Compass Bank Launches Three New Industry-Leading Programs for Business Customers
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Introducing the New Business Personalized Visa(R) Check Card
BIRMINGHAM, Ala., March 31 /PRNewswire/ -- Banking for business owners has
never been better, thanks to three new industry-leading Compass Bank business
banking programs: Compass BusinessClass(sm) Preferred, Compass
BusinessClass(sm) Preferred Plus and the Business Personalized Visa(R) Check
Card. Launched recently by Compass for today's business owner -- who requires
easy-to-use, robust financial products and services -- Compass is the first
major financial services institution in the country to provide the levels of
service that come with Compass BusinessClass Preferred and Compass
BusinessClass Preferred Plus for no annual fee and the first to provide small
business owners with the ability to personalize their business check cards.
"Historically, Compass has been ahead of banking trends in providing
business owners with leading products and services that fit their specific
needs," said Chris Sakaguchi, executive vice president, director of Business
Banking for Compass Bank. "We are proud to continue to increase our strong
line of business banking tools by adding these unique programs and know that
the Business Personalized Visa(R) Check Card is simply the next step in
Compass' commitment to remain an industry leader in providing the best tools
for our customers."
The Compass BusinessClass Preferred and Compass BusinessClass Preferred
Plus programs are available to all business checking account customers with
qualifying balances and provide two unique new tiers of savings, benefits and
services within the existing Compass BusinessClass program. Key features of
the enhanced programs include the following:
BusinessClass Preferred
-- All benefits of the existing Compass BusinessClass(sm) program;
-- Specially trained and dedicated representatives available through a
toll-free number;
-- Higher deposit limits with no holds;
-- Enhanced Merchant Services; and
-- Platinum Business VISA Check Card with VISA Extras.
BusinessClass Preferred Plus
-- All benefits of Compass BusinessClass and Compass BusinessClass
Preferred programs;
-- Higher deposit limits with no holds;
-- Higher cash processing allowance per statement cycle;
-- Annual fee waiver on Business Line of Credit; and
-- Free merchant services terminal with new Merchant Services account.
The Business Personalized Visa(R) Check Card is an innovative addition to
Compass' line of leading business products. It allows businesses to customize
each check card with a company name, a favorite color photo or the company's
logo in an edge-to-edge format. The Business Personalized Visa(R) Check Card
can be added to any type of Compass business checking account for a $10 fee,
or qualifying customers receive the product free as members of the Compass
BusinessClass Preferred and Compass BusinessClass Preferred Plus programs.
Detailed information about the Compass BusinessClass Preferred and Compass
BusinessClass Preferred Plus programs is available at all banking centers
throughout the six states in which Compass Bank operates or online at
www.compassbank.com/business/preferred. To learn more or to create a Business
Personalized Visa(R) Check Card simply log on to
www.compassbank.com/makemybizcard. Compass Bank is a member of the Federal
Deposit Insurance Corporation; availability of products and services may be
subject to prior approval, including credit approval.
Compass Bancshares, Inc. is a wholly-owned subsidiary of BBVA (NYSE: BBV)
(MAD: BBVA). BBVA is a financial services group with more than $700 billion in
total assets, 42 million clients, 7,900 branches and approximately 111,000
employees in more than 30 countries. BBVA provides its customers around the
world with a full range of financial services, including commercial and
wholesale banking, retail banking services, consumer loans, mortgages, credit
cards, securities brokerage, wealth management, pension plan management and
insurance. The BBVA Group maintains a leadership position in Spain, Mexico,
Latin America and the Sunbelt Region of the United States as well as
operations in China, France, Germany, Hong Kong, Italy, Japan, Singapore,
Switzerland, and the United Kingdom.
SOURCE Compass Bank
Brandi Brownell of Corporate Communications, +1-205-297-7048, Compass Bank
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