A bank holding company is defined as a company controlling one or more banks but is not itself engaging in banking. Bank holding companies enjoy the status of having an easier way of raising capital than as it is possible with traditional banking. A holding company is eligible to assume shareholders' debt on a tax-free basis. They can also acquire non-bank entities as well as banks, borrow money, and issue stock with broader supervisory ease. It also has a more prominent legal authority as far as conducting its stock share repurchases are concerned.
About BBVA Bank
Headquartered in Birmingham, Alabama, BBVA Bank is a bank holding company. It has since 2007 been a subsidiary of the Spanish multinational, Banco Bilbao Vizcaya Argentaria. The bank holding company has its operation mainly in Arizona, Alabama, Colorado, California, Texas, and Florida. It is the 30the biggest bank in the US.
Products and services of BBVA Bank
BBVA Bank offers its clients a variety of services, including savings and checking accounts, wealth management, credit cards, and other financial services for businesses and individuals. The bank is also a full-service bank that has got a robust online platform. The bank also offers money markets, auto, and personal loans as well as home loan financing.
Compliments, complaints, and tips for BBVA Bank
The company has had several awards. For the 2nd time in a row, in 2018, the bank holding company received the Gold level recognition from the American Heart Association. The company in 2019 attained a perfect score on the Top 50 companies Diversity Inc. The same year the company for the second time in a row achieved a perfect score on Human Rights Campaign Foundations Corporate Equality index, an annual workplace equality scorecard for the LGBTQ community. If you have used their products, leave a review on US-Reviews.
BBVA compass Review. This is a good bank but it could be better.
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