BBVA Compass Offers Disaster Relief Program for Areas Impacted By Gulf Oil Spill

BIRMINGHAM, Ala., July 19 /PRNewswire-FirstCall/ -- BBVA Compass announced today that it has extended a disaster relief program to help assist the residents of Alabama and Florida counties affected by the Gulf Oil Spill. Effective immediately, BBVA Compass is offering new and existing consumer and small business customers a variety of special financial options to provide relief during this unexpected event.

"As an integral member of the communities along the Gulf Coast, we believe it is important for BBVA Compass employees in these areas to be able to offer solutions to assist those who have been impacted by the Gulf Oil Spill," said Manolo Sanchez, BBVA Compass president and CEO. "At BBVA Compass, we work for a better future for people and we know that our employees in turn are passionate about helping those in need. We believe our disaster relief program offers individuals and small businesses ways to maintain a financial balance while working through the hardships this disaster has created."

BBVA Compass has committed to a disaster relief program for individuals and small businesses that include:

• Penalty-free CD withdrawals
• Deferred payments on existing small business and consumer loans and credit cards
• Special Rates and terms on small business and consumer loans
• Loan payment late fee forgiveness

BBVA Compass has more than 28 banking centers serving the Gulf Coast in Alabama and Florida. More information on these special offers can be found by visiting www.bbvacompass.com or by calling 1-800-Compass (1-800-266-7277).

ABOUT BBVA COMPASS

BBVA Compass is a Sunbelt-based financial institution that operates 724 branches including 387 in Texas, 92 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 22 in New Mexico. BBVA Compass is the 15th largest U.S. commercial bank based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). For the second consecutive year, BBVA Compass was named as a "Lender of the Year" by the Small Business Administration (SBA). 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 more than $765 billion in total assets, 48 million clients, 7,500 branches and approximately 104,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 20th in Global Finance magazine's list of the "World's 50 Safest Banks" for 2009. 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, and the United Kingdom.

Editor's Note:

BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC

SOURCE BBVA Compass

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED