HOUSTON, June 1, 2012 /PRNewswire/-- BBVA Compass received a 2011 Community Service Leadership Award from the Financial Services Roundtable at a Wednesday evening reception in Washington D.C.
The bank was one of 21 businesses awarded the honor, which recognizes member companies for their commitment to community service and volunteerism. Companies are judged on various criteria, including the depth and breadth of employee involvement, commitment at the executive level, and their efforts to improve financial literacy and serve people in need.
"BBVA Compass employees work tirelessly to improve the communities where we operate, and we're very proud of their efforts," said Manolo Sanchez, BBVA Compass president and CEO and chairman of the Financial Services Roundtable's Community Service initiative. "This award shines a much-deserved spotlight on what we do."
This was the third consecutive year BBVA Compass was recognized by the group for its community involvement efforts, which include financial education and childhood literacy programs, and the Team. Works. in Schools revitalization projects conducted with NBA Cares. In 2011, 2,895 bank employees participated in these volunteer programs, which served nearly 569,000 people through 13,700 projects across the bank's footprint.
The Financial Services Roundtable represents 100 of the largest integrated financial services companies that provide banking, insurance and investment products and services.
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About BBVA Group
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 to high-growth markets and relies on technology as a key sustainable competitive advantage. BBVA ranks among the leading eurozone banks in terms of ROE and efficiency. 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.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates more than 710 branches, including 371 in Texas, 93 in Alabama, 78 in Arizona, 65 in California, 45 in Florida, 37 in Colorado and 21 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 (5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and was named retail bank "Brand of the Year" by a Harris Poll EquiTrend® study in 2011. Additional information concerning BBVA Compass can be found on our website, www.bbvacompass.com.
Editor's Note: BBVA Compass is a trade name of Compass Bank. Compass Bank, member FDIC.
SOURCE BBVA Compass