BIRMINGHAM, Ala., May 12, 2011 /PRNewswire/ -- BBVA Compass has
implemented a special disaster relief program for both individuals
and businesses impacted by the April
27 tornadoes. The program offers new loan options with
special rates and discounts to help get residents and businesses
the funds they need to begin recovering from the tornadoes as
quickly and painlessly as possible.
The special products are available to those who live in counties
the Federal Emergency Management Agency as designated as disaster
areas.
Components of the program include:
- Discounted rates on consumer and small business loans
- Deferred payments on existing consumer and small business
loans, lines and credit cards
- Loan payment late fee forgiveness
- Penalty-free CD withdrawals
All BBVA Compass banking centers are now open for business. For
more information on these offers, those in need can visit a branch,
call 1-800-Compass (1-800-266-7277) or visit www.bbvacompass.com
and click on the Aid Alabama icon on the homepage.
In addition, the BBVA Compass Foundation had made a $500,000 donation to the American Red Cross with
all the funds to be allocated for Alabama Relief Efforts. And all
716 BBVA Compass banking center locations are accepting donations
to the American Red Cross Disaster Relief fund. Donations can be
made in person or online at www.bbvacompass.com.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that
operates more than 716 branches including 380 in Texas, 93 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass ranks among the top
20 largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). BBVA Compass has been
recognized as one of the nation's leading Small Business
Administration (SBA) lenders, earning 'Lender of the Year' honors
in 2009 and 2010. 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 approximately $740 billion in total assets, 47 million clients,
7,400 branches and approximately 107,000 employees in more than 30
countries. BBVA ranks among the top 20 largest financial
institutions in the world based on market capitalization and 21st
in Global Finance magazine's list of the "World's 50 Safest
Banks" for 2010. 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, Turkey, and the United Kingdom. More information about the
BBVA Group can be found at www.bbva.com.
SOURCE BBVA Compass