BBVA Compass Bank is one among the 25 largest banks in the US. It is an Alabama based bank with headquarters in Birmingham. However, the bank has maximum number of branches in Texas, which is a result of its acquisition of Guaranty Bank of Austin in 2009. The total number of BBVA Compass Bank locations in the country is 720, with major concentration of branches in Texas, Alabama, Arizona, California, Florida, Colorado, and New Mexico. The bank became a wholly-owned subsidiary of Spain’s second largest bank Banco Bilbao Vizcaya Argentaria (BBVA) in 2007.
BBVA Compass Bank’s core service areas include wealth management and specialized banking for individuals, small businesses and commercial institutions. Through its personal banking division, the bank has to offer Checking & Savings account, Credit Cards, Mortgages, and Lending and Investment solutions. The checking and savings account at the bank allows you to avail benefits like overdraft protection, check cards, prepaid cards, CDs, and IRAs. ClearPoints and Visa Signature credit cards are the two most popular types of credit card solutions here.
The lending division of BBVA Compass Bank offers an array of personal finance solutions that include home equity loans & lines of credit, home improvement loans, auto loans, student loans, and loan payment assistance. Other services for individuals include Money Savings Programs, Wealth Management, Insurance, Bank Owned Properties, and Personal Investments. Moreover, one can avail online banking and mobile banking for most services provided here. ATM Banking and International Money Transfers are also possible here. Correct routing number is required for the online money transfer across branches in the country.
|Bank Name||Compass Bank|
|Year of Establishment||03-02-64|
|FDIC Insured Since||03-02-64|
|FDIC Certificate No||19048|
|Number of Branches||676 domestic + 1 foreign|
|Number of ATMs|
|Number of Employees||10,031|
|Number of States Served||7 States|
|Services Offered (Available Accounts)||Checking, Savings, CDs, Debit Cards, Credit Cards, IRAs, Gift Cards|
|Mobile and Online Banking||Bill Pay, Account Balance, Transaction History, Fund Transfer|
|Assets (Dec 31, 2015)||85,426,845|
|Deposits (Dec 31, 2015)||73,324,915|
|Equity Capital (Dec 31, 2015)||12,101,930|
|Net Income (Dec 31, 2015)||222,525|
|Primary Federal Regulator||Federal Reserve Board (FRB)|
|Address||15 South 20th Street, Birmingham, AL 35233|
(Courtesy: FDIC as on Dec 31, 2015)