Compass Bank Offers Free Small Business Checking to Celebrate National Small Business Week.Business Editors BIRMINGHAM, Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. .--(BUSINESS WIRE)--May 8, 2002 May 5-11 is National Small Business Week as proclaimed pro·claim tr.v. pro·claimed, pro·claim·ing, pro·claims 1. To announce officially and publicly; declare. See Synonyms at announce. 2. by President George W. Bush, and to commemorate this event, Compass Bank is offering small business owners free business checking good for three years if certain qualifications are met, says John L. Holt, Compass' executive vice president and head of its small business group. "Compass has focused on serving small businesses since its founding some 38 years ago," said Holt, "almost as long as the President and the Small Business Administration have been observing and celebrating the important contributions of this group of business men and women. Over the years, Compass has developed and implemented a number of small business products that are tailored to the needs of these business people. Equally important, we couple these innovative products with a hands-on, personal approach to customer service." There are an estimated 25 million small businesses in America, employing more than half of the country's private work force. Small businesses create three out of four new jobs in this country, and generate a majority of American business innovations. "This group demands and expects a banking relationship with an institution that is as innovative and responsive as they are in running their businesses," said Holt. For details on Compass' free small business checking account and other products and services for the small business owner, stop by any Compass Banking Center or call 1-800-COMPASS. 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 $23 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 14 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 21 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 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) . |
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