BBVA Compass Announces $500,000 Donation to American Red Cross to Assist in Tornado Recovery Efforts
Posted on April 28, 2011 at 20:30 PM EDT
BBVA Compass Mobile ATM deployed to Tuscaloosa to provide victims access to funds
BIRMINGHAM, Ala., April 28, 2011 /PRNewswire/ -- BBVA Compass announced today that the BBVA Compass Foundation has pledged a $500,000 donation to the American Red Cross Disaster Relief Fund to assist in the tornado recovery efforts in Alabama. In addition to the monetary donation, BBVA Compass earlier today deployed its BBVA Compass Mobile ATM to Tuscaloosa to help provide victims access to funds. Access to the Mobile ATM is free for both BBVA Compass customers as well as non-customers.
"We are deeply saddened by the devastation that these horrific storms has had on the individuals and communities we serve throughout Alabama," said Manolo Sanchez, BBVA U.S. Country Manager and President and CEO of BBVA Compass. "It is critical in times like this that we assist in providing readily available access to resources and funds to begin the rebuilding process as quickly as possible. As an organization that is committed to building a better future for people, BBVA Compass and its employees are passionate about helping those impacted maintain a financial balance while working through the hardships this disaster has created."
For those wishing to assist the American Red Cross in their relief efforts, donations will be accepted at any of the 716 BBVA Compass branch locations throughout its seven-state Sunbelt footprint. Checks or money orders should be made payable to the American Red Cross Disaster Relief Fund.
BBVA Compass has also committed to a disaster relief program to assist individuals and business impacted by the devastating tornadoes. Additional information concerning this program will be made available on our website at www.bbvacompass.com
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that operates more than 716 branches including 380 in Texas, 93 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 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 (3rd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the nation's leading Small Business Administration (SBA) lenders, earning 'Lender of the Year' honors in 2009 and 2010. 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 approximately $740 billion in total assets, 47 million clients, 7,400 branches and approximately 107,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 21st in Global Finance magazine's list of the "World's 50 Safest Banks" for 2010. 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, Turkey, and the United Kingdom. More information about the BBVA Group can be found at www.bbva.com.
Editor's note: BBVA Compass is the trade name of Compass Bank and is a trademark of Compass Bancshares, Inc. Compass Bank, member FDIC.
SOURCE BBVA Compass
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