Compass Bank

15 20th Street South
Birmingham, AL 35233

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 19048
Date Established 1964
Assets $86.61 billion
Loans $61.45 billion
Deposits $70.23 billion
Capital $12.25 billion

Compass Bank is an FDIC insured institution located in Birmingham, AL. It was founded in 1964 and has approximately $86.61 billion in assets. Customers can open an account at one of its 680 branches.

For a more detailed analysis of Compass Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Compass Bank’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Commercial Real Estate.

Compared to other banks in Alabama, Compass Bank has a significantly higher percent of Credit Card Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.53
Multifamily
Mortgages
2.06
Credit Card Loans 1.07
Consumer Auto Loans 5.26
Small Business Loans 1.89
Construction and Development Loans 3.51
Commercial Real Estate 16.68
Commercial and Industrial Loans 29.90
Farm Loans 0.03

Deposit Rates - September 19, 2018

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.05% $500 - Learn MoreShow Less
6 Mo CD 10K
0.10% $500 - Learn MoreShow Less
Savings Rates APY MIN MAX
Fixed IRA Rates APY MIN MAX
Fixed IRA 0K
0.10% $1 - Learn MoreShow Less
Special: 12 Mo FIRA
1.40% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
1.85% $500 - Learn MoreShow Less
Special: 12 Mo FIRA
1.75% $500 - Learn MoreShow Less
Special: 15 Mo FIRA
1.85% $500 - Learn MoreShow Less
Special: 18 Mo FIRA
2.00% $500 - Learn MoreShow Less
Special: 36 Mo FIRA
2.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA 0K
0.65% $1 - Learn MoreShow Less
MM Rates APY MIN MAX
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.05% $10,000 $19,999 Learn MoreShow Less
MM 25K
0.05% $20,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
INTCK2.5K
0.15% $1 $24,999 Learn MoreShow Less
Int Ckg 0K
0.03% $1 $1,999 Learn MoreShow Less
Int Ckg 2.5K
0.03% $2,000 $9,999 Learn MoreShow Less
Special: INTCK
0.50% $25,000 - Learn MoreShow Less

Online Only CD Rates of BBVA Compass Bank

Online CD Rates APY MIN MAX
Checking Rates APY MIN FEE
ClearConnect Checking 0.00% $0 $0.00 Learn MoreShow Less
Interest Checking 0.00% $5,000 $25.00 Learn MoreShow Less

Bank Online Offers

BBVA Raises Online Savings Rate
Jun 6, 2018

BBVA has raised their online savings rate to 1.70%.   Learn more here.


Loan Rates - September 19, 2018

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Auto Loan Rates APR Rate Monthly Payment
6 Year 5.24% 5.24% $405.41 Learn MoreShow Less

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Compass Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Compass Bank Locations

Financial Details

Compass Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Compass Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Compass Bank U.S. Bank Average
5.43% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2018, Compass Bank had $693,814,000 in non-current loans and $16,147,000 in owned real estate. To cover these potential losses it had $12,247,234,000 in equity and $832,071,000 in loans loss reserves. That gives it a Texas Ratio of 5.43%.

Return on Equity
Compass Bank U.S. Bank Average
6.58% 9.35%

Compass Bank has a Return on Equity of 6.58% versus the BestCashCow average of 9.35%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Compass Bank U.S. Bank Average
14.14% 12.01%

Compass Bank has a Capitalization of 14.14% versus the BestCashCow average of 12.01. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Compass Bank Balance Sheet Analysis

As of March 31, 2018, Compass Bank had assets of $86,612,374,000, loans of $61,452,191,000, and deposits of $70,225,700,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $3.32 billion
Interest-bearing balances $2.48 billion
Total securities $13.18 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $61.45 billion
Loan loss allowance $0.83 billion
Trading account assets $0.19 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $5.04 billion
All other assets $2.54 billion
     Total Assets $74.37 billion
LIABILITIES
Total deposits $70.23 billion
      Interest-bearing deposits $48.24 billion
      Deposits held in domestic offices $70.23 billion
      % insured (estimated) 58.60%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.17 billion
Other borrowed funds $2.35 billion
Subordinated debt $0.98 billion
All other liabilities $0.64 billion
      Total Liabilities $74.37 billion
      Shareholders’ Equity $12.25 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.74 billion
Total Interest Expense $0.12 billion
Net interest income $0.62 billion
Provision for loan and lease losses $0.06 billion
Total non interest income $0.19 billion
Total non interest expense $0.50 billion
Pre-tax Net Operating Income $0.25 billion

Frequently Asked Questions About Compass Bank

Branches and Savings

Is Compass Bank FDIC insured?

Yes. It is covered under FDIC Certificate #19048.

Why does Compass Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Compass Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Compass Bank a commercial bank?

Yes

Where are Compass Bank locations?

See branch locations nearby.

Is Compass Bank open on Saturdays?

Is Compass Bank open on Sundays?

What time does Compass Bank open?

What time does Compass Bank close?

Are Compass Bank ATMs Open 24/7?

Do Compass Bank ATMs accept cash deposits?

Can Compass Bank customers use other ATMs?

Do Compass Bank branches have notaries?

Will Compass Bank notarize my document?

What address for Compass Bank should I put for incoming ACH transfers?

Will the Compass Bank branch print checks?

Do Compass Bank checks expire?

Does Compass Bank require US citizenship to open account?

Can Compass Bank close my account?

Does Compass Bank Report to credit bureaus?

Does Compass Bank Use Equifax?

What is Compass Bank's ACH Routing Number?

What is Compass Bank's SWIFT code?

Products

Does Compass Bank offer mortgages?

Compare mortgage rates here.

Does Compass Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Compass Bank offer personal loans?

Compare personal loan rates here.

Does Compass Bank offer student loans?

Will Compass Bank cash a check?

Will Compass Bank redeem a savings bond?

Does Compass Bank cash savings bonds?

Will Compass Bank cash money orders?

Can Compass Bank issue a money order?

Does Compass Bank do currency exchange?

Background on The Bank

Who owns Compass Bank?

How long has Compass Bank been around?

Can Compass Bank transfer to other banks?

Does Compass Bank have quick pay?

Does Compass Bank accept rolled coins?

Will Compass Bank accept loose change?

Where is Compass Bank headquarters?

Customer Reviews for Compass Bank


  • cachimama

    July 06, 2016

    CDs 12 Month Rates

    Some of personal on the Bank in Grandteras CA are lack to be desired to do business, never on time and lair's.

  • Max

    June 08, 2016

    CDs 12 Month Rates

    This rate still good, online only and only personal no business

  • Kosher22

    April 18, 2016

    CDs 12 Month Rates

    Rate ended 4/1/16 according to Compass

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