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SunTrust Treasury & Payment Solutions Division Head Promoted

PRNewswire-FirstCall
ATLANTA
Nov 28, 2007

SunTrust Banks, Inc. has promoted David Fuller, Division Manager of SunTrust Treasury & Payment Solutions, to Executive Vice President.

Mr. Fuller's responsibilities include directing the bank's efforts related to wholesale deposits and all treasury management, commercial card, and merchant services.

"This move is a clear reflection of David's leadership of this important segment of our business and his contribution to its development," said SunTrust Corporate Executive Vice President Bill Rogers, head of the Company's Wealth and Investment Management, Mortgage, and Corporate and Investment Banking lines of business. "It's a dynamic time to be in the payments business, and with David's expertise and oversight, we will be at the forefront of helping clients address the challenges they are facing and ultimately contribute to the success of their organizations."

SunTrust's Treasury & Payment Solutions division provides a complete range of integrated treasury solutions to help clients effectively manage their payables, receivables, and cash position. These solutions enable companies of all sizes to better navigate today's complex payments environment, overcome time and staffing constraints, and implement appropriate financial and operational controls. Reflecting SunTrust's strong commitment to quality, the bank's treasury solutions recently received A or A+ ratings in 17 out of 18 product categories, as well as high marks for client services and knowledgeable specialists, according to a Phoenix-Hecht middle market survey. SunTrust is also a top 10 commercial card issuer, a 2007 Greenwich Award winner for distinctive cash management, and one of the top 10 largest cash management providers in the United States.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2007, SunTrust had total assets of $175.9 billion and total deposits of $115.9 billion. The Company operates an extensive branch and ATM network throughout the high- growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, treasury and payment solutions, and trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.

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SOURCE: SunTrust Banks, Inc.

CONTACT: Hugh Suhr of SunTrust Banks, Inc., +1-404-827-6813