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SunTrust
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs across 11 southeastern states and Washington, D.C. The bank's primary businesses included deposits, lending, credit cards, and trust and investment services. Through its various subsidiaries, the company provided corporate and investment banking, capital market services, mortgage banking, and wealth management — with nearly 24,000 employees. In 2013, it was ordered to pay $1.5 billion "to resolve claims of shoddy mortgage lending, servicing and foreclosure practices," and it reached a preliminary $968 Million settlement with the US government in 2014. In February 2019, SunTrust Banks announced its pending purchase by BB&T for $28 billion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Truist Financial
Truist Financial Corporation () is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. Its bank operates 1,928 branches in 15 states and Washington, D.C., offering consumer, commercial, and investment banking, securities brokerage, asset management, mortgage, and insurance products and services. It is on the list of largest banks in the United States by assets; as of May 2025, it is the tenth-largest bank, with $523 billion in assets. History History of BB&T In 1872, Alpheus Branch and Thomas Jefferson Hadley founded the Branch and Hadley merchant bank in their hometown of Wilson, North Carolina. After many transactions, mostly with local farmers, Branch bought out Hadley's shares in 1887 and renamed the company Branch and Company, Bankers. Also in 1887, the bank moved to its new headquarters on Nash Street in downtow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BB&T
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta-based SunTrust Banks to form Truist Financial, which retains BB&T's stock price history and operates under BB&T's charter. History In 1872, Alpheus Branch and Thomas Jefferson Hadley founded the Branch and Hadley merchant bank in their hometown of Wilson, North Carolina. After many transactions, mostly with local farmers, Branch bought out Hadley's shares in 1887 and renamed the company Branch and Company, Bankers. During that same year, the bank also moved to its new headquarters on Nash Street in downtown Wilson, North Carolina. Two years later, Branch, his father-in-law Gen. Joshua Barnes, Hadley, and three other men secured a charter from the North Carolina General Assembly to operate the Wilson Banking and Trust Company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SunTrust Plaza
Truist Plaza is a 60 story skyscraper in downtown Atlanta. It was designed by John C. Portman Jr. of John Portman & Associates and built from 1989 to 1992. In the mid-1990s, Portman sold half of his interest in the building to SunTrust Banks, which then moved its headquarters to the building and prompted a name change from One Peachtree Center to SunTrust Plaza. In 2021 the building changed its name to Truist Plaza, following a merger between SunTrust Banks and BB&T. The building is also known as 303 Peachtree. The building has a roof height of 871 feet (265 m) and stands a total of 902 feet (275 m) tall, including its antenna. When completed, Truist Plaza stood as the world's 28th tallest building and 21st tallest building in the United States. Currently, Truist Plaza is the 471st tallest building in the world, the 58th tallest building in the United States and the 2nd tallest building in Atlanta. The light rotates. History Architect and developer John C. Portman Jr. or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Commerce Financial
National Bank of Commerce was an American bank headquartered in Memphis, Tennessee, until it was taken over by SunTrust Banks in 2005. History Bank of Commerce & Trust began in 1873. Its limestone Classical Revival building was built in 1929. The 31-story One Commerce Square was completed in 1973 and has also been called the NBC Building and the SunTrust Building. In 1982, when Thomas M. Garrott became president of National Bank of Commerce and its parent company National Commerce Bancorporation (NCBC), NBC had 24 branches in Memphis. In 1985, NCBC made an arrangement with Kroger, which resulted in NBC branches being located inside grocery stores in Tennessee, Kentucky, Missouri, Arkansas, Mississippi and Alabama. The first in-store branch opened in Germantown, Tennessee, later that year. During 1985 and 1986, NBC entered the Nashville, Tennessee, and Knoxville, Tennessee, markets under the names "Nashville Bank of Commerce" and "NBC Knoxville Bank". By 1988, NBC had 48 branch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crestar Bank
