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2017 Archives

Dec 28, 2017

SunTrust Banks, Inc. (NYSE: STI) is taking a series of actions to invest savings from tax reform in supporting the financial wellness of its workforce and communities. "The anticipated benefits...

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Dec 13, 2017

Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 4.50% from 4.25%, effective December 14,...

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Dec 12, 2017

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release fourth quarter 2017 results on Friday, January 19, 2018. SunTrust management will host a conference call that morning and...

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Dec 11, 2017

SunTrust Banks, Inc. (NYSE: STI) announced today that it has officially launched Zelle, giving the bank's Consumer Online and Mobile Banking clients access to a new payments network to quickly and...

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Dec 4, 2017

SunTrust Banks, Inc. (NYSE: STI) today announced it has finalized the sale of the company's commercial lines insurance premium finance subsidiary, Premium Assignment Corporation (PAC), to IPFS...

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Nov 21, 2017

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Goldman Sachs US Financial Services Conference in New York on Wednesday, December 6, 2017. Time: 8:00 a.m. (ET)...

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Nov 16, 2017

Dozens of progressive companies are now offering financial well-being programs to promote financial confidence among their employees and more employers are looking to add the programs to their...

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Nov 16, 2017

SunTrust Banks, Inc. (NYSE: STI) today announced that Steve Voorhees has been appointed to its board of directors, effective January 1, 2018. "We welcome Steve to the board," said William H....

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Nov 15, 2017

The board of directors of SunTrust Banks, Inc. (NYSE: STI) has declared a regular quarterly cash dividend of $0.40 per common share. The dividend is payable on December 15, 2017, to common...

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Nov 8, 2017
Forty-three percent feel pressured to spend more than they can afford this season

Nearly 7 in 10 Americans (69 percent) said they would skip exchanging gifts this holiday season if their friends and family agreed to it, according to a new survey conducted online by Harris Poll...

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Oct 23, 2017

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the BancAnalysts Association of Boston Conference in Boston on Thursday, November 2, 2017. Time: 3:50 p.m. (ET) Presenter:...

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Oct 20, 2017
Solid Revenue Growth, Improved Efficiency & Returns, and Higher Capital Returns Result in Strong 16% Year-over-Year EPS Growth

SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $512 million, or $1.06 per average common diluted share. This compares to $1.03 for the prior quarter and...

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Oct 19, 2017
Thousands help online lending company with goal to plant 10,000 trees in October

In just five hours overnight on October 18, Times Square was transformed from a concrete jungle into a woodland paradise by LightStream, the national online lending division of SunTrust Bank....

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Oct 10, 2017
Online division of SunTrust Bank will plant a tree for first 10,000 event participants

Visitors to the concrete jungle of New York's Times Square will be surprised when they find it transformed into a beautiful woodland oasis, a "Forest of Dreams," on October 18. The lush forest,...

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Oct 10, 2017

The SunTrust Foundation announced today it has committed $220,000 in support of Hurricane Irma disaster relief efforts, with grants directed to nonprofit organizations in Florida who continue to...

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Oct 6, 2017

SunTrust Banks, Inc. (NYSE: STI) will now pay most* data usage charges for AT&T Wireless customers using its mobile banking app. This service is available to AT&T Wireless and AT&T PREPAID...

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Sep 25, 2017
SunTrust Foundation also will host Financial Well-Being Summits with select winners in local markets

Expanding the impact of the Lighting the Way Awards in their second year, the SunTrust Foundation today announced 30 nonprofit organizations will receive grants to further their local efforts to...

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Sep 25, 2017

SunTrust Banks, Inc. (NYSE: STI) today announced it has reached a definitive agreement to sell the company's commercial lines insurance premium finance subsidiary, Premium Assignment Corporation...

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Sep 20, 2017
Robert Weiss to Lead Northeast Wealth Management Team

SunTrust Banks, Inc. (NYSE: STI) is establishing a Private Wealth Management office in New York City. Robert Weiss, a 25-year veteran of the wealth management industry, will lead the Northeast...

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Sep 14, 2017

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release third quarter 2017 results on Friday, October 20, 2017. SunTrust management will host a conference call that morning and...

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Sep 11, 2017

The SunTrust Foundation announced today it will commit a total of $500,000 to various disaster relief and recovery efforts in support of the communities and businesses impacted by Hurricane Irma....

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Aug 28, 2017

Today, the SunTrust Foundation announced a $100,000 grant to the American Red Cross to assist the thousands of Southeast Texas residents impacted by the flash floods and destruction left in the...

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Aug 21, 2017

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Barclays Global Financial Services Conference in New York on Tuesday, September 12, 2017. Time: 11:15 a.m. (EDT)...

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Aug 18, 2017

SunTrust Banks, Inc. (NYSE: STI) will host the onUp on tour August 24 at the recently opened SunTrust Financial Confidence Center at the Crosstown Concourse development in Memphis. SunTrust...

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Aug 16, 2017
SunTrust Deals gives card users additional ways to earn cash back

SunTrust Banks, Inc. (NYSE: STI) credit and debit card clients now have more ways to earn cash back on their purchases through SunTrust Deals. SunTrust Deals is a personalized program that offers...

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