Tag Archives: Compass Bank

UPDATE: BBVA Compass announces layoffs

Yep, that’s the word we’ve just received – BBVA Compass will announce plans to lay off nearly 10% of their workforce as early as later today. NOTE: They did announce it today – here’s NBC 13’s account via the Associated Press and The Birmingham News‘ post on their breaking news blog, where they confirm that 200 of the jobs will be lost in the Birmingham area.

We’re awaiting confirmation. It would be a major amount of cuts as well, reportedly 10% reduction in current staff numbers. When the last round of job cuts were announced in late November, the bank was reportedly employing more than 13.000 people across six states.

Sources report that internal emails indicated that 1,200 positions would be eliminated with individual notifications made “over the next couple of weeks.”  Severance and placement services were also offered.

A look back: July 15


A paved quarter-mile track opened at the Birmingham International Raceway.


Compass Bank acquired Central Texas Bancorp of Waco, Texas.

Courtesy: Bhamwiki.com logo

The best super value meal ever…

That’s got to be what Birmingham resident Jeff Dubuisson, a Compass Bank customer, is thinking right now. He has won $1 million in the Visa™ Your Life, More Wonderful sweepstakes for using his Visa check card to purchase $5.98 in food at a local Wendy’s restaurant. He will now receive $50,000 each December for the next 20 years.

Compass Bank and Visa Inc. will present Dubuisson with his prize during halftime at the University of Alabama at Birmingham vs. University of Houston basketball game at the Bartow Arena on Feb. 20.