1.5 star ratingAverage User Rating:
1.5 star rating based on 12 reviews.

BBVA Compass

BBVA Compass Locations
15 South 20th Street
Birmingham , AL 35233
1-800-266-7277
www.bbvacompass.com



BBVA Compass is headquartered in Birmingham and is the 2nd largest bank in the state of Alabama. It is also the 31st largest bank in the nation. It was established in 1964 and as of September of 2011, it had grown to 12,000 employees at 720 locations. BBVA Compass has a 4-star health rating.

Related Posts

Competitive 5-Year CD Rate at BBVA Compass in Several States - 2/7/2012

It has been a while since BBVA Compass has offered competitive CD rates. BBVA Compass currently has one CD rate that's competitive. It's a 5-year CD with a 2.00% APY. Minimum deposit is $5,000, and th ...

BBVA Compass Increases Fees and Cuts Features on its Checking Accounts - 9/5/2011

Early this year BBVA Compass added monthly fees to its Build-to-Order Checking. I reviewed these changes in January . It appears those new fees weren't enough for Compass. A reader just forwarded me a ...

New Monthly Service Charge For BBVA Compass Build-To-Order Checking Account (Forum) - 1/11/2011

I just received a letter from BBVA Compass informing me of the new monthly service fee that will take effect on my Build-to-Order Checking Account effective on the statement cycle that ends on or after February 15, 2011. It appears this fee applies to n

BBVA Compass Adds Monthly Fees to Build-to-Order Checking - 1/6/2011

BBVA Compass is the latest major bank that has added monthly maintenance fees to its checking accounts. A reader just notified me of the following message that's now in the small print of the Build-to ...

2010




See Rates for: Money Market | CD

BBVA Compass Money Market Rates

ApyMinMaxProduct
0.50%$100k$5mCompass Preferred Money Market Account

BBVA Compass CD Rates

ApyMinMaxProduct
2.00%$5k$1m60 Month CD
1.25%$5k$1m24 Month CD
1.25%$5k$1m48 Month CD
0.95%$5k$1m36 Month CD
0.65%$5k$1m18 Month CD
0.50%$5k$1m12 Month CD
0.40%$5k$1m9 Month CD
0.25%$5k$1m6 Month CD
0.15%$5k$1m1 Month CD
0.15%$5k$1m3 Month CD

Rates updated: 2/11/2012

Data for Q3 2011


Institution Statistics


Compass Bank
FDIC Certificate #19048
BankRate ReportView
Year Established1964
Employees12000
Primary RegulatorFED

Assets and Liabilities

Assets$64.46 billion
Loans$40.51 billion
Deposits$45.24 billion
Equity Capital$12.35 billion
Loan Loss Allowance$1.08 billion
Unbacked Noncurrent Loans$1.70 billion
Real Estate Owned$280.50 million

Historic Data - September 2010

Assets$64.28 billion
Equity Capital$12.64 billion
Loan Loss Allowance$1.16 billion
Unbacked Noncurrent Loans$1.80 billion
Real Estate Owned$385.48 million

Profit Margin - Quarterly

Net Interest Margin4.72%
Return on Assets0.47%
Return on Equity2.44%
Interest Income$2.00 billion

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 September 30, 2011 BBVA Compass had $1.98 billion in non-current loans and owned real-estate with $13.43 billion in equity and loan loss allowances on hand to cover it. This gives BBVA Compass a Texas Ratio of 14.75% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for BBVA Compass decreased slightly from 19.51% as of September 30, 2010 to 14.75% as of September 30, 2011, resulting in a positive change of 24.38%.This indicates that the balance sheet and financial strength for BBVA Compass has improved slightly in recent periods.
Deposit Growth3
In the past year, BBVA Compass has decreased its total deposits by -$189.46 million, resulting in -0.42% 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 average.
Capitalization5
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 $64.46 billion in assets with $13.43 billion in equity, resulting in a capitalization level of 20.84%, which is excellent.
Write Review

THIS BANK SUCKS!!!
1 stars - disbanksuck - Friday, October 22, 2010 - 6:09 PM

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

15

BBVA Unethical Practices!!!!
1 stars - BBVA_Steals - Saturday, August 20, 2011 - 12:41 PM

BBVA will steal your money with FEES.

5

Do NOT Use This Bank! Put Your Commercial Accounts Someplace Else.
1 stars - lyriae - Thursday, May 12, 2011 - 8:46 AM

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.

5

Compass Bank
1 stars - philstacy - Wednesday, June 16, 2010 - 8:05 AM

I called the credit card customer service to inquire how a large transaction would be classified on a rewards card. I asked to talk to a manager and still got the wrong information. This cost me a significant amount of money but they would never do anything about it. The rewards program is handled by another company who never seem to know anything so it is impossible to keep track of rewards or which transactions are classified as getting a higher reward. I do not trust this company and have ceased doing business with it forever.

