Montgomery Tapped to Lead Commercial Banking Activities in Houston

HOUSTON, April 14 /PRNewswire/ -- BBVA Compass recently announced that Mark W. Montgomery has been appointed Houston City President for the bank's Commercial Banking unit. Montgomery assumed the position from Jim Recer, who became Director of Asset Recovery Management and Solutions.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100414/DA86433)

As Houston City President, Montgomery is responsible for Commercial Banking, Large Middle Market, Commercial Real Estate and Residential Real Estate.  In addition to those responsibilities, Montgomery also assumes the role of Chairman of the bank's Houston Advisory Board of Directors.    

"Mark's performance as Manager of the Houston Commercial Banking Group for BBVA Compass has been stellar," said Rafael Bustillo, executive vice president and head of Corporate Banking. "With the expertise and knowledge of the market that he has honed in his 25 years in banking, Mark was a natural selection to lead our team in Houston. I look forward to seeing our presence in the Houston market continue to grow under his leadership as we work together to provide industry leading products and services."

Prior to joining BBVA Compass in August of 2008, Montgomery served in line and leadership capacities in Commercial Banking at Bank of America.  Most recently, Montgomery was Sales Performance Executive for the Midwest and Southwest Region, which included integrating the business processes related to sales for the recently acquired La Salle Bank.  All told, Montgomery has over 25 years of banking experience, having begun his career at Allied Bank in Houston in 1984.  

A native of Texas, Montgomery graduated from the University of Texas, Austin and is active in many civic activities including serving on the Advisory Boards for Rice Alliance and Center for Leadership Development at the College of Biblical Studies.  

Montgomery resides in Houston and is married with three children.  

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 Texas (4th), Alabama (3rd) and Arizona (5th). 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 $785 billion in total assets, 48 million clients, 7,600 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 and a trademark of Compass Bancshares, Inc.

SOURCE BBVA Compass

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