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2018 Archives

Jun 14, 2018
Long-term care communities across the U.S. can now access bank's industry expertise

SunTrust Banks, Inc. (NYSE: STI) announced a nationwide expansion of its Aging Services/Senior Living Industry Practice group, leveraging existing SunTrust Bank and SunTrust Robinson Humphrey,...

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Jun 13, 2018

Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 5.00% from 4.75%, effective June 14, 2018....

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Jun 1, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release second quarter 2018 results on Friday, July 20, 2018. SunTrust management will host a conference call that morning and...

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May 21, 2018
Most popular requests are their own room and a large backyard

When it comes to purchasing a new home, 55 percent of U.S. homeowners with a child under the age of 18 at the time of home purchase say the opinion of their child was a factor in their home buying...

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May 17, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to speak at the Bernstein Strategic Decisions Conference in New York on Wednesday, May 30, 2018. Time: 3:00 p.m. (Eastern Time) Presenter: William H....

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May 14, 2018

Small businesses seeking to capitalize on improved economic conditions are planning to make their social media and online presence a greater priority this year. According to a SunTrust Banks, Inc....

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May 8, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Barclays Americas Select Franchise Conference in London on Tuesday, May 15, 2018. Time: 9:10 a.m. (BST) | 4:10 a.m. (ET)...

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May 1, 2018
SunTrust Foundation $118,000 Grant to Help Homeless Residents Achieve Self-Sufficiency

MIAMI (May 1, 2018) - In support of Chapman Partnership’s mission to empower residents to become self-sufficient, SunTrust Foundation has awarded a grant of $118,000 to fund the new Empower You...

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Apr 30, 2018

SunTrust Banks, Inc. (NYSE: STI) announced that it will sunset the Pillar Financial brand name, effective April 30, 2018. This reflects the full integration of Pillar's capabilities into the...

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Apr 24, 2018

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 June 15, 2018, to common...

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Apr 20, 2018
Addresses potential data threat and broader risk environment

SunTrust Banks, Inc. (NYSE: STI) is now offering Identity Protection for all current and new consumer clients at no cost on an ongoing basis. Experian IDnotify™ will be provided to those who...

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Apr 20, 2018
Continued Efficiency Improvements, Strong Asset Quality, and Benefits from Tax Reform Drive 42% Year-over-Year EPS Growth

SunTrust Banks, Inc. (NYSE: STI) reported net income available to common shareholders of $612 million, or $1.29 per average common diluted share. This compares to $1.48 for the prior quarter,...

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Apr 16, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today the launch of its SmartGUIDE TM Mortgage Application, a digital platform that allows consumers to complete their mortgage application entirely...

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Apr 16, 2018

SunTrust Banks, Inc. (NYSE: STI) has been ranked the highest in customer satisfaction with home equity line of credit (HELOC), according to the 2018 J.D. Power U.S. Home Equity Line of Credit...

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Apr 10, 2018
Annual index reveals the five behaviors of financially confident people

For the first time, there is an index that measures Americans' behaviors about money matters. SunTrust Banks, Inc. (NYSE: STI) today introduced the annual Financial Confidence Index, a measurement...

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Mar 28, 2018
Program provides financial empowerment to more than 5,000 local teachers and employees

ATLANTA (March 28, 2018) – SunTrust Banks, Inc. (NYSE: STI), a pioneer in offering HOPE Inside in its branches, announced today plans to expand the HOPE Inside program to Atlanta Public Schools...

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Mar 27, 2018

As fans look toward the second season of Atlanta Braves baseball at SunTrust Park, SunTrust is unveiling several enhancements and hosting events at The onUp Experience, the interactive...

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Mar 21, 2018

Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 4.75% from 4.50%, effective March 22,...

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Mar 19, 2018
Small and mid-market companies look to new employee benefits and M&A as top strategies

According to the annual Business Pulse Survey by SunTrust Banks, Inc. (NYSE: STI), nearly 50 percent of companies say attracting and retaining employees is their top challenge in 2018. Leaders of...

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Mar 13, 2018

SunTrust Banks, Inc., (NYSE: STI) has named Stan Little president of the SunTrust Foundation, effective March 16. The SunTrust Foundation advances financial well-being while contributing to the...

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Mar 12, 2018

Eighty percent of Americans expecting a tax refund this year plan to save 25 percent or more, according to a new SunTrust Banks, Inc. (NYSE: STI) survey. Other plans for tax refunds include paying...

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Mar 7, 2018

SunTrust Banks, Inc. (NYSE: STI) announced today that it plans to release first quarter 2018 results on Friday, April 20, 2018. SunTrust management will host a conference call that morning and...

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Mar 1, 2018
Homeowners Plan to Spend More--and Sweat More--on Renovations

More than half (58 percent) of homeowners are planning to spend money on home improvement projects in 2018, according to the fifth annual LightStream Home Improvement Survey. LightStream is the...

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Feb 21, 2018

SunTrust Banks, Inc. (NYSE: STI) is scheduled to make a presentation at the Raymond James Institutional Investors Conference in Orlando, Florida on Tuesday, March 6, 2018. Time: 8:05 a.m. (ET)...

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Feb 15, 2018
LIGHTSTREAM LAUNCHES 144-MONTH HOME IMPROVEMENT LOAN TERM

LightStream, the online lending division of SunTrust Bank (NYSE: STI), has extended its home improvement financing terms from a maximum of 84 months to 144 months. The longer terms are available...

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