BBVA Compass has hired veteran banker Fred Wipperling as its Correspondent Banking relationship manager based in Mandeville, La.
The senior vice president will help financial institutions with cash management, credit liquidity, portfolio strategies, international transactions and more.
“We’re pleased to have someone with Fred’s credentials join our team,” said Bob Freeman, head of Correspondent Banking for BBVA Compass. “We expect him to help us develop by building a strong base of financial institution customers in Louisiana, Mississippi and Arkansas.”
Wipperling has nearly three decades of experience in the banking industry. Most recently, he was a Correspondent Banking relationship manager for JPMorgan Chase & Co. Early in his career, he served a stint as a manager at the Federal Reserve Bank of Atlanta.
Wipperling received his bachelor’s degree from Florida State University and a graduate degree from the Graduate School of Banking at Louisiana State University.
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA. BBVA Compass is a Sunbelt-based financial institution that operates 684 branches, including 352 in Texas, 89 in Alabama, 78 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico. BBVA Compass 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 (5th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration and was recently awarded the 2013 Celent Model Bank Award for its new core banking platform.