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BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services . It operated mainly in Alabama , Arizona , California , Colorado , Florida , New Mexico , and Texas .
In 2014, BBVA acquired the US digital banking company Simple for 117 million dollars. In its push towards a digital future in 2015 acquired the California company Spring Studio, specializing in user experience and digital design. By 2018, BBVA USA was one of the 30 largest banks in the US. [24]
BBVA USA, formerly BBVA Compass and Compass Bancshares, a defunct American bank Compass Bank , a bank in New Bedford, Massachusetts , USA which was acquired by Sovereign Bank in 2004 Topics referred to by the same term
Simple (formerly BankSimple) was an American neobank based in Portland, Oregon.It was recognized as the first neobank and operated between 2009 and 2021. [6]The company provided FDIC-insured checking accounts to US citizens, but not to Permanent Residents, through a partnership with The Bancorp Bank before transitioning over to BBVA USA in 2016. [2]
BBVA acquired Compass Bank back in 2007, whereupon the bank was renamed BBVA Compass, thus cementing its American presence as BBVA USA. Instead of just one routing number, BBVA USA has multiple ...
CIBC Bank USA: $17.7 Billion CIBC Bank USA: 2019 BB&T: SunTrust Banks: Truist Financial: $66 billion Truist Financial: 2021 PNC Financial Services: BBVA USA: PNC Financial Services: $11.6 billion [45] PNC Financial Services: 2022 Toronto-Dominion Bank: Cowen Inc. Toronto-Dominion Bank: $1.3 Billion [46] Toronto-Dominion Bank
On June 1, 2021, PNC acquired BBVA USA for $11.6 billion in cash. [64] The acquisition significantly boosted its presence in Colorado and Texas, complemented its presence in Alabama and Florida, and introduced the bank to the Arizona, California, and New Mexico markets. [65] In 2021, PNC originated nearly 95,000 mortgages worth $34.8 billion. [66]
BBVA Stadium (now Shell Energy Stadium) played host to the 2012 Italian Tour of the Americas which saw the USA Eagles play Italy to a 30–10 loss. The Eagles returned to BBVA Compass Stadium to play a mid-year rugby union test match against Ireland on June 8, 2013; the Eagles lost 15–12, but set a record for largest crowd for the Eagles on ...