Compass Bank, a wholly owned subsidiary of BBVA (NYSE:BBV), has unveiled three new business banking programs. Compass BusinessClass Preferred and BusinessClass Preferred Plus offer small business owners personalized business checks with no annual fee. The Business Personalized Visa Check Card is also customizable.
The Compass BusinessClass Preferred and BusinessClass Preferred Plus programs are available to business checking account customers with qualifying balances. The Preferred program features higher deposit limits with no holds, enhanced merchant services, and a Platinum Business VISA Check Card with VISA Extras. The Plus program also has a higher cash processing allowance per statement cycle, and an annual fee waiver on Business Line of Credit.
"Historically, Compass has been ahead of banking trends in providing business owners with leading products and services that fit their specific needs," Chris Sakaguchi, executive vice president and director of Business Banking for Compass Bank, said in a statement.