Compass Bancshares, Inc. (CBSS) - Description of business
in
Birmingham, Alabama. The Parent Company was organized in 1970 as Central and State National
Corporation of Alabama. The Company has two bank subsidiaries. The Companys principal bank
subsidiary is Compass Bank, an Alabama banking corporation headquartered in Birmingham, Alabama.
Compass Bank currently operates in Texas, Alabama, Arizona, Florida, Colorado and New Mexico. The
Companys other bank subsidiary is Central Bank of the South, an Alabama banking corporation
headquartered in Anniston, Alabama. Central Bank of the South has limited activities. The bank
subsidiaries of the company are referred to collectively as the Subsidiary Banks.
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