Crestar Bank was a bank headquartered in Richmond, Virginia with branches in DC, Virginia and Maryland. It was the leading subsidiary of Crestar Financial Corporation. In 1998, it was acquired by SunTrust Banks. At that time, it was the largest independent bank in Virginia. History The bank was originally chartered as State Planters Bank of Commerce and Trusts on December 8, 1865 in Richmond. In 1926, State Planters Bank of Commerce and Trusts merged with State & City Bank and Trust Co. and was renamed State Planters Bank and Trust Co. In 1969, it was renamed United Virginia Bank/State Planters. It reorganized as a holding company, United Virginia Bankshares, in 1971, which changed its name to Crestar Financial Corporation in 1987. In 1991, the bank acquired $527 million in deposits of Heritage Savings Bank for $2.35 million after it was seized by the Resolution Trust Corporation during the savings and loan crisis. In 1992, the bank acquired Perpetual Savings Bank for $7.8 mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orlando, Florida
Orlando ( ) is a city in and the county seat of Orange County, Florida, United States. The city proper had a population of 307,573 at the 2020 census, making it the fourth-most populous city in Florida behind Jacksonville, Florida, Jacksonville, Miami, and Tampa, Florida, Tampa and the state's most populous inland city. Part of Central Florida, it is the center of the Greater Orlando, Orlando metropolitan area, which had a population of 2.67 million in 2020. It is the sixth-largest metropolitan area in the Southern United States and the third-largest metropolitan area in Florida behind Miami metropolitan area, Miami and Tampa Bay area, Tampa Bay. Orlando is one of the most-visited cities in the world primarily due to tourism, major events, and convention traffic. It is the fourth-most visited city in the U.S. after New York City, Miami, and Los Angeles, with over 3.5 million visitors as of 2023. Orlando International Airport is the List of the busiest airports in the United Stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joel Hurt
Joel Hurt (1850–1926) was an American businessman. He was the president of Trust Company of Georgia, and a developer in Atlanta. He was one of the many founders of SunTrust Bank. Early life Hurt was born on July 31, 1850, in Hurtsboro, Alabama, to Lucy Apperson Long (1822–1915) and Joel Hurt, Sr. (1813–1861). The town was originally named Hurtville for Joel Hurt, Sr. He grew up in the Joel Hurt House. After attending Auburn Methodist College in Auburn, Alabama, for one year, he then enrolled at the University of Georgia in Athens, graduating in 1871 with a degree in civil engineering. Career He began his career in the railroad business, surveying first in the western United States the rail bed that became the Atchison, Topeka and Santa Fe. He also surveyed a small spur off the Richmond and Danville line to Athens, Georgia. In 1875, Hurt moved to Atlanta, where he organized the Atlanta Building and Loan Association, which he ran for thirty-two years. He also co-foun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richmond, Virginia
Richmond ( ) is the List of capitals in the United States, capital city of the Commonwealth (U.S. state), U.S. commonwealth of Virginia. Incorporated in 1742, Richmond has been an independent city (United States), independent city since 1871. The city's population in the 2020 United States census was 226,610, up from 204,214 in 2010, making it Virginia's List of cities and counties in Virginia#Largest cities, fourth-most populous city. The Greater Richmond Region, Richmond metropolitan area, with over 1.3 million residents, is the Commonwealth's Virginia statistical areas, third-most populous. Richmond is located at the Atlantic Seaboard fall line, James River's fall line, west of Williamsburg, Virginia, Williamsburg, east of Charlottesville, Virginia, Charlottesville, east of Lynchburg, Virginia, Lynchburg and south of Washington, D.C. Surrounded by Henrico County, Virginia, Henrico and Chesterfield County, Virginia, Chesterfield counties, Richmond is at the intersection o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlanta
Atlanta ( ) is the List of capitals in the United States, capital and List of municipalities in Georgia (U.S. state), most populous city in the U.S. state of Georgia (U.S. state), Georgia. It is the county seat, seat of Fulton County, Georgia, Fulton County and extends into neighboring DeKalb County, Georgia, DeKalb County. With a population of 520,070 (2024 estimate) living within the city limits, Atlanta is the eighth most populous city in the Southeastern United States, Southeast and List of United States cities by population, 36th most populous city in the United States according to the 2020 United States census, 2020 U.S. census. Atlanta is classified as a Globalization and World Cities Research Network#Beta +, Beta + global city and is the principal city of the much larger Atlanta metropolitan area, the core of which includes Cobb County, Georgia, Cobb, Clayton County, Georgia, Clayton and Gwinnett County, Georgia, Gwinnett counties, in addition to Fulton and DeKalb. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
