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Compass Bank
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Compass Bank is a subsidiary of Compass Bancshares, Inc., a Southwestern financial holding company which operates 415 full-service banking centers including 164 in Texas, 89 in Alabama, 75 in Arizona, 44 in Florida, 33 in Colorado and 10 in New Mexico. Compass is among the top 30 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. Shares of Compass' common stock are traded through the NASDAQ Global Select MarketSM under the symbol CBSS. Compass Bank is a member of the S&P 500 Index and the Dow Jones Select Dividend Index.

Website:

http://www.compassbank.com

Phone Number:

(800) 239-4357 / 9AM - 5PM Mon - Fri

Address:

2114 2nd Avenue North
Birmingham, Alabama 35201

Minimum Balance:

$25 (savings account), $5,000 (CDs)

Interest:

compounded daily

Current Savings Account Rates:

[http://www.compassbank.com/]

Current CD Rates:

[http://www.compassbank.com/]


Comments

Mark Allen
2009-09-05 16:23:55
I had a build to order checking account with compass. I added free "overdraft" protection on the account. It is not really what they make you out to believe it is. You have to call up there within 7 days to use it or they charge you 7 dollars a day for 30 days. They do not have it automated like the rest of the world. I have asked them to close the account ASAP after finding this out but they would not. They have since had a machine calling the number I gave to them when opening the account saying it is a courtesy call when talking to a human which is a lie. I filed a report with the bbb.org stating there is nothing in the non-disclosure stating that I would like "courtesy" calls. Julio at 480-403-7892 for Compass said he would take the number out of the machine. The machine quit calling after 48 hours after he put in a request but now the machine is calling again after 7 business days which the bbb complaint is not update-able. Seems like these guys at compass have had to deal with the bbb.org before to not start calling again until after 7 business days. You also can not contact the local branch by calling them on the phone. This is a shady bank and stay far far away. I have never had problems with banks until I opened until I opened a Compass account.
Cliff Daniels
2009-08-07 02:44:13
Beware. Opening a account with Compass bank will result in hidden fee's and charges. If your are a struggling family beware. How they process check's and charges will always result in overdraft fee and charges. 9 out of 10 people I have spoke to have now or have had a account with Compass and everyone has the same story to tell. Save your money and go someplace else.


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