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800-266-7277
15 South 20th Street
Birmingham, AL 35233

BBVA Compass is a large, Alabama-based bank that offers retail, small business, commercial, and wealth management banking products and services. The bank’s more than 10,000 employees serve its customers through branches located in states from the East to West coasts. The BBVA Compass name was formed when a bank holding company out of Spain, BBVA, acquired Compass Bancshares in 2007.

On its personal retail banking side, BBVA Compass offers checking, savings, Money Market, CD, and IRA accounts, as well as credit cards, mortgages, and auto loans on the personal lending side. Checking account options include an interest-bearing account, a second chance account, a basic account, and an NBA account. All but the NBA account come with a monthly service charge, and for the second chance account that charge cannot be waived. BBVA Compass’ basic savings account earns minimal interest and has a quarterly service charge unless a minimum daily balance requirement is met. The bank also features a customized savings account that will match transfers made into the account up to a certain percentage. Money Market accounts can be linked to a checking account to prevent overdrafts, and tiered interest rates provide incentives for account holders to increase their balances. Certificates of Deposit (CDs) are available in term lengths ranging from 7 days to 15 years and come with minimum initial deposit requirements. DepositAccounts.com has featured BBVA Compass in the past for different checking account bonuses, as well as competitive CD rates. Small business banking solutions include cash management and employee benefits services, in addition to specialty programs for attorney and health care organizations.

BBVA Compass online banking is free and provides a web-based banking platform on which customers can manage their accounts. Tasks like Quicken financial application integration, bill pay, account balance viewing, and funds transfer, can all be accomplished through the online system. Mobile banking is also available, as the bank has optimized its site to make it easy to use from mobile and tablet devices. Mobile apps make it even more convenient in easy to access and perform banking tasks while on the go, including remote deposit. Account holders can also use text and ATM banking for more simple, round-the-clock banking.

BBVA Compass is a subsidiary of BBVA Compass Bancshares, a bank holding company operating in the United States under the ownership of a foreign banking organization called Banco Bilbao Vizcaya Argentaria, which is headquartered in Spain. Compass Bank was established in 1964 as the Central Bank of Birmingham before changing its name in 1993. After it was acquired by BBVA, it merged the two names to create its current title. BBVA Compass Bank is headquartered in Birmingham, Alabama and serves its customers through numerous branches located throughout the United States.

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Competitive CD Rate Specials at BBVA Compass - 3/24/2014

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Kindle Fire HD Checking Account Bonus at BBVA Compass - 1/9/2014

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Competitive 5-Year CD Rate at BBVA Compass in Several States - 9/16/2013

The latest bank to raise its 5-year CD rate to 2% is BBVA Compass . On Friday it raised its 5-year CD rate from 1.25% to 2.00% APY. This is the only CD term that is competitive. Its shorter-term CD ra ...



THIS BANK SUCKS!!!

The workers are either ignorant or their computers are lame or I dnt know what the hell is wrong with this lame company. When I had a problem they say they can't do anything about the issue and tell you to contact some other idiots who apparently don't know anything about the issue when they are supposed to know, so they tell you to contact the same idiots you contacted before. So this goes on and on cuz they dnt give an F about the customer. They just care about the freakin money and getting richer. I feel sorry for the creators and managers of the BBVA compass stupid lame bank. I will leave this bank soon, which they will surely make it hard to do by offering me discounts or some king of rewards. Tragic T_T

BBVA COMPASS IS DECADES BEHIND ON TECHNOLOGY

As a former Bank Officer of this bank, I believe no person in the USA should have any dealings with this pathetic institution.  The internal and external technologies are gruesome!  20 years behind the times for customers and employees alike. They purchased thousands of Texas banks and them found out the reason they were for sale was because of BILLIONS of DOLLARS of failing loans.  The Mortgage Department is HORRIFIC. Employees won't even use the loan department because it is so ass-backwards and 90% of customers miss their closing dates. Since being purchased by BBVA in Spain, almost every American in a high level managerial position was "Early Retired" and a new manager from Spain was sent to the US.  If you do not have a Spanish/Mexican last name forget about getting a high level/high paying job.  When adding new management, they actually pass over candidates with higher education and experience for a bilingual candidate with a Spanish surname. They have a corporate matrix that shows the average hourly cost of each employee in each country they operate.  They compare the cost of US workers to those employees in India and Latin America and say the US workers are "Too Expensive" and have been cutting pay scales and benefits for years in the US. STAY AWAY FROM THIS RINKY DINK BANK!

