HOUSTON, Sept. 26, 2011 /PRNewswire/ -- The BBVA Compass
Foundation today announced a donation of $10,000 to the American Red Cross in response to
the wildfires that have raged across Texas. Also, BBVA Compass is making
limited-time offers available to customers in FEMA-designated
disaster counties, among them special loan and payment deferral
programs.
"Access to money for businesses and individuals is an important
part of the recovery process," said Manolo
Sanchez, BBVA U.S. country manager and president and CEO of
BBVA Compass. "As a member of the affected communities, we want to
be as responsive and flexible as possible."
In addition to the Red Cross donation, BBVA Compass is
implementing a disaster-relief program for individuals and small
businesses affected by the wildfires. Components of the program,
available in the affected areas through the end of the year,
include(1):
- Special rates and terms on consumer and small business
loans
- Deferred payments on existing consumer and small business loans
and credit cards
- Loan payment late fee forgiveness
- CD early withdrawal penalty waivers*
- Free replacement of debit and credit cards, with express
delivery
For more information on these offers, call 1-800-Compass
(1-800-266-7277) or visit our website at www.bbvacompass.com.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that
operates more than 712 branches including 374 in Texas, 93 in Alabama, 78 in Arizona, 65 in California, 45 in Florida, 36 in Colorado and 21 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 BBVA Compass Bancshares, Inc., a
wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a
financial services group with approximately $800 billion in total assets, 48 million clients,
7,400 branches and approximately 110,000 employees in more than 30
countries. BBVA ranks among the top 20 largest financial
institutions in the world based on market capitalization and 17th
in Global Finance magazine's list of the "World's 50 Safest
Banks" for 2011. 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.
Editor's note: BBVA Compass is the trade name of Compass Bank
and is a trademark of Compass Bancshares, Inc. Compass Bank,
Member FDIC.
(1) Restrictions and limitations may apply. See your local
banking center for details. All loans are subject to credit
approval. BBVA Compass is an Equal Housing Lender.
*Withdrawals occurring within seven days after the date of
deposit will be assessed the early withdrawal penalty.
SOURCE BBVA Compass