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2001 Archives

May 22, 2001

SunTrust Banks, Inc. announced that DavCo Restaurants, Inc. of Baltimore, MD has selected SunTrust Retirement Services to manage its $8 million in 401(k) plan assets. Replacing services previously...

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May 15, 2001

SunTrust Bank announced today it has lowered its prime lending rate to 7.00 % from 7.50 %, effective May 16, 2001. The prime rate is a benchmark used to set interest rates on various forms of...

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May 14, 2001
The new SunTrust R-H Securities Offers Enhanced Investment Banking and Equity Capital Markets Services to SunTrust's Corporate Clients

SunTrust Banks, Inc. and Citigroup Inc. announced today the signing of a definitive agreement under which SunTrust will purchase the institutional business of The Robinson- Humphrey Company, LLC...

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May 7, 2001

SunTrust Banks, Inc. announced that LodgeNet Entertainment Corporation -- a leading provider of interactive television services including video on-demand, network based Nintendo video games, cable...

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Apr 26, 2001

SunTrust Banks, Inc. will present at the Morgan Stanley -- Financial Services Conference in Laguna Nigel, California on Monday, April 30 at 12:55 p.m. eastern daylight time (or 9:55 a.m. pacific...

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Apr 23, 2001

ATLANTA, April 23 /PRNewswire Interactive News Release/ -- SunTrust Banks, Inc. announced that Unison Industries -- a world leader in the design and manufacture of electrical components, sensors,...

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Apr 18, 2001

SunTrust Banks, Inc. announced today it has lowered its prime lending rate to 7.50 % from 8.00 %, effective April 19, 2001. The prime rate is a benchmark used to set interest rates on various...

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Apr 17, 2001

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.40 per common share. The dividend is payable on June 15, 2001 to shareholders of record at the...

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Apr 17, 2001

SunTrust Banks, Inc. announced that S & K Famous Brands Menswear, one of the largest publicly held men's clothing stores in the country with over 200 stores in 27 states, has selected SunTrust...

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Apr 16, 2001

SunTrust Banks, Inc. announced today the acquisition of Asset Management Advisors, a specialized wealth management firm located in Jupiter, FL. The company will continue to operate under its own...

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Apr 11, 2001

SunTrust Banks, Inc. today reported net income for the first quarter of 2001 of $337.5 million or $1.14 per diluted share, up 10% from the $1.04 per diluted share earned in the first quarter of...

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Apr 6, 2001

SunTrust Banks, Inc. (NYSI: STI) will present at the Robinson-Humphrey 30th Annual Institutional Conference in Atlanta on Monday, April 9 at 2:10 p.m. eastern standard time. L. Phillip Humann,...

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Apr 5, 2001

SunTrust Banks, Inc. today announced that SunTrust Retirement Services, a division of SunTrust Bank, has added three new fund partners to its 401(k) product line. Clients will now have additional...

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Apr 4, 2001

SunTrust Banks, Inc. announced today that it will release first quarter results prior to the market opening on Wednesday, April 11, 2001. SunTrust management will host a conference call to discuss...

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Mar 29, 2001

SunTrust Banks, Inc. will present at the Putnam Lovell Securities Inc. Annual Financial Services Conference in New York on Monday, April 2, 2001 at 2:30 p.m. eastern standard time. SunTrust's...

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Mar 21, 2001

SunTrust Bank announced today it has lowered its prime lending rate to 8.00 % from 8.50 %, effective immediately. The prime rate is a benchmark used to set interest rates on various forms of...

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Mar 20, 2001

SunTrust Banks, Inc. announced today that as of February 28, 2001 it had acquired more than 475,000 Internet and PC banking customers representing 25 percent of all SunTrust checking account...

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Mar 9, 2001

SunTrust Banks, Inc. will make a presentation at the Bank & Financial Analysts Association Annual Banking Symposium in New York on Tuesday, March 13, 2001 at 8:00 a.m. eastern standard time....

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Mar 6, 2001

On Sunday, March 11, SunTrust Banks, Inc. will launch a new integrated branding campaign designed to distinguish the bank from both large and small bank competitors. The campaign includes print,...

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Mar 1, 2001

SunTrust Banks, Inc. will make a presentation at Raymond James & Associates 2001 Institutional Investors Conference on March 5, 2001 at 8:05 am, eastern standard time. SunTrust management's...

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Feb 26, 2001

SunTrust Banks, Inc. announced today that Gary Peacock, Jr. has been named Director of Investor Relations and Corporate Communications. Mr. Peacock succeeds Eugene S. Putnam, Jr. who has announced...

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Feb 13, 2001

The Board of Directors of SunTrust Banks, Inc. today announced an 8.1% dividend increase. A quarterly cash dividend of $.40 per common share was declared payable on March 15, 2001 to shareholders...

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Feb 1, 2001

SunTrust Bank announced today it has lowered its prime lending rate to 8.50 % from 9.00 % effective immediately. The prime rate is a benchmark used to set interest rates on various forms of...

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Jan 23, 2001

SunTrust Banks, Inc. announced today that E. Michael Westerman has been named Chief Technology Officer for the company. Westerman will have direct supervisory responsibility for all technical...

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Jan 19, 2001

SunTrust Banks, Inc., will make a presentation at Salomon Smith Barney's Annual Financial Services Conference on January 24, 2001 at 8:15 a.m., eastern standard time. Management's presentation...

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