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2005 Archives

Dec 23, 2005

SunTrust Banks, Inc. announced today that it will release fourth quarter/full year results prior to the market opening on Wednesday, January 18, 2006. SunTrust management will host a conference...

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Dec 23, 2005
Community Development Efforts also Recognized by Bank Enterprise Award Program

SunTrust Banks, Inc., received an "Outstanding" Community Reinvestment Act (CRA) rating from the Federal Reserve Bank of Atlanta (FRB) in its latest examination of the bank. It is the highest CRA...

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Dec 15, 2005

First Mercantile today announces the launch of a significantly expanded and redesigned web site, accessible at www.firstmerc.com. The web site reflects the company's new corporate image and logo....

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Dec 13, 2005

SunTrust Bank announced today it has increased its prime lending rate to 7.25% from 7.00%, effective December 13, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Dec 7, 2005

SunTrust Banks, Inc. announced today that it has selected masius as its Business-to-Business Communications Agency, which will encompass strategic communications responsibilities for its...

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Dec 5, 2005
Acquisition Enhances SunTrust Position in Key Markets

SunTrust Banks, Inc. today announced that it has signed a definitive agreement with Community Bank of Florida under which SunTrust will acquire 11 of Community Bank's in-store branches in Wal-Mart...

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Dec 2, 2005

SunTrust Banks, Inc. will present at the Goldman Sachs Financial Services CEO Conference on Monday, December 5, 2005 at noon Eastern Time. L. Phillip Humann, chairman and chief executive officer...

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Nov 22, 2005

SunTrust Banks, Inc. announced today that it has selected Y&R as its new Lead Agency, which will encompass advertising and integrated brand communications responsibilities. The decision follows a...

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Nov 18, 2005

Douglas S. Phillips, President and Chief Investment Officer of Trusco Capital Management, Inc., has announced his decision to retire from Trusco effective December 31, 2005, after nearly 32 years...

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Nov 17, 2005
Company is the First Bank Among 24 Major Employers to Participate in Program

SunTrust Banks, Inc. and AARP today announced that SunTrust has joined AARP's Featured Employers program to help Americans aged 50 and over remain in the workforce as desired. The announcement was...

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Nov 16, 2005
Move Reflects Company's Focus on High-Growth Banking Markets

SunTrust Banks, Inc. today announced it will significantly expand its presence in the high-growth Charleston, S.C. market. In line with those plans, SunTrust said it is in the process of filing...

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Nov 16, 2005
Also Appointed: Michael Holden, Chief Operating Officer; Michael Zeuner, Chief Strategy and Innovation Officer

Asset Management Advisors LLC (AMA) today announced that Maria Elena Lagomasino has been named Chief Executive Officer. Ms. Lagomasino was most recently Chairman and Chief Executive Officer of JP...

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Nov 14, 2005

SunTrust Banks, Inc. will present at the Merrill Lynch Banking & Financial Services Conference on Wednesday, November 16, 2005 at 8:50 a.m. Eastern Time. L. Phillip Humann, chairman and chief...

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Nov 14, 2005

SunTrust Banks, Inc. today announced that Brian E. Szabo has been named manager of its Corporate Strategies Unit, and David G. Bilko has been promoted to General Auditor, succeeding Mr. Szabo. In...

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Nov 9, 2005
Portion of Cards' Proceeds to Benefit Usher's New Look Foundation

SunTrust Banks, Inc. announced today the introduction of two new Visa Gift cards available exclusively at SunTrust. The new Usher "In the Mix" and "Truth Tour" Visa Gift cards are prepaid debit...

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Nov 8, 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 December 15, 2005 to shareholders of record on...

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Nov 2, 2005

SunTrust Banks, Inc. will present at the BancAnalysts Association of Boston 2005 Conference on Friday, November 4, 2005 at 7:30 a.m. Eastern Time. L. Phillip Humann, chairman and chief executive...

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Nov 2, 2005

As part of our commitment to assist investment consultants in helping their retirement plan clients meet their retirement goals, First Mercantile has released a new participant management report....

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Nov 1, 2005

SunTrust Bank announced today it has increased its prime lending rate to 7.00% from 6.75%, effective November 1, 2005. The prime rate is a benchmark used to set interest rates on various forms of...

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Oct 31, 2005

SunTrust Banks, Inc. will present at the Ryan Beck & Co. Annual Financial Institutions Investor Conference on Wednesday, November 2, 2005 at 11:10 a.m. Eastern Time. Gene Kirby, corporate...

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Oct 20, 2005

First Mercantile announces the appointment of Rick Hansen as National Sales Director and First Vice President. In this position, Hansen assumes responsibility for managing the First Mercantile...

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Oct 18, 2005
Loan and Fee Income Growth Drive Another Quarter of Strong Results

SunTrust Banks, Inc. today reported net income for the third quarter of 2005 of $510.8 million, as compared to $368.8 million generated during the third quarter of 2004. Net income per diluted...

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Oct 17, 2005

On Wednesday, October 19, 2005, students and job seekers with disabilities are expected to commemorate Disability Mentoring Day by participating in mentoring and recruiting activities at 18...

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Oct 17, 2005

SunTrust Mortgage, Inc. is pleased to announce that Martha R. Simmons, executive vice president and national retail production manager, has been named by U.S. Banker as one of "25 Women to Watch,"...

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Oct 5, 2005

SunTrust Banks, Inc. and the U.S. Army Community and Family Support Center today announced that SunTrust has joined The Army Spouse Employment Partnership to provide enhanced employment and...

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