LAREDO, Texas, Dec. 19, 2012 /PRNewswire/ -- BBVA Compass and BBVA Compass Foundation held a holiday reception Wednesday to express appreciation for the 20 community organizations they work with to build a better Laredo.
"At BBVA Compass, our mission is to work for a better future for all people and we couldn't do it without the help of these local organizations," said Susana Valencia, BBVA Compass Laredo city president. "It's hugely rewarding for us to see our donations being used to help provide financial education, food and housing assistance and other services to needy members of our community."
The bank's charitable arm, BBVA Compass Foundation, has provided donations in the last year to Habitat for Humanity, Junior Achievement, South Texas Food Bank, Casa Misericordia, Boys and Girls Clubs of Laredo, United Way, Juvenile Diabetes Research Foundation and Children's Advocacy Center of Laredo-Webb County.
About 200 people attended the festivities at the downtown Laredo BBVA Compass office.About BBVA Group BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico, and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. BBVA ranks among the leading eurozone banks in terms of return on equity and efficiency. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies best practices. More information about the BBVA Group can be found at www.bbva.com. About BBVA Compass BBVA Compass is a Sunbelt-based financial institution that operates 709 branches, including 368 in Texas, 93 in Alabama, 79 in Arizona, 65 in California, 45 in Florida, 38 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 (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and ranked third in American Banker's 2012 reputation study of the leading 30 banks in the U.S. Additional information about BBVA Compass can be found at www.bbvacompass.com. Editor's Note: BBVA Compass is a trade name of Compass Bank. SOURCE BBVA Compass