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BBVA Takes Guaranty, Creates 15th Largest US Bank 

Aug 21, 2009By

BBVA Compass tonight announced the acquisition of the entire banking operations of Guaranty Bank, based in Austin, Texas. The new entity will not only create the 15th largest commercial bank in the United States, but also the fourth largest in Texas. BBVA Compass is a subsidiary of Banco Bilbao Vizcaya Argentaria (BBVA) a bank headquartered in Northern Spain. BBVA is the second largest bank in the country, followed by Banco Santander, which is also the largest bank in Europe.