SunTrust Bank

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank, providing a wide range of financial services to consumers, businesses, corporations, institutions, and not-for-profit entities in the United States. The company is divided into two primary segments: Consumer and Wholesale. The Consumer segment offers services such as deposits, payments, home equity lines, personal loans, credit cards, and brokerage products, along with residential mortgage offerings. The Wholesale segment focuses on capital markets solutions, asset-based financing, investment banking, and cash management services, including treasury and payment solutions. SunTrust delivers its products through traditional and in-store branches, ATMs, and various digital banking channels. Founded in 1891 and headquartered in Atlanta, Georgia, SunTrust operated 1,218 full-service banking offices across several states as of December 31, 2018. In 2019, SunTrust was acquired by BB&T Corporation, subsequently merging to form Truist, the sixth-largest U.S. bank holding company.