BBVA USA to observe Juneteenth

Rhea-AI Summary

BBVA USA will close all branches at 1 PM on June 19 to observe Juneteenth, recognizing the end of slavery in the U.S. President and CEO Javier Rodríguez Soler emphasized the importance of this day for reflection on systemic racism and social justice. Customers are advised to conduct transactions earlier, while mobile and online banking services will continue uninterrupted. The closure reinforces BBVA's commitment to equity and social justice.

Positive

• BBVA acknowledges the significance of Juneteenth, enhancing its corporate social responsibility image.
• Uninterrupted digital services during the closure may enhance customer satisfaction.

Negative

• Branch closures may lead to customer inconvenience on June 19.

HOUSTON, June 16, 2020 /PRNewswire/ -- BBVA USA will close all offices across its footprint at 1pm Friday, June 19 in observance of Juneteenth, the commemoration of the end of slavery in the United States.

"BBVA stands in solidarity with our Black employees, customers, and communities, recognizing that this is a time for us to listen to all the needs of those who are experiencing oppression," said BBVA USA President and CEO Javier Rodríguez Soler. "We will close our doors to contemplate the significance of this day and cultivate a deeper understanding of how we can make a difference and stand against systemic racism and social injustice." 

BBVA recommends that customers who need to visit a branch location on June 19 should plan their transactions earlier in the day. BBVA's mobile and online banking services will remain uninterrupted during this time, as will the bank's call centers and its ATM network.

"We are committed to doing everything we can to support the fight for equity and social justice at every level," said Rodríguez Soler. "Our observance of Juneteenth is a reminder of that commitment, for ourselves and for the communities we serve."

For more BBVA news visit, www.bbva.com and the U.S. Newsroom. 
Additional news updates can be found via Twitter and Instagram. 
For more financial information about BBVA in the U.S., visit bbvausa.investorroom.com.

BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.

BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018.

 

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SOURCE BBVA USA

FAQ

What is BBVA's plan for Juneteenth on June 19?

BBVA will close all offices at 1 PM on June 19 to observe Juneteenth.

Will BBVA's online services be available on Juneteenth?

Yes, BBVA's mobile and online banking services will remain operational during the office closure.

Who made the announcement regarding Juneteenth at BBVA?

The announcement was made by BBVA USA President and CEO Javier Rodríguez Soler.

Why is BBVA closing its offices on June 19?

BBVA is closing its offices in observance of Juneteenth, to reflect on the significance of the day and systemic racism.

How many branches does BBVA operate in the U.S.?

BBVA operates 641 branches across the United States.