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2005 Archives

Sep 28, 2005

SunTrust Banks, Inc. announced today that it will release third quarter results prior to the market opening on Tuesday, October 18, 2005. SunTrust management will host a conference call on October...

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Sep 20, 2005

SunTrust Bank announced today it has increased its prime lending rate to 6.75% from 6.50%, effective September 20, 2005. The prime rate is a benchmark used to set interest rates on various forms...

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Sep 16, 2005

SunTrust Banks, Inc. will present at the Bank of America 35th Annual Investment Conference on Monday, September 19, 2005 at 4:30 p.m. Pacific Time (7:30 p.m. Eastern Time). Mark A. Chancy,...

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Sep 16, 2005

SunTrust Banks, Inc. has announced a transition in the leadership of its banking units based in Washington, D.C. and Atlanta, two of SunTrust's highest profile and highest growth markets. The...

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Sep 12, 2005

SunTrust Banks, Inc. will present at the Lehman Brothers 2005 Financial Services Conference on Tuesday, September 13, 2005 at 9:25 a.m. Eastern Time. L. Phillip Humann, chairman and chief...

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Sep 2, 2005
Three-Pronged Effort Includes Special Fund to Support Relocated Victims

SunTrust Banks, Inc. said its Hurricane Katrina Relief Program includes: - A direct contribution of $100,000 to the American Red Cross Hurricane Katrina Relief Fund to support immediate disaster...

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Aug 30, 2005

First Mercantile, a leading provider of corporate retirement plans, is pleased to announce the addition of Russell LifePoints Funds, Target Date Series, to its investment platform available...

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Aug 10, 2005
Long-Service Executive to Retire at Year-End

SunTrust Banks, Inc. today said that that Carl F. Mentzer will retire on December 31, 2005 as the Company's Chief Credit Officer following a 27-year SunTrust career. SunTrust said it has retained...

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Aug 9, 2005

SunTrust Bank announced today it has increased its prime lending rate to 6.50% from 6.25%, effective August 9, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Aug 9, 2005

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.55 per common share. The dividend is payable on September 15, 2005 to shareholders of record...

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Aug 4, 2005

SunTrust Mortgage, Inc. was ranked "Highest in Customer Satisfaction among Mortgage Servicing Companies" according to a recent study conducted by J.D. Power and Associates. More than 40 national...

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Jul 29, 2005

SunTrust Banks, Inc. has been recognized as a "5-Star Supporter" of the National Guard and Reserves. This "5-Star" Statement of Support presented by the Employer Support of the Guard and Reserve...

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Jul 21, 2005

SunTrust Banks, Inc. has added an online cash management service specifically designed for the special needs of small and mid-sized businesses. SunTrust Online Cash Manager is an easy-to-use...

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Jul 19, 2005
Positive Operating Trends Continue, Fueled By Strong Loan and Deposit Growth

SunTrust Banks, Inc. today reported net income for the second quarter of 2005 of $465.7 million, up from $386.6 million in the second quarter of 2004. Net income per diluted share was $1.28, down...

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Jun 30, 2005

SunTrust Bank announced today it has increased its prime lending rate to 6.25% from 6.00%, effective June 30, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Jun 23, 2005

SunTrust Banks, Inc. announced today that it will release second quarter results prior to the market opening on Tuesday, July 19, 2005. SunTrust management will host a conference call on July 19,...

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Jun 22, 2005

Fleet One, L.L.C. announced today that it has renewed and expanded contractual relationships with 3 strategic merchant partners. Fleet One agreed to a 3-year contract extension with Louisville,...

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Jun 13, 2005

SunTrust Banks, Inc. today announced a series of enhancements to its Web site, suntrust.com, that allow customers and site visitors to more quickly and easily obtain account, product and other...

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Jun 8, 2005
New Brokerage Unit Combines SunTrust Securities and Alexander Key Investments

SunTrust Banks, Inc. announced today the formation of SunTrust Investment Services, a new full- service broker affiliate which integrates two existing SunTrust subsidiaries, SunTrust Securities...

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May 16, 2005

SunTrust Banks, Inc. announced today that veteran Nashville banker Robert E. McNeilly, III has been named chairman, president and CEO of SunTrust Bank, Nashville. In this capacity, Mr. McNeilly,...

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May 6, 2005

SunTrust Banks, Inc. will present at the UBS 2005 Global Financial Services Conference on Monday, May 9, 2005 at 4:20 p.m. Eastern Time. Mark A. Chancy, corporate executive vice president and...

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May 3, 2005

SunTrust Bank announced today it has increased its prime lending rate to 6.00% from 5.75%, effective May 3, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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May 3, 2005

Nextel Communications and SunTrust Banks, Inc. today announced their sponsorship and preliminary plans for a two-day premiere fundraising event to be held in Nashville, Tennessee on January 13th...

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Apr 29, 2005

SunTrust Banks, Inc. said today it has successfully completed the conversion of former National Commerce Financial Corporation (NCF) branches and customer accounts into the SunTrust banking...

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Apr 19, 2005

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.55 per common share. The dividend is payable on June 15, 2005 to shareholders of record on...

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