Banking for Nonprofits & Member Organizations
Specialized Commercial Banking Solutions for Nonprofit Organizations
BBVA Compass works closely with a wide range of nonprofit entities such as social service organizations, cultural institutions, and membership organizations.
As a client, you benefit from a team of bankers who draw on their knowledge of local markets and expertise in the nonprofit sector to tailor solutions that support your organization’s goals. We can assist you with needs such as:
- Real Estate financing
- Equipment financing
- Capital Campaign financing
- Treasury management
- Deposit services
Commercial Banking and Working Capital
We can assist with private placements of bonds and credit agreements that can be used to support capital expansion, equipment acquisition, or other capital-intensive initiatives.
- Traditional term loans and private placements of bonds often offer lower costs and more efficient disclosures than a public offering.
- 501(c) 3 organizations can benefit from significant cost savings to the extent they qualify for tax exempt financing.
- Lines of credit are available to meet working capital and interim financing needs.
- Medium-term financing with amortization up to 20 years is available.
- Debt financings can potentially be taxable or tax exempt; tax exempt debt can be both qualified or non bank qualified.
- Debt can be structured as variable or fixed rate and interest rate swaps are available to help manage interest rate risk.
- Liquidity and credit enhancement support is available for variable rate debt in the form of letters of credit.
Treasury Management and Deposits
Improve processing efficiencies and enhance monitoring capabilities with treasury management and deposit commercial banking services.
- Treasury management services include online banking, remote deposit, debit/credit card processing, and image lockbox solutions for incoming payments.
- Deposit services include fraud protection for your security.
- Purchase card and electronic payment solutions can help you streamline your accounts payable processing.
- Investment solutions are available through various interest bearing accounts and certificates of deposit offered through BBVA Compass.
- Fundraising solutions can assist your organization with capital campaigns and foundation contributions.
- Workplace Solutions is a package of money-saving products and services unique to BBVA Compass that is available to offer your employees at no added cost to you.