BIRMINGHAM, Ala., July 19 /PRNewswire-FirstCall/ -- BBVA
Compass announced today that it has extended a disaster relief
program to help assist the residents of Alabama and Florida counties affected by the Gulf Oil
Spill. Effective immediately, BBVA Compass is offering new and
existing consumer and small business customers a variety of special
financial options to provide relief during this unexpected
event.
"As an integral member of the communities along the Gulf Coast,
we believe it is important for BBVA Compass employees in these
areas to be able to offer solutions to assist those who have been
impacted by the Gulf Oil Spill," said Manolo Sanchez, BBVA Compass president and CEO.
"At BBVA Compass, we work for a better future for people and we
know that our employees in turn are passionate about helping those
in need. We believe our disaster relief program offers individuals
and small businesses ways to maintain a financial balance while
working through the hardships this disaster has created."
BBVA Compass has committed to a disaster relief program for
individuals and small businesses that include:
- Penalty-free CD withdrawals
- Deferred payments on existing small business and consumer loans
and credit cards
- Special Rates and terms on small business and consumer
loans
- Loan payment late fee forgiveness
BBVA Compass has more than 28 banking centers serving the Gulf
Coast in Alabama and Florida. More information on these special
offers can be found by visiting www.bbvacompass.com or by calling
1-800-Compass (1-800-266-7277).
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that
operates 724 branches including 387 in Texas, 92 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 22 in New Mexico. BBVA Compass is the 15th largest
U.S. commercial bank based on deposit market share and ranks among
the largest banks in Alabama
(3rd), Texas (4th) and
Arizona (5th). For the second
consecutive year, BBVA Compass was named as a "Lender of the Year"
by the Small Business Administration (SBA). Additional information
concerning BBVA Compass can be found on our website
www.bbvacompass.com.
BBVA Compass is a subsidiary of Compass Bancshares, Inc., a
wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a
financial services group with more than $765
billion in total assets, 48 million clients, 7,500 branches
and approximately 104,000 employees in more than 30 countries. BBVA
ranks among the top 20 largest financial institutions in the world
based on market capitalization and 20th in Global Finance
magazine's list of the "World's 50 Safest Banks" for 2009. BBVA
provides its customers around the world with a full range of
financial services, including commercial and wholesale banking,
retail banking services, consumer loans, mortgages, credit cards,
securities brokerage, wealth management, pension plan management
and insurance. The BBVA Group maintains a leadership position in
Spain, Mexico, Latin
America and the Sunbelt Region of the United States as well as operations in
China, France, Germany, Hong
Kong, Italy, Japan, Singapore, Switzerland, and the United Kingdom.
Editor's Note:
BBVA Compass is a trade name of Compass Bank. Compass Bank,
member FDIC
SOURCE BBVA Compass