BBVA Compass Bank Locations, Interactive Maps, Phone, Website and More
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In 2005, BBVA Group acquired Laredo National Bank, based in Laredo, Texas. In 2006, it acquired Texas Regional Bancshares of McAllen, Texas, and State National Bancshares to become the fourth biggest bank of Texas after Wells Fargo, Bank of America and JPMorgan Chase.
On February 16, 2007, BBVA announced a definitive agreement to acquire Compass Bancshares Inc. based in Birmingham, Alabama. BBVA plans to create the biggest bank in the Sun Belt by consolidating all those banks to create Birmingham-based BBVA Compass. The deal was completed on Friday, September 7, 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... more
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