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July 03, 2015 5:25 PM ET

Banks

Company Overview of Compass Bank

Company Overview

Compass Bank, doing business as BBVA Compass, operates as a commercial bank that provides banking products and services to individuals and businesses. It offers checking and savings accounts, money market accounts, certificates of deposit accounts, and individual retirement accounts; auto loans, home equity lines, home equity loans, lines of credit options, personal installment loans, commercial real estate loans, small business administration loans, overdraft protection lines of credit options, business equity lines of credit options, and term loans; and credit cards, check cards, prepaid cards, and Visa payroll cards. The company also provides services in the areas of overdraft payment pro...

15 South 20th Street

Suite 801

Birmingham, AL 35233

United States

Founded in 1964

Phone:

205-297-3584

Fax:

205-297-7363

Key Executives for Compass Bank

Chairman, Chief Executive Officer, President, Chief Executive Officer of Compass Bancshares, Inc and President of Compass Bancshares, Inc
Chief Financial Officer and Corporate Controller
Chief Operating Officer
Chief Executive Officer of Houston
Chief Executive Officer of Birmingham Market
Compensation as of Fiscal Year 2015.

Compass Bank Key Developments

BBVA Compass Announces Executive Changes

BBVA Compass announced that Rosilyn Houston has been tapped as its new chief Talent & Culture executive, replacing banking veteran Jim Heslop, who is retiring after 40 years of distinguished service. Houston most recently served as the bank's regional executive of North Texas, leading the Consumer and Commercial Bank. She began her career in banking nearly 30 years ago as a part-time teller and later advanced to key leadership roles at the district and regional levels. She will be a member of the bank's management committee, reporting to Chairman and CEO Manolo Sanchez. Houston will take over the Talent & Culture unit, formerly known as Human Resources, where she'll be responsible for providing leadership in recruitment and staffing; compensation and benefits; real estate; loss prevention, investigation and physical security; employee engagement, commitment and retention; payroll administration; and compliance with all employment-related legal and governmental regulations and requirements. She officially assumes the role on July 1, 2015. She was named the bank's North Texas regional executive for Consumer and Commercial Banking in November. Prior to that role, she led retail banking operations for BBVA Compass' Eastern Region, which covered Alabama and Florida and more than 1,000 employees. South Texas Regional Banking Jeff Executive Jeff Dudderar will now assume Houston's responsibilities in the North Texas region. Dudderar joined BBVA Compass in 2010 as its South Texas region executive for Commercial Banking. Before coming to BBVA Compass, Dudderar was with Huntington Bank in Columbus, Ohio, where he held multiple positions, including market manager, business banking sales director and credit risk manager.

BBVA Compass Announces Executive Changes

BBVA Compass announced that Kirk Pressley will become its new chief financial officer after Angel Reglero leaves the post to help lead a newly created Spain unit of parent company BBVA. Pressley currently serves as corporate controller for BBVA Compass, a role he's held since 2003. He leads the bank's accounting unit, its U.S. Securities and Exchange Commission reporting, other regulatory filings and Sarbanes-Oxley Act compliance.

Compass Bank Closes $700 Million Subordinated Notes Offers to Mature on April 10, 2025

BBVA Compass Bancshares Inc. announced that its wholly-owned subsidiary Compass Bank has closed the sale of $700 million in aggregate principal amount of its 3.875% unsecured subordinated notes. The Subordinated Notes were sold at a price of 99.019% of par. The Subordinated Notes will mature on April 10, 2025 and will bear interest at a rate of 3.875% per annum, payable semi-annually in arrears on April 10 and October 10 of each year, beginning on October 10, 2015. The company intends to use the proceeds of the offering for general corporate purposes and as a source of diversification of its funding base.

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