BBVA Compass announced that banking veteran Mike Sventek has been named Flagstaff city president. From his Flagstaff home base, Sventek will lead the market’s Commercial Banking team to support continued growth and development in the area, while also acting as the bank’s representative for various city and community organizations. Sventek replaces Andy Wykstra, who was recently named western regional director for Commercial Banking, relocating to Denver, Colo.
“BBVA Compass is pleased to welcome Mike Sventek to the vital and growing Flagstaff market,” said Andy Wykstra, BBVA Compass western regional director for Commercial Banking. “His 20 year history in banking will be of great benefit to both his clients and his team at BBVA Compass. We are thrilled to welcome Mike and his family back to the area and excited to have his experience, expertise and leadership working for us and our clients.”
Sventek graduated from Northern Arizona University with a Bachelor of Science Degree in Computer Science. He is also a graduate of the former Norwest Bank Commercial College of Credit and participated in the Masters level program at the University of Washington’s Pacific Coast Banking School. His employment history spans 20-years at Norwest/Wells Fargo, rising from store manager to his most recent position of district manager, based out of Bend, Ore.
Sventek is active in the community, having served on multiple non-profit boards, including Deschutes Children’s Foundation, the Economic Development for Central Oregon, the Flagstaff American Cancer Society and the Flagstaff Big Brothers/Big Sisters program. He is also a past president and secretary for the Prescott Valley Chamber of Commerce and a former Prescott Valley Rotary member.
Sventek and his wife Jennifer are proud parents of Peyton and Sydney.
ABOUT BBVA COMPASS
BBVA Compass is a Sunbelt-based financial institution that operates more than 716 branches including 380 in Texas, 93 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass ranks among the top 20 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the nation’s leading Small Business Administration (SBA) lenders, earning ‘Lender of the Year’ honors in 2009 and 2010. Additional information concerning BBVA Compass can be found on our website www.bbvacompass.com.
BBVA Compass is a subsidiary of Compass Bancshares, Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a financial services group with approximately $740 billion in total assets, 47 million clients, 7,400 branches and approximately 107,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 21st in Global Finance magazine’s list of the “World’s 50 Safest Banks” for 2010. BBVA provides its customers around the world with a full range of financial services, including commercial and wholesale banking, retail banking services, consumer loans, mortgages, credit cards, securities brokerage, wealth management, pension plan management and insurance. The BBVA Group maintains a leadership position in Spain, Mexico, Latin America and the Sunbelt Region of the United States, as well as operations in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, Turkey, and the United Kingdom. More information about the BBVA Group can be found at www.bbva.com.
Editor’s note: BBVA Compass is the trade name of Compass Bank and is a trademark of Compass Bancshares, Inc. Compass Bank, member FDIC.