HOUSTON, March 11, 2019 /PRNewswire/ -- For the second time within a month, GOBankingRates has recognized BBVA Compass, this time highlighting its second chance checking account as one of the top in the U.S. The list includes 16 banks across the country, with BBVA Compass being the second largest bank recognized in terms of assets.
GOBankingRates named the BBVA Compass Easy Checking product as one of the top in the nation due to its complimentary Visa debit card that's set up with BBVA Wallet, among other reasons. The website had previously named BBVA Compass as one of the 10 Best National Banks in February.
"Second-chance checking accounts could be the ticket to rebuilding your account history with a reputable bank or financial institution," according to the article. "Get yourself on a healthier financial track with a BBVA Compass Easy Checking account."
The article also highlights the product's functions such as unlimited check-writing privileges, free withdrawal from BBVA Compass ATM locations and transaction alerts from BBVA Wallet. BBVA Compass Easy Checking account customers can also request to upgrade to Free Checking after a year of positive activity on the second chance product, if the account is active and has a positive balance at the time of request.
"Some of our customers have either no credit history or have low credit scores," said BBVA Compass Head of Retail Banking Çağrı Süzer. "We created a second chance checking account to help them begin their financial journey in a simple and convenient way. This product is one of the various ways BBVA Compass is creating opportunities for the communities it calls home. We're honored to be included on this very short list of U.S. banks."
In the most recent months, BBVA and its subsidiaries have seen solid recognition from different publications besides GOBankingRates' duo of honors. Just last week, Forbes included BBVA Compass in its inaugural World's Best Banks list, earning a place among 60 ranked U.S. banks out of approximately 6,000 competitors across the country. In addition, BBVA Bancomer and BBVA found places on Forbes' inaugural list, placing first in Mexico and seventh in Spain, respectively.
Also, the BBVA Group was the only Spanish bank ranked in the Fortune 2019 annual 'megabank' list, which distinguishes it as one of the "World's Most Admired" financial institutions. It was the fourth consecutive year the Group is included in this exclusive ranking.
To learn more about BBVA Compass, visit: www.bbvacompass.com
About BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States; and it is also the leading shareholder in Garanti, Turkey's biggest bank for market capitalization. Its diversified business is focused on high-growth markets and it 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. More information about BBVA Group can be found at bbva.com.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 644 branches, including 331 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. 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 (6th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018. Additional information about BBVA Compass can be found under the Investor Relations tab at bbvacompass.com. For more BBVA Compass news, follow @BBVACompassNews on Twitter, visit newsroom.bbvacompass.com, or visit bbva.com.
SOURCE BBVA Compass