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Compass Introduces Expanded International Trade Services.


BIRMINGHAM, Ala.--(BUSINESS WIRE)--Oct. 4, 1999--

With a significant presence in some of the nation's busiest port cities and manufacturing centers, Compass Bank (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: 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) 
) recently introduced an expanded International Trade Services unit headquartered in Houston.

Houston, Compass' largest market, ranks as the nation's number one port for international trade and number two in total tonnage. Other Compass' port cities include Jacksonville, one of the fastest growing on the East Coast and a major automobile importer, and Mobile, a major handler of steel and forest products.

Compass also counts among its markets a concentration of manufacturing centers, particularly high-tech, including Dallas, Phoenix, Tucson, and Austin. Early next year, Albuquerque will be added to the list with completion of a pending acquisition.

Compass' International Trade Services will focus on services and products that meet the needs of customers for cross-border financing, including letters of credit, documentary collections Documentary collections

Trade transactions handled on a draft basis.
, bankers acceptance services and foreign currency.

Geraldine Gurley joins Compass with more than 25 years of international banking experience to head up the team of trade specialists. She managed Bank One's international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee.  in Texas and is a graduate of Albertson College of Idaho The College of Idaho is a liberal arts college with an enrollment of approximately 800 students located in Caldwell, Idaho. History
The college marks its beginning six years before Idaho's statehood when the Presbyterian Church's Wood River Presbytery, meeting in
 and the American Graduate School of International Management. With 33 years of experience in international trade, Helen Chase is responsible for business development and is based in Birmingham. Diane McGiffin, with over 20 years of experience in international trade, oversees the day-to-day operations of the department.

"More and more small and medium-sized companies are doing business globally," D. Paul Jones Paul Jones can refer to:
  • John Paul Jones, American naval hero
  • John Paul Jones (musician), bassist for the band Led Zeppelin
  • Paul Jones (singer), BBC Radio 2 DJ & singer
  • Paul Jones (footballer), a goalkeeper who has played for Wolves and Southampton
, Jr., Compass chairman and chief executive officer said. "Compass has the expertise and products to help customers participate in the growing global economy."

Compass Bank and its Arizona Bank division operate 289 full-service banking offices throughout the Sunbelt states of Texas, Alabama, Arizona and Florida. Compass 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 $17.7 billion financial services company.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 4, 1999
Words:311
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