FOR IMMEDIATE RELEASE
October 16, 2015
HOUSTON – BBVA Compass, the fourth-largest bank in Texas by deposit market share, today announced that it is joining the coalition to support the Houston Equal Rights Ordinance and a “YES” vote on Proposition 1.
“We support the Houston Equal Rights Ordinance and are proud to stand among a number of Houston business leaders and organizations that are committed to keeping our city strong,” said BBVA Compass Chairman and CEO Manolo Sánchez. “As a global bank that values diversity, we see it as a source of strength that will help us build better workplaces and stronger communities. We support Proposition 1 because it’s good for business, it’s good for our employees and it’s the right thing to do.”
BBVA Compass joins a growing list of businesses voicing their support for a “YES” vote on Proposition 1. The list includes Dow Chemical Company, the Greater Houston Partnership, the Greater Houston Convention and Visitors Bureau, executives from Citi, Wyatt Energy, United Airlines, dozens of small businesses and Rice University. A large coalition of Houston business leaders supporting Proposition 1 recently featured this full-page ad citing the critical importance of continued growth and job creation.
Houston’s Equal Rights Ordinance protects Houstonians from discrimination in housing, employment and public spaces across 15 classes, including race, gender, military status, sexual orientation and gender identity.
If the equal rights ordinance is repealed, Houston would be the largest city in the U.S. without a local ordinance for dealing with discrimination claims.
BBVA Compass is among the top 25 largest U.S. commercial banks based on deposit market share and has been recognized as one of the nation’s leading Small Business Administration lenders. It has branches in Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas.
Houston Unites is the campaign working to win a “YES” vote on Proposition 1, Houston’s Equal Rights Ordinance, in November. The leading partners include: ACLU of Texas, Equality Texas, Freedom for All Americans, Human Rights Campaign, NAACP Houston Branch and Texas Freedom Network.