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April 18, 2015 3:23 AM 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
Chief Operating Officer
Chief Executive Officer of Houston
Chief Executive Officer of Birmingham Market
Compensation as of Fiscal Year 2014.

Compass Bank Key Developments

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.

BBVA Compass Appoints Four New Members to its Tampa Advisory Board

BBVA Compass has added four new members to its Tampa, Fla., advisory board to support its business and development efforts in the area. The new members are: Bradley Salzer, president of Redstone Funding LLC. Salzer has 29 years of experience as a real estate professional, specializing in the acquisition and servicing of commercial real estate loans. Richard Huckaby, a member of Warren Averett LLC. Huckaby is primarily responsible for tax compliance and consulting for a broad range of companies. Robert Moreyra, co-founder of Forge Capital Partners. Michael Seton, president and chief investment officer of Carter Validus Advisors LLC. He has more than 20 years of real estate finance and investment finance experience.

BBVA Compass Announces Relocation of Beaumont Corporate Offices

BBVA Compass has relocated its Beaumont corporate offices to downtown. BBVA Compass moved into the space at 700 Calder Ave. at the end of 2014 after the two-story structure underwent a complete renovation. The bank's building, which sits squarely at the main entrance of downtown, is another example of the effort to make the city's core a better place to live and work.

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