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Headquarters:
303 Peachtree Street NE Website: http://www.suntrust.com SunTrust is one of the nation's largest banks. The company operates 1,685 retail branches and 2,533 ATMs in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, West Virginia, and the District of Columbia. In addition, SunTrust provides customers with a full range of technology-based banking channels, including Internet, PC, and Automated Telephone Banking. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries, the company also provides credit cards, mortgage banking, insurance, brokerage, and capital markets services. As of June 2007, SunTrