BBVA Compass Appoints Tom Tuter Market President for Northern California
Posted on September 13, 2011 at 14:51 PM EDT
SACRAMENTO, Calif., Sept. 13, 2011 /PRNewswire/ -- BBVA Compass announced today that Tom Tuter has been appointed to market president for Northern California, focusing on Sacramento, Walnut Creek and the Upper Central Valley region. Tuter will direct all commercial banking and specialty group activities for the bank while working to expand its corporate banking relationships in the region. He will also coordinate efforts with the bank's Real Estate group and Retail and Wealth Management lines of business.
"Tom is a fifth-generation Sacramento native and longtime banker in the area, coming to us from Bank of America," said Rafael Bustillo, BBVA Compass senior executive vice president and head of Commercial Banking. "With Tom's track record of proven success in Northern California, we're confident he will be an important component to BBVA Compass' growth objectives in the Sunbelt and across California. We are excited to welcome him to the BBVA Compass team."
Tuter assumes the role of market president for BBVA Compass after serving 10 of his 15 year banking career in commercial banking at Bank of America. In that role he was responsible for managing large corporate accounts with revenues exceeding $1 billion in the Central Valley region. Tuter also previously worked for GE Capital in the Commercial Finance Group where he originated large corporate and commercial accounts across Northern California.
Tuter received his Bachelor of Science degree from the University of California at Berkeley Haas School of Business. His civic duties include service on the Board of Directors and the Finance Committee for the Greater Sacramento Area Ronald McDonald House Charities.
Tuter and wife Heather live in Sacramento with their two children, William and Luke.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that operates more than 712 branches including 374 in Texas, 93 in Alabama, 78 in Arizona, 65 in California, 45 in Florida, 36 in Colorado and 21 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 BBVA Compass Bancshares, Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a financial services group with approximately $800 billion in total assets, 48 million clients, 7,400 branches and approximately 110,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 17th in Global Finance magazine's list of the "World's 50 Safest Banks" for 2011. 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.
BBVA Compass is a trade name of Compass Bank.
SOURCE BBVA Compass
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