BBVA Compass bank is a commercial bank that is ranked among the top 20 largest banking franchises in the United States, based on deposit market share and market capitalization. It was also ranked at #21 in Global Finance magazine's list of "World's 50 Safest Banks" in 2010. BBVA Compass boasts 716 branches and operations throughout the Sunbelt Region; there are branches in California, Texas, Colorado, Alabama, Florida, Arizona and New Mexico. Among its many accolades, BBVA Compass bank is in receipt of the coveted Small Business Administration's (SBA) award of recognition, the 'Lender of the Year' honor, for both 2009 and 2010.
BBVA Compass conducts its business under three main divisions, or business units, Wealth Management, Corporate Banking and, of course, Retail Banking. With its primary focus on being able to provide its clients with specialized financial solutions that fit both their lives and financial goals, BBVA Compass customers are treated to unique and industry-leading products and services. The list of products and services available to average consumers include mortgage loans, credit cards, home equity lines-of-credit and loans, consumer loans, mutual funds, annuities, financial counseling, securities brokering and wealth management. Commercial clients that do banking with BBVA Compass bank can enjoy access to wholesale banking, commercial banking, merchant processing, retail banking services, treasury management, Small Business Administration loans, pension plan management and insurance.
BBVA Compass bank is categorized as a financial services group with over $740 billion in assets. It also employs over 107,000 employees over a span of 30 countries worldwide, operates 7,400 branches and has a clientele list that has already reached 47 million. In addition, it holds a leadership position along the Sunbelt Region in the United States and also in Spain, Mexico and Latin America. Operations are currently found in Japan, China, Italy, Singapore, Germany, France and the United Kingdom, among others.