SunTrust Banks traces its roots back to 1811.

With a history spanning over two centuries, SunTrust Banks has evolved from a small regional bank to a powerhouse in the financial sector. Founded in 1811 as the Bank of Tennessee, it later merged with the Trust Company of Georgia in 1985 to become SunTrust Banks, Inc.

It is headquartered in Atlanta, Georgia.

SunTrust Banks chose Atlanta as its headquarters, strategically positioning itself in a city known for its vibrant business environment and thriving economy. This decision has played a crucial role in SunTrust Banks’ growth and success.

SunTrust Banks is a Fortune 500 company.

Consistently ranked among the top companies in the United States, SunTrust Banks has secured its place on the prestigious Fortune 500 list. This recognition further highlights the company’s stability and financial strength.

The bank serves millions of clients.

With its extensive network of branches and digital banking services, SunTrust Banks caters to the financial needs of millions of clients across the country. Its customer-centric approach has earned it a loyal customer base.

It offers a wide range of financial services.

From personal banking to commercial banking, mortgage loans to wealth management, SunTrust Banks provides a comprehensive suite of financial services. This breadth of offerings sets it apart from its competitors.

SunTrust Banks has a commitment to community engagement.

As a responsible corporate citizen, SunTrust Banks actively engages with the communities it serves through various initiatives and programs. It supports education, affordable housing, and other community development projects, making a positive impact in people’s lives.

SunTrust Banks has received numerous accolades.

Recognized for its excellence and innovation, SunTrust Banks has received multiple awards and accolades over the years. These include recognition for its corporate culture, workplace diversity, and commitment to environmental sustainability.

The bank actively promotes financial literacy.

SunTrust Banks recognizes the importance of financial education and actively promotes financial literacy among individuals and communities. It offers educational resources, workshops, and financial counseling to help people make informed financial decisions.

These 8 astonishing facts about SunTrust Banks demonstrate the company’s long-standing legacy, commitment to excellence, and dedication to its customers and communities. As SunTrust Banks continues to evolve and adapt to the changing financial landscape, its impact in the banking industry is sure to remain significant.

Conclusion

After exploring these 8 astonishing facts about SunTrust Banks, it is clear that this financial institution is a force to be reckoned with in the banking industry. From its rich history and strong community focus to its innovative digital banking solutions and commitment to sustainability, SunTrust Banks has consistently set itself apart from its competitors. Whether you’re a customer or an investor, the impressive performance and reputation of SunTrust Banks make it a noteworthy institution to consider.

FAQs

Q: What is the history of SunTrust Banks?

A: SunTrust Banks was founded in 1891 as Trust Company of Georgia. Over the years, it has grown through mergers and acquisitions to become one of the largest financial institutions in the United States.

Q: What regions does SunTrust Banks serve?

A: SunTrust Banks primarily serves the southeastern United States. It has branches and ATMs in states such as Florida, Georgia, Virginia, North Carolina, and Tennessee.

Q: Does SunTrust Banks offer digital banking services?

A: Yes, SunTrust Banks offers a range of digital banking services, including online banking, mobile banking, and mobile check deposit. Customers can conveniently manage their accounts and conduct transactions using these digital platforms.

Q: What sets SunTrust Banks apart from other financial institutions?

A: SunTrust Banks differentiates itself through its strong community focus and commitment to corporate social responsibility. It actively supports various charitable initiatives and has implemented sustainable practices to minimize its environmental impact.

Q: Does SunTrust Banks provide investment services?

A: Yes, SunTrust Banks offers investment services through its subsidiary, SunTrust Investment Services. It provides financial planning, wealth management, and brokerage services to individuals and businesses.

Q: How can I contact SunTrust Banks’ customer support?

A: SunTrust Banks’ customer support can be reached through its toll-free number or by visiting one of its branch locations. Additionally, customers can also reach out to the bank’s support team through their website or social media channels.

Q: Is SunTrust Banks a member of the FDIC?

A: Yes, SunTrust Banks is a member of the Federal Deposit Insurance Corporation (FDIC). This means that customers’ deposits are insured up to the maximum limit allowed by the FDIC.

Q: Does SunTrust Banks offer business banking services?

A: Yes, SunTrust Banks provides a range of business banking services, including business checking accounts, loans, treasury management, and merchant services. It caters to the banking needs of small businesses, corporations, and institutions.