March Recap: BBVA Compass creates local, community and consumer opportunities

HOUSTON, April 24, 2018 /PRNewswire/ -- On its global media platform, bbva.com, BBVA Compass published a series of consumer-related articles, including insights about loans that supported the multi-state launch of its digital personal loan service, BBVA Compass Express Personal Loan. The launch of the new BBVA Compass Rewards Card was also top consumer-related news in March.

Other articles published on bbva.com reflected the bank's ongoing efforts and commitment to being an engine of opportunity locally and within its communities, including its $2.8 million investment to lift up New Mexico's underserved communities.

Creating opportunities for consumers

BBVA Compass Express Personal Loan goes digital, opens to consumers in multiple states
With the BBVA Compass Express Personal Loan, customers and non-customers in the majority of the bank's footprint can digitally apply for an unsecured personal loan and in the process, obtain near instant decisioning and potential same day funding.

BBVA Compass launches new BBVA Compass Rewards Card
With no annual fee or rewards cap, the recently launched BBVA Compass Rewards Card offers cardholders the ability to earn up to 2% in rewards for every dollar spent across all credit card categories.

Financial regulatory reform bill passes Senate, heads to House
In March, the financial regulatory reform bill (S.2155) passed through the Senate and moved to the House. The bill includes the MOBILE Act, an idea originally conceived in BBVA Compass' Legal Department aimed at helping the underserved and unbanked gain access to mainstream financial services.

Banking with mobile and winning
As a participant of BBVA Compass' Sign In & Win Sweepstakes, Birmingham-area customer David Everett was announced as the grand prize winner and awarded $10,000 simply for making a mobile deposit via the BBVA Compass Mobile Banking App.

He ordered up an easy personal loan: He got one
Locust Fork, Ala. resident Kevin Cox was BBVA Compass Express Personal Loan's first digital customer, starting and completing his journey from application to funding in fewer than 13 hours.

What an installment loan is and how to get one
In this article, BBVA Compass Executive Director of Consumer Lending Shayan Khwaja broke down the definition of an installment loan and shared advice on how to obtain one.

Installment loans versus revolving loans
BBVA Compass outlined the fundamental differences between an installment loan and a revolving loan for consumers looking to obtain credit.

Understanding payday loans versus personal loans
On the surface, personal loans and payday loans may sound similar, but they can differ — including variations in approval and funding timing, credit requirements, loan terms and interest rates.

Flashback Friday: A huge opportunity in the U.S.
As part of its Flashback Friday series, BBVA Compass recapped the interview that took place shortly after Onur Genç took the reigns as BBVA Compass CEO and country manager in January 2017. Genç sat down with BBVA CEO Carlos Torres Vila to discuss the bank's commitment to the U.S., stating "we are people serving people."

Making sure your assets are safe throughout your life and after
BBVA Compass Head of Asset Management and Trust Maria Holmes offered a few tips for people looking to secure their assets in this life and after.

Remote Deposit Online is a lucky find for small business owners
As with consumers, BBVA Compass continues to create opportunities for small business owners. BBVA Compass spotlighted its Remote Deposit Online service, which gives enterprises the ability to digitally deposit checks quickly and securely.

Creating opportunities locally/within communities

BBVA Compass invests $2.8 million to lift up New Mexico's underserved communities
BBVA Compass assembled Albuquerque leaders to celebrate the bank's $2.8 million in equity equivalent investments in Homewise and the New Mexico Community Development Loan Fund, two organizations dedicated to creating opportunities for low- to moderate-income families in the city.

BBVA Compass gathers Dallas to celebrate Café Momentum, help launch its next growth phase
BBVA Compass clients and Dallas community leaders gathered at Café Momentum, where former juvenile offenders who power the local restaurant gave guests a firsthand look at the ambitious venture of founder Chad Houser, last year's $50,000 winner of the bank's accelerator program for social entrepreneurs, BBVA Momentum.

The stars - and the food - shine in L.A. during Oscars weekend
As a co-sponsor, BBVA Compass brought its brand ambassadors, the Roca Brothers of the Michelin three-star restaurant El Celler de Can Roca, to design and prepare dinner for the Academy Awards Viewing Party, an event where raised funds benefited the Elton John AIDS Foundation.

Los Angeles-based food blogger wins BBVA Compass Student Chef Experience as part of All-Star Chef Classic
Los Angeles-based food blogger Veronica Hendrix won the BBVA Compass Student Chef Experience Sweepstakes as part of L.A. LIVE's All-Star Chef Classic, getting a rare opportunity of an in-kitchen experience with top culinary mind Chef Jamie Bissonnette.

BBVA Compass boosts its San Diego commercial banking office with three new relationship managers
BBVA Compass boosted its San Diego commercial banking team with three new relationship managers, a move that reflects the bank's strong focus on creating opportunities and building its brand in California.

Houston Dash tie in 2018 season opener at BBVA Compass Stadium
The Houston Dash kicked off their 2018 season at BBVA Compass Stadium on Sunday, March 25, marking the beginning of the soccer team's fifth season in existence. BBVA Compass clients had a winning experience with perks, compliments of BBVA Compass.

New Houston Dynamo season yields new opportunities for BBVA Compass clients
BBVA Compass has created opportunities for BBVA Compass clients to enjoy the new Houston Dynamo season through a variety of perks, including complimentary parking and VIP admission for BBVA Compass clients.

To learn more about BBVA Compass, visit: www.bbvacompass.com

For more news visit: www.bbva.com and newsroom.bbvacompass.com

About BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States; and it is also the leading shareholder in Garanti, Turkey's biggest bank for market capitalization. Its diversified business is focused on high-growth markets and it relies on technology as a key sustainable competitive advantage. 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 the best practices. More information about BBVA Group can be found at bbva.com.

About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 649 branches, including 336 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. Additional information about BBVA Compass can be found at www.bbvacompass.com. For more BBVA Compass news, follow @BBVACompassNews on Twitter or visit newsroom.bbvacompass.com.

SOURCE BBVA Compass

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