BBVA Compass offers special products for wildfire victims

- Bank offering limited-time offers to consumer and small business clients

- Product offers designed to help recovery efforts in California

Aug 07, 2015, 15:02 ET from BBVA Compass

HOUSTON, Aug. 7, 2015 /PRNewswire/ -- BBVA Compass today announced special limited-time product offers available to customers in 15 counties in California to help aid recovery efforts in response to the wildfires that have raged across the state.  

"As our communities begin to rebuild in California, we want to be as responsive as possible, and it is our hope that these special products will help ease some of the financial burden that our customers may be experiencing as a result of the wildfires," said BBVA Compass West Region Consumer & Commercial Banking Executive Jeff Talpas.

BBVA Compass is making limited-time offers available to consumer and small business clients, among them special loan and payment deferral programs, waived late fees and penalty-free CD withdrawals. The offers are available in the counties designated by Gov. Jerry Brown in his emergency proclamation, including Butte, El Dorado, Humboldt, Lake, Madera, Napa, Nevada, Sacramento, San Bernardino, San Diego, Shasta, Solano, Tulare, Tuolumne and Yolo.

Components of the disaster-relief program, available in the affected areas, include:

  • Special rates and terms on consumer and small business loans
  • Discounted rates on auto loans
  • Deferred payments on existing consumer and small business loans and credit cards
  • Waived late fees
  • Penalty-free CD withdrawals

For more information on these offers, those affected should contact their local BBVA Compass branch.

Applications for the limited-time offers may be submitted through Oct. 5. All loans and lines of credit are subject to approval, including credit approval.

About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at www.bbva.com.

About BBVA Compass BBVA Compass is a Sunbelt-based financial institution that operates 672 branches, including 341 in Texas, 89 in Alabama, 77 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico, and commercial and private client offices throughout the U.S. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration, and its mobile app recently earned the Mobile Banking Leader in Functionality Award for the second consecutive year from Javelin Strategy & Research. Additional information about BBVA Compass can be found at www.bbvacompass.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com

Editor's Note: BBVA Compass is a trade name of Compass Bank.

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SOURCE BBVA Compass



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