BBVA

BBVA, originally established as Central Bank and Trust Company in Birmingham, Alabama, on March 2, 1964, has undergone significant transformations and expansions throughout its history. In 1973, the institution changed its name to Central Bank of Birmingham and became a member of the Federal Reserve System. By 1981, it adopted the name Central Bank of the South as part of a broad acquisition strategy that included multiple banks across Alabama. The institution was renamed Compass Bank in November 1993, signifying a new brand direction. Over the following years, BBVA expanded its footprint significantly through numerous acquisitions, including Compass Bank in Houston, Texas, and Guaranty Bank in Austin, Texas, as part of a government-assisted merger in 2009. In June 2019, the organization rebranded itself as BBVA USA. Ultimately, on October 8, 2021, BBVA merged with PNC Bank, National Association, and ceased to operate as a separate entity.

Below is a list of some important events in banks history, including mergers and acquisitions.

1964-03-02Institution established. Original name: Central Bank and Trust Company.

1973-03-23Changed Institution Name to Central Bank of Birmingham.

1981-12-31Institution becomes member of the Federal Reserve System.

1981-12-31Changed Institution Name to Central Bank of the South.

1981-12-31Acquired Central Bank of Auburn, National Association in Auburn, AL.

1981-12-31Acquired Central Bank of Alabama, National Association in Decatur, AL.

1981-12-31Acquired Central Bank of Dothan, National Association in Dothan, AL.

1981-12-31Acquired Central Bank of Eufaula in Eufaula, AL.

1981-12-31Acquired Central Bank of Walker County in Jasper, AL.

1981-12-31Acquired Central Bank of Montgomery in Montgomery, AL.

1981-12-31Acquired Central Bank of St. Clair County in Springville, AL.

1981-12-31Acquired Central Bank of Tuscaloosa, National Association in Tuscaloosa, AL.

1981-12-31Acquired Central Bank of Uniontown in Uniontown, AL.

1982-06-30Acquired Central Bank in Mobile, AL.

1987-12-12Acquired Central Bank in Cahaba Heights, Al.

1993-11-08Changed Institution Name to Compass Bank.

1994-01-01Main Office moved to 15 South 20th Street, Birmingham, AL 35233.

1997-09-17Acquired Compass Bank in Jacksonville, FL.

1998-01-16Acquired Gainesville State Bank in Gainesville, FL.

1998-10-23Acquired Compass Bank in Houston, TX.

1999-08-26Acquired Arizona Bank in Tucson, AZ.

1999-10-21Acquired Hartland Bank, National Association in Austin, TX.

2000-01-14Acquired Western Bank in Albuquerque, NM.

2000-04-04Acquired Compass Bank-co in Englewood, CO.

2000-07-18Acquired Founders Bank of Arizona in Scottsdale, AZ.

2001-01-05Acquired Firstate Bank in Kimball, NE.

2001-01-05Acquired FirsTier Bank in Northglenn, CO.

2006-03-25Acquired TexasBank in Fort Worth, TX.

2008-03-13Acquired The Laredo National Bank in Laredo, TX.

2008-03-13Acquired Texas State Bank in Mcallen, TX.

2008-03-13Acquired State National Bank in Fort Worth, TX.

2009-08-21Acquired Guaranty Bank in Austin, TX as part of a government assisted merger.

2009-09-11Acquired Bbva Bancomer Usa in Diamond Bar, CA.

2009-09-11Acquired Central Bank of the South in Anniston, AL.

2019-06-10Changed Institution Name to Bbva Usa.

2021-10-08Merged and became part of Pnc Bank, National Association (6384) in Wilmington, DE.