JACKSONVILLE, Fla., Dec. 12, 2019 /PRNewswire/ -- BBVA USA Jacksonville Market CEO Nelson Bradshaw was named by Florida Governor Ron DeSantis to serve a second term in the Florida Development Finance Corporation (FDFC). Bradshaw, who serves as the organization's treasurer, was one of four members announced and the only returning member.
FDFC is a state-authorized issuer of industrial revenue bonds which supports economic development by assisting for-profit and not-for-profit businesses with access to capital for project financing. The primary mechanism for accessing the capital markets is tax-exempt and taxable bonds.
"BBVA's global mission is to bring the age of opportunity to everyone, and FDFC's efforts in providing access to capital is directly aligned with our efforts," said Bradshaw. "I'm honored to be asked to continue my role with the organization and to play a part in the economic growth of this state and the businesses that are based here."
Bradshaw has served the Jacksonville community at BBVA since 2008 and has been a part of FDFC since September 2016. He has held numerous civic leadership positions over the years including State board positions with the Florida Development Finance Corporation, Cystic Fibrosis Foundation, The Florida Bankers Association, and NAIOP. Local board positions include Jacksonville Downtown Rotary, World Affairs Council, JAX Chamber of Commerce, Hubbard House Foundation, and UNF College of Business Advisory Board.
For more financial information about BBVA in the U.S., visit bbva.investorroom.com.
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market and is the largest financial institution in Mexico. It has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's BBVA Garanti. BBVA's purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. BBVA's responsible banking model aspires to achieve a more inclusive and sustainable society.
In the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 329 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 17 in New Mexico. The bank 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 (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018.
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SOURCE BBVA USA