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The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. [1] [8] [9] Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services. [3]
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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. [2] The bank's most direct corporate parent was established in 1891 in Atlanta , where it was headquartered.
The CCB sign on top of the building would come down. [14] SunTrust CEO Phillip Humann said SunTrust would keep CCB's community focus. [15] After making a deal to move in November 2006 to the Diamond View office development elsewhere in downtown Durham, SunTrust sold the Hill Building to Greenfire Development for $4.1 million in July 2006.
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