What bank took over BBVA Compass?

PNC Bank
PNC Bank bought BBVA Bank. But the changeover for some customers last month was rougher than anything expected.

Who bought out Compass Bank?

PNC Financial Services Group
PNC Financial Services Group announced Tuesday that it completed the acquisition of Houston, Texas-based BBVA USA — lifting the Pittsburgh-based bank to the fifth-largest commercial bank in the country with some $560 billion in assets, up from No.

Is BBVA Compass the same as Compass Bank?

Founded as Compass Bank in Birmingham in the 1960s, BBVA Compass is an Alabama-based banking organization with current headquarters in Birmingham, Jefferson County. Compass Bank’s parent company, Compass Bancshares Inc., was acquired by Banco Bilbao Vizcaya Argentaria (BBVA) in 2007.

Is BBVA now PNC Bank?

PNC Financial Services Group Inc. completed its conversion of former BBVA USA branches into its PNC Bank over Columbus Day weekend, after formally acquiring the offices June 1.

Are BBVA and PNC the same?

PNC Financial Services Group in November 2020 announced it would acquire the U.S. subsidiary of Spain’s BBVA bank for $11.6 billion in cash. That purchase included BBVA’s 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.

What is Compass Bank changing to?

The bank is now PNC Bank. More than 2.6 million BBVA consumer, business and corporate customers were switched over.

What happened to BBVA Compass bank?

BBVA is no more. The bank is now PNC Bank. More than 2.6 million BBVA consumer, business and corporate customers were switched over.

What will happen to my BBVA account?

If you’ve been with BBVA, you are converting to a PNC Bank customer in October. Oct. 4, 2021, at 1:24 p.m.

Is BBVA Compass a real bank?

About BBVA USA Bank Established in 1964, BBVA USA Bank (formerly BBVA Compass) is headquartered in Birmingham, Alabama. It has nearly 650 branches spread across 7 southern states. BBVA is known for its strong online presence, excellent customer service, and user-friendly mobile app.

Can BBVA customers use PNC?

Direct deposits, such as payroll, social security, and tax credits, or other recurring payments made to checking, savings or money market accounts should continue without interruption, and PNC will support BBVA USA customers using BBVA USA checks.