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SunTrust Banks, Inc.
USINFO | 2013-08-20 13:43
SunTrust operates 1,659 bank branches and 2,899 ATMs across Southern states, including Alabama, Arkansas, Florida,Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and Washington, D.C.
The bank's offerings include retail and commercial banking, as well as trust services, mortgage banking, credit cards, mutual funds, insurance, equipment leasing, asset management, and securities underwriting and dealing.
Credit cards
On December 12, 2006, it was announced that SunTrust signed an agreement with InfiCorp Holdings of Atlanta to manage SunTrust's consumer credit card portfolio. The portfolio had been managed under an agreement with MBNA Corporation since 1999, but MBNA was acquired by SunTrust's competitor Bank of America on June 30, 2005. SunTrust will retain the option to purchase card assets from InfiCorp if it desires to add to its own loan portfolio . InfiCorp Holdings is a subsidiary of First National of Nebraska.
