Compass Bank Announces Gifts for Southern Arizona Charities.Business Editors TUCSON, Ariz.--(BUSINESS WIRE)--Nov. 5, 2001 Compass Bank (Nasdaq: CBSS CBSS Council of Baltic Sea States CBSS Craft and Boat Support System CBSS Coastal Border Surveillance System (MSSC) CBSS Closed-Breach Scavenging System (compressed air system for removing smoke from tank gun tubes) ) today announced the beneficiaries of its Southern Arizona Southern Arizona is a region of the United States. It is the southernmost portion of the 48th state, Arizona. Southern Arizona's boundaries are not well defined, but certainly include all of present-day Cochise County, Pima County, Graham County, and Santa Cruz County. charitable giving program for the first portion of 2001. In making the announcement, Compass Bank-Tucson City President Mark Mister said: "Compass Bank believes strongly in giving back to the communities were we live, work and conduct business. Compass is proud to be a supporter of these fine organizations that have devoted their efforts to doing just that." In addition to the charities noted below, Compass Bank employees, customers and other groups in Arizona donated do·nate v. do·nat·ed, do·nat·ing, do·nates v.tr. To present as a gift to a fund or cause; contribute. v.intr. To make a contribution to a fund or cause. more than $220,000 to the Red Cross Disaster Relief Fund through Compass following the September 11 terrorism attacks. Some of the major contributions include: -- Habitat for Humanity--grant for construction to build home ($25,000) -- Boys and Girls Club--Three year pledge for the construction of a new club house ($10,000) -- Las Familias ($10,000) -- Chicanos Por La Causa ($7,500) -- Ronald McDonald House 20th Birthday Fund ($5,000) -- Jewish Federation of Southern Arizona KolEchad/One Voice ($2,500) "I only wish we had unlimited resources to help every group that requests our assistance," Mistler said, "but unfortunately, we must spread a finite amount over as many worthwhile causes as possible." Compass Bank operates 60 full-service banking offices in Arizona, including 18 in Tucson. Compass Bank is a subsidiary of Compass Bancshares Compass Bancshares, Inc. is a privately held company based in Birmingham, Alabama. Its subsidiary, Compass Bank, is a Southwestern financial holding company with $47 billion in assets and 417 full-service banking offices in Alabama, Arizona, Colorado, Florida, New Mexico, and Texas. , Inc., a Sunbelt-based financial holding company with more than $22 billion in assets and 340 full-service banking offices in Alabama, Arizona, Colorado, Florida, Nebraska, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). and Texas. Compass is among the top 40 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. The company's earnings per share have increased for 13 consecutive years and dividends per share Dividends per share Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term. have increased for 20 consecutive years. Shares of Compass' common stock are traded through the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol CBSS. |
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