December Recap: Creating opportunities for communities and people

- BBVA Compass invested $1.8 million toward KIPP Houston Public School system's newest campus, the BBVA Compass Opportunity Campus.

- The BBVA Compass Foundation contributed $250,000 toward the construction of The Salvation Army's Education and Workforce Development Center in Birmingham.

- In its fifth year, BBVA Compass' annual Project Blue Elf initiative reaches more than 5,500 elementary students in 30 markets across its footprint.

- Advancing through Congress, the MOBILE Act, an idea originally conceived in BBVA Compass' Legal Department, aims to improve banking access to underserved communities.

January 10, 2018

HOUSTON, Jan. 10, 2018 /PRNewswire/ -- Published on the bank's global news platform, bbva.com, the articles below capture BBVA Compass' brand promise of "creating opportunities," honing in on efforts and investments that will positively impact underserved communities throughout the bank's footprint. The latter four articles position BBVA Compass as an engine of opportunity for people, highlighting the bank's commitment to helping customers digitally and through an array of financial services.

BBVA Compass corporate logo (PRNewsFoto/BBVA Compass)

BBVA Compass wrapped up the year with an article recapping last year's activities — including community and people-oriented initiatives — that underscore and reemphasize the bank's global tagline of "creating opportunities," which debuted in January 2017.

BBVA Compass Opportunity Campus, the first of its kind for KIPP, makes its debut in Houston
BBVA Compass' $1.8 million investment in KIPP Houston's BBVA Compass Opportunity Campus — the first KIPP campus nationwide to share its name with a corporate investor — is the bank's largest education investment, underscoring its commitment to creating opportunities for underserved youth in Houston.

Workforce Development Center part of The Salvation Army's new Center of Hope
The Salvation Army's new Center of Hope facility houses the Workforce Development Center, a program made possible in part by a $250,000 gift from the BBVA Compass Foundation. Part of the Center's role is to partner with other nonprofits in the community to provide training and education to build a pipeline of qualified employees in Birmingham.

Project Blue Elf's impact reaches milestone 20,000 students on its five year anniversary
Project Blue Elf, BBVA Compass Foundation's signature holiday initiative, wrapped up its fifth anniversary in December and reached more than 5,500 students in 30 markets across the bank's footprint. The campaign brought toys, cookies and smiles to kids in 32 different elementary schools, with most students coming from low- to moderate-income backgrounds.

MOBILE Act means more access for underserved, unbanked
Initially conceived in BBVA Compass' Legal Department, the enactment of the MOBILE Act, which could occur early this year, aims to improve access to mainstream financial services for people in communities where financial institutions are limited or inaccessible.

The important role branches play in digital transformation
As a community pillar, BBVA Compass branches leverage the customer experience and personal service, not only to to conduct high-value transactions and solve problems, but also to maximize the banking experience through customers' adoption of digital channels.

The remittance market in the U.S. – where the money goes
Much of the remittances sent from the U.S. are forwarded funds to Mexico. BBVA Compass featured an article to give people insight into the magnitude of remittances being sent across the border, while spotlighting how BBVA's recently launched mobile app, Tuyyo, can help send funds quickly to Mexico.

BBVA Compass – your holiday shopping companion
As the holiday season neared, BBVA Compass highlighted services and products that can help shoppers manage their budget and responsibly tackle and maximize their holiday shopping experience.

To learn more about BBVA Compass, visit: www.bbvacompass.com

For more news visit: www.bbva.com and newsroom.bbvacompass.com

About BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, and has leading franchises in South America and the Sunbelt Region of the United States; it is also the leading shareholder in Garanti, Turkey's biggest bank for market capitalization. Its diversified business is focused on high-growth markets and it 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 the best practices. More information about BBVA Group can be found at bbva.com.

About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 649 branches, including 336 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 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 lenders by the Small Business Administration (SBA) and ranked 5th nationally in the total number of SBA loans originated in fiscal year 2016. Additional information about BBVA Compass can be found at www.bbvacompass.com. For more BBVA Compass news, follow @BBVACompassNews on Twitter or visit newsroom.bbvacompass.com.

 

SOURCE BBVA Compass

For further information: Tristan Grimble, External Communications, Tel. 832 544 2531, tristan.grimble@bbva.com


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