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SOURCE BBVA Compass
- Bank will lease three floors of 105-year-old RSA Van Antwerp building
- New space will house a retail branch, Commercial and Wealth Management officials
BIRMINGHAM, Ala., Sept. 10, 2013 /PRNewswire/ -- BBVA Compass will relocate its Mobile, Ala., corporate offices to the city's historic downtown. The bank has signed a lease to occupy three floors and nearly 11,200 square feet of the 10-story RSA Van Antwerp building at 101 Dauphin St.
BBVA Compass will be the main tenant in the 105-year-old building. The structure is undergoing a complete renovation and BBVA Compass will move into the space in the summer of 2014.
"This location is more centralized and allows us to better serve our South Alabama market," said Mark Fillers, South Alabama market president for BBVA Compass. "We have long sought space in downtown Mobile and are proud to be a part of the city's revitalization."
The first floor of the Van Antwerp building will include a retail banking branch while Wealth Management officers and Commercial bankers will occupy the second and third floors.
The bank will continue operating a branch at its current corporate offices at 321 Bel Air Blvd.
BBVA Compass is the second-largest bank in the Mobile area based on deposits. The bank operates 17 branches in Mobile and Baldwin counties.
About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at www.bbva.com.
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 688 branches, including 352 in Texas, 90 in Alabama, 78 in Arizona, 64 in California, 45 in Florida, 38 in Colorado and 21 in New Mexico. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and was recently awarded the 2013 Celent Model Bank Award for its new core banking platform. Additional information about BBVA Compass can be found at www.bbvacompass.com.
BBVA Compass is a trade name of Compass Bank, member FDIC.
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