5

Compass Bank Supports Cyber Thieves
1 stars - slob259 - Tuesday, December 27, 2011 - 6:05 PM

My plumbing business account was hijacked through Compass Banks data bases, drained down to zero, and the so called investigation determined that the charges were authorized... ARE YOU KIDDING ME?

This account was only used for very specific purchases, fuel & plumbing supplies only, and then all of the sudden charges from all over the country start popping up, movies, makeup, clothes, dating services, acne medications, Facebook, etc etc. I own a PLUMBING COMPANY IN COLORADO, somebody went on a wild shopping spree at my expense and Compass Bank says there is nothing they will do about it because the investigation has determined that the charges were authorized. Authorized by who? A 15 year old girl in Los Angeles?.

On top of that, they have the nerve to charge my account into the negative with there never ending fees, which they now expect me to pay, even after all the money was stolen & my account is zero. Save yourself alot of grief by closing your Compass Bank accounts ASAP, before they let cyber criminals steal it all.

4

$50 To ACH - Yes Really
1 stars - sjh13 - Thursday, May 5, 2011 - 9:55 PM

Compass is instituting a $50 "set up: fee to ACH out of any account (not just "commercial" according to a CSR I spoke with). Really......you've got to be kidding....is anyone really going to pay that!  Then, after the inital $50, they will charge $1/ACH....

4

DO NOT BANK AT BBVA COPASS!!!!!! HORIBLE CUST SERVICE !!!!!
1 stars - badam - Thursday, February 24, 2011 - 7:27 PM

DO NOT BANK HERE THIS BANK IS NO LONGER AN AMERICAN BANK !!!! SUPPORT AMERICA NOT SPAIN !!!! BAD CUST. SERVICE !!!!!HIGH BANK FEES ....IGNORANT PEOPLE WORKING FOR THIS BANK ...BAD BAD BAD BAD ...MY FIVE YEAR OLD COULD BANK BETTER THAN THESE PEOPLE!!!!!!!!!!!!!

4

Worst Bank EVER!!!!
1 stars - kmaples - Monday, January 23, 2012 - 3:04 PM

I have never been so disapponited in the ethics of a company.  Their fees are outragious.  They do not care about their customers at all.  They will not have my business any longer.  Be very aware that this bank will robb you in fees and they have no answers for why this is happening.

3

Run. Find A Different Bank.
1 stars - stephaniann6 - Monday, December 19, 2011 - 9:21 AM

Worst bank ever. I wish I had read the reviews before I signed on. They will take your money by any means necessary. I don't understand how their business practices aren't considered criminal and fraudulent. Awful customer service to boot. Everyone that works for this company has been drinking the same KoolAid. I don't know how any of them sleep at night.

3

The Worst Ever! PERIOD!!! If I Could Do Less Than 1 Star... I WOULD!
1 stars - kristin - Wednesday, September 21, 2011 - 2:02 PM

Terrible customer service. Horrid! I could go on and on and on! The will charge you NSF fees, without cause once your balance falls below a certain amount, then treat you as if you were a child. The will give you a reason for their charges, like pending VS posted... time transactions post... all of it is BS! I live and breathe by online banking. I am not a reckless spender. If something may, MAY make me go under a certain balance, I transfer money! Not rocket science! Oh, by the way... my own personal banker has told me on more than 1 occasion that She "does not agree with their banking practices" her words, not mine! I have direct deposit along with 2 savings acct. I LIVE by the available balance. I have been given the run around and cornered them in so many excuses, it is pathetic. If someone steals money from you, you would fight to get it back, right? This is very bad business! They are con artists to say the least.  I am disgusted! Oh, 1 more thing. If you do encounter 1 NSF fee, be assured you will have at least 4 or 5 more... why? Not 1 single person can tell me. NOT ONE! For EVERY excuse they offer, if you counter it... you will just be given some other half assed excuse. UNBELIEVABLE! I wouldn't recommend this institution to anyone... anytime! PERIOD!

3

Excellent Experience
5 stars - CHersh - Wednesday, November 24, 2010 - 9:54 AM

I have been banking with Compass for over 4 years now and have had nothing but positive experiences with them.  They have graciously removed an overdraft fee in the past when my account accidentally went in the red and all around have been very helpful when working with me.  I feel that my money is safe at Compass.

3

Compass Bought Guaranty Bank And Trashed A Great Bank!
1 stars - aka101 - Thursday, May 5, 2011 - 5:45 PM

I bank with numerous banks.  I have NEVER had the consistent problems with any company that I have ever dealt with before in my life.  Numerous charges for their mistakes that would take me WEEKS to fix.  (Including trying keep my excellent reputation in tact.) 

Totally deleting my statements and then CHARGING me to have paper ones sent to me.

Losing deposits and then not posting them to the correct accounts.

Customer service reps that say they will call back with information and NEVER call after repeat requests for follow up.

They are an absolute disaster!  We switched almost every account over to Wachovia (which has now been bought by Wells Fargo) and they have reminded me how incredibly easy it is to have professional people do their job with multiple accounts.

It's a shame Compass had to ruin Guaranty and force us to other banks.

 

2