September 11, 2018
AUSTIN, Texas, Sept. 11, 2018 /PRNewswire/ -- Waller Creek Conservancy announced BBVA Compass as its lead corporate partner in the Waller Creek Park Community Program today.
The ambitious Waller Creek Park project, which stretches from Lady Bird Lake to 15th Street, includes 35 acres of new and redeveloped parkland, more than three miles of pedestrian and bicycle trails, and the ecological restoration of lower Waller Creek. Waller Creek Park is being implemented through an innovative public-private partnership between the City of Austin and Waller Creek Conservancy, a non-profit organization founded in 2010.
BBVA Compass, a top 25 U.S. financial institution, will lend support for the programs that will take place at the future Moody Amphitheater in Waterloo Park. In addition to being a sponsor, the bank will also team with the conservancy as its community partner to create opportunities through charitable initiatives.
"BBVA Compass is excited to partner with Waller Creek Conservancy with our sponsorship of community programs at Waterloo Park," said BBVA Compass Austin CEO Joe Petet. "We believe that the vision of the conservancy in the redevelopment of Waller Creek will be transformational to our city. This initiative will not only provide stability to the creek structure, but will create new landscapes and exciting new venues for our residents from all walks of life to enjoy. This aligns perfectly with the purpose of our organization, which is to bring the age of opportunity to everyone."
Waller Creek Park has been designed to accommodate the wide variety of ways Austinites use outdoor spaces and future programs and events in the park will promote connections between diverse groups of people.
Community programs that will result from the sponsorship include healthy living activities, art installations, and educational programming. The bank will also support special community programs at the new, outdoor Moody Amphitheater, including a five-part community concert series, pop-up events, and an annual benefit designed to raise funds for programs and park maintenance. To kick off this incredible partnership, BBVA Compass will the presenting sponsor of the 2018 Waller Creek Conservancy Benefit Concert being held on October 10, 2018, at Stubb's Waller Creek Amphitheater.
"Waller Creek Conservancy is honored to receive this significant support from BBVA Compass. Our organizations are fully aligned in our commitment to innovation. To truly serve the evolving needs of our community, we know we must design, program, and operate these parks in new and exciting ways. We are grateful to be partnering with a corporate sponsor who leads in their industry and will be an example as we aim to do the same," said Peter Mullan, CEO of the Waller Creek Conservancy.
To learn more about BBVA Compass, visit: www.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, it has leading franchises in South America and the Sunbelt Region of the United States; and 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 (6th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. 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.
About Waller Creek Conservancy
Waller Creek Conservancy is a 501(c)(3) non-profit whose mission is to create, maintain, and program an extraordinary chain of urban parks around a newly restored Waller Creek in downtown Austin. In partnership with the City, the Conservancy is leading the design and construction of parks, trails and public spaces in the Waller Creek district and, subsequent to their transformation, will be responsible for their maintenance and long-term stewardship. The Conservancy engages the public at Waller Creek through art, educational, and cultural programming. The Conservancy's activities are made possible through the generous support of individuals, foundations, and corporations. For more information, visit wallercreek.org.
SOURCE BBVA Compass
For further information: Al Ortiz, External Communications, Tel. 281-433-5640, firstname.lastname@example.org