Do NOT Use This Bank! Put Your Commercial Accounts Someplace Else.

This is the worst bank (if possible) for your company to use. If you like to pay 100's of dollars every month in bank fees for no reason, have your company's credit wrecked, deal with ever-changing policies that are made up on the spur of the moment and a credit card company that is apparently not part of the same company, this bank is for you. This bank and cc company, whatever it is, do not follow the US laws or regulations. You can't log in to the cc company account, you can't even get them to change your address without a huge deal that takes months to accomplish and requires a formal complaint. If you've already opened your commercial accounts here - RUN while you still can! This is the Hotel California of banks - it is in business only to steal your money and ruin your company. This site won't let me do less than a 1-star rating. Note there are no personal attacks in this posting - I am sure the employees are as unhappy as the customers.

Not For The 99%

I had my checking account with Guareentee bank since I was old enough to have one. They got bought out by this bank the same year I joined peace corps. I made the mistake of not paying attention to the increasing account fees partly out of ignorance, yes, but I had only monthly access to internet, and since I wasn't using it for 2 years it didn't cross my mind to check up on it. Needless to say I closed it angerly. $20 a month unless you are eligible for their waiver program, while I've been making $200 abroad, volunteering, a chunk of that has been taken from these thieves.

Please avoid this bank unless you have so much money, you qualify for get their waivers.

If I had a BBVA in the town I live in, I'd be handing out pamphlets to people, educating them on the reasons not to bank there.

This bank is NOT for the 99%.

VIEW MORE REVIEWS

Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 BBVA Compass had $505.78 million in non-current loans and owned real-estate with $11.96 billion in equity and loan loss allowances on hand to cover it. This gives BBVA Compass a Texas Ratio of 4.23% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for BBVA Compass decreased dramatically from 7.51% as of December 31, 2012 to 4.23% as of December 31, 2013, resulting in a positive change of 43.68%.This indicates that the balance sheet and financial strength for BBVA Compass has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, BBVA Compass has increased its total deposits by $2.78 billion, resulting in 5.37% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth BBVA Compass has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. BBVA Compass has $71.74 billion in assets with $11.96 billion in equity, resulting in a capitalization level of 16.67%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #19048
Year Established1964
Employees10422
Primary RegulatorFED
Assets and Liabilities
Assets$71.74 billion
Loans$50.11 billion
Deposits$54.59 billion
Equity Capital$11.25 billion
Loan Loss Allowance$700.72 million
Unbacked Noncurrent Loans$486.67 million
Real Estate Owned$19.12 million
Historic Data - December 2012
Assets$69.08 billion
Equity Capital$10.91 billion
Loan Loss Allowance$802.85 million
Unbacked Noncurrent Loans$486.67 million
Real Estate Owned$45.01 million
Profit Margin - Quarterly
Net Interest Margin3.43%
Return on Assets0.62%
Return on Equity3.9%
Interest Income$2.33 billion
Rates

Always verify rates and promotions with the bank or credit union. We are not BBVA Compass, we are a rate comparison website and can not provide official rates or promotions.

BBVA Compass Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--BBVA Compass ClearChoice Savings
0.05%--Build My Savings
0.05%--ClearConnect Savings

BBVA Compass Money Market Rates

DetailsAPYMINMAXPRODUCT
0.50%$100k$5mBBVA Compass ClearChoice Money Market Account

BBVA Compass Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$75k-BBVA Compass ClearChoice Premium Checking Account

BBVA Compass CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$500$1m60 Month CD
1.25%$500$1m29 Month CD
1.25%$500$1m60 Month Featured CD
1.15%$500$1m18 Month CD
1.15%$500$1m29 Month Featured CD
1.05%$500$1m48 Month CD
0.95%$500$1m36 Month CD
0.45%$500$1m12 Month CD
0.45%$500$1m12 Month Featured CD
0.30%$500$1m9 Month CD
0.20%$500$1m6 Month CD
0.10%$500$1m1 Month CD
0.10%$500$1m3 Month CD
Locations

BBVA Compass has 693 locations. Click to view all BBVA Compass locations.