo of woman working in factory

Generations of Commitment to Union Labor

Comerica has offered services to multi-employer organizations for over five decades.

Supporting union labor

Comerica makes a concerted effort to utilize union labor on major bank building renovations and construction projects.

Supporting Taft-Hartley

Taft-Hartley guidelines are applied to proxy votes on shares held in discretionary accounts.

Custody Services for Any Type of Plan

Long-standing industry relationships, up-to-date technologies and specialized product capabilities allow Comerica Bank to provide exceptional custody service to Taft-Hartley funds of all types and varying asset sizes throughout the U.S.

Custody

Comprehensive domestic and global securities processing, settlement and safekeeping
Real-time, integrated account information online
Comprehensive ERISA reporting package

Complementary services

Benefits payments
Performance measurement
Securities lending

Economic Commentary

Maximize Your Opportunities

Get your complimentary consultation from the Leading Bank for Business.

Contact Comerica at 888-791-9396.

*Comerica ranks first nationally among U.S. bank holding companies with greater than $70B in assets, based on commercial and industrial loans outstanding as a percentage of assets, as of June 30, 2024. Data provided by S&P Global Market Intelligence.

¹Investment options offered are not deposits or other obligations of Comerica Bank or its affiliates, are not guaranteed by Comerica Bank or its affiliates and are not insured by the FDIC. Funds are subject to investment risk, including possible loss of the principal amount invested. Prospectuses should be reviewed prior to investing in any of the funds.

Not FDIC or NCUA Insured

No Financial Institution Guarantee

May Lose Value

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Taft-Hartley