BBVA Compass Announces Matching Contribution to Assist With Haiti Earthquake Relief and Recovery

BBVA Compass branches will accept donations on behalf of the American Red Cross

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Jan 14, 2010, 06:00 ET

BIRMINGHAM, Ala., Jan. 14 /PRNewswire/ -- BBVA Compass announced today that its Foundation has pledged a donation of up to $100,000 to the American Red Cross Disaster Relief Fund to assist in the recovery efforts of those impacted by the recent earthquake in Haiti. BBVA Compass will match employee, customer and non-customer contributions to the relief effort dollar for dollar up to a maximum of $100,000.

"BBVA Compass and its employees stand with the earthquake victims throughout Haiti as well to the many families in the U.S. with ties to the country," said Jose Maria Garcia Meyer, BBVA Country Manager- U.S. and Chairman of BBVA Compass. "At BBVA Compass, we work for a better future for people and we know that our employees and customers in turn are passionate about helping those in need. We believe that working with the American Red Cross is the best way to provide immediate relief assistance to the people in need following such a catastrophic event."

Donations to the American Red Cross Disaster Relief Fund may be made in any of the more than 740 BBVA Compass banking centers. Customers and non-customers may make a check or money order payable for the amount they wish to donate to the American Red Cross. BBVA Compass will be accepting donations through January 30.

In addition to the matching contribution from BBVA Compass, business units throughout the global BBVA Group have been quick to express their dedication to supporting Haitian relief efforts. The BBVA Group has already committed more than $1.4 million that will be channeled through the International Red Cross and Doctors Without Borders organizations – which will be directed towards humanitarian aid projects and rebuilding schools. In addition, other BBVA business units around the world are accepting donations and contributing to the relief efforts in various ways.

ABOUT BBVA COMPASS

BBVA Compass is a Sunbelt-based financial institution that operates 748 branches including 401 in Texas, 92 in Alabama, 66 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 22 in New Mexico. BBVA Compass is the 15th largest U.S. commercial bank based on deposit market share and ranks among the largest banks in Texas (4th), Alabama (3rd) and Arizona (5th). 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 more than $785 billion in total assets, 48 million clients, 7,600 branches and approximately 105,000 employees in more than 30 countries. BBVA ranks among the top seven largest financial institutions in the world based on market capitalization and 20th in Global Finance magazine's list of the "World's 50 Safest Banks" for 2009. 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, and the United Kingdom.