- Compass Bancshares
Infobox Company | company_name = Compass Bancshares, Inc.
company_
company_type =Subsidiary
company_slogan = Just a little better."'
foundation =1964
location =Birmingham, Alabama , USA
key_people =
industry =Finance
products =Financial Services
revenue = profit$2.6 BillionUSD (2006 )
num_employees = 8,808
owner = BBVA
homepage = [http://www.compassbank.com/ http://www.compassbank.com/]Compass Bancshares, Inc., is a company headquartered in
Birmingham, Alabama . Its subsidiary, Compass Bank, is a Southwestern financial holding company with US$47 billion in assets and primarily located inAlabama ,Arizona ,Colorado ,Florida ,New Mexico , andTexas . Compass Bancshares, is one of the nation’s 25 largest banks, and was previously a member of the S&P 500 Index and the Dow Jones Select Dividend Index. The corporate headquarters are located in theDaniel Building in downtown Birmingham.On
February 16 ,2007 , Compass announced that it would be acquired byBanco Bilbao Vizcaya Argentaria , the second largest bank inSpain . The deal was completed on Friday, September 7th, 2007, when Compass Bancshares became a wholly owned subsidiary of BBVA. The transaction gave BBVA a substantial stakehold in the US banking sector by creating the largest financial institution in the sunbelt region. BBVA plans to integrate banks previously acquired in the US with the current Compass technology and management platforms.External links
* [http://www.compassbank.com/ Compass Bank] official site
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