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SunTrust Names Sandra Jansky Senior Credit Officer

PRNewswire-FirstCall
ATLANTA
Apr 18, 2002

SunTrust Banks, Inc. announced today that Sandra W. Jansky has been named Executive Vice President and Senior Credit Officer, a new executive management position at the Company.

In her new capacity, Ms. Jansky will assume Company-wide oversight of the full range of credit-related functions including credit policy, credit administration, credit and capital markets risk analysis, special assets and loan review.

Ms. Jansky will report to Theodore J. Hoepner, Vice Chairman, and has also been named a member of SunTrust's Management Committee, the Company's senior internal forum for business and policy coordination. Previously, Ms. Jansky was Senior Vice President & Managing Director in SunTrust's Corporate & Investment Banking line of business.

Mr. Hoepner noted that the decision to create a senior credit officer post at SunTrust is consistent with other moves to enhance standardization of key functions at SunTrust following the Company's move to a single bank charter in 1999. He added that this development is not a direct response to any immediate credit issue or recent trend.

"While today's industry focus on credit quality underscores the importance of this function at banks, the fact is that SunTrust has a long history of superior credit quality," he said. He added that even during the current period of economic weakness, SunTrust's credit quality measures compare favorably with peer banks and industry standards.

Ms. Jansky joined SunTrust in 1981. She has 35 years commercial banking experience including corporate and investment banking, commercial real estate lending, loan review and credit risk management. Ms. Jansky is slated to become Chairman of the Risk Management Association (RMA), the banking industry's preeminent forum for credit issues, on September 1, 2002.

SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is one of the nation's largest commercial banking organizations. As of March 31, 2002, SunTrust had total assets of $106.2 billion and total deposits of $69.5 billion. The company operates through an extensive distribution network in Alabama, Florida, Georgia, Maryland, Tennessee, Virginia and the District of Columbia and also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the company provides credit cards, mortgage banking, insurance, brokerage and capital markets services. SunTrust's Internet address is http://www.suntrust.com/ .

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SOURCE: SunTrust Banks, Inc.

Contact: Barry Koling of SunTrust Banks, Inc., +1-404-230-5268