Category Archives: Banking

Source: BBVA Compass outsources IT help desk

bbva compass signWe’ve learned that BBVA Compass plans to announce that it will be outsourcing its IT (information technology) help desk. The decision would affect between 25-40 of the multinational bank’s employees in Birmingham, AL. Those employees would have the option of applying for work with the firm that has been awarded the account but would only be guaranteed no more than 60 days of work.

The story sounds similar to one that occurred last fall in Decatur, AL when 35 employees were told they would be laid off by the end of the year. Some of those jobs were moved to Texas with others outsourced to Atento, a unit of a Spain-based telecommunications and technology giant. By the way, BBVA Compass’ parent company is based in Spain.

We’ll update as more information becomes available.

BB&T’s coming to metro Birmingham

BB&T logo and slogan

The Winston-Salem Journal is reporting that BB&T apparently feels like the opportunity is here. They’ve filed papers with the FDIC to open a location in Birmingham, AL. It would be the third location in the state and the first for the Magic City.

The branch won’t have drive-thru lanes  – cool, though it makes you wonder just where they will put this new “boutique” bank branch…

A look back: October 17


The National Bank of Birmingham was organized. You may recognize it by the name it eventually adopted years later…

AmSouth bank logo

Courtesy: logo

AmSouth signs being replaced throughout the city

Lost in yesterday’s approval of demolition plans for the former Birmingham News building was the pending formal removal of the AmSouth name from area banks. AmSouth merged with Regions Bank last year and during yesterday’s Design Review Committee meeting, four banking centers that currently carry the AmSouth name received approval for new signage.

The bank locations approved yesterday are located in Ensley, Five Points South, the Birmingham Green (20th Street North) and Midtown (University Boulevard).

According to Steve Looney with Commander Board Signs, the new signs may be installed in as little as six weeks. It’s possibly your last chance to capture a glance at the local bank’s logo before it fades into history.