Sept. 26, 2011
/PRNewswire/ -- The BBVA Compass Foundation today announced a donation of
to the American Red Cross in response to the wildfires that have raged across
. 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
, 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
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that operates more than 712 branches including 374 in
, 93 in
, 78 in
, 65 in
, 45 in
, 36 in
and 21 in
. BBVA Compass ranks among the top 20 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in
(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
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
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
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
and the Sunbelt Region of
the United States
, as well as operations in
, and the
. More information about the BBVA Group can be found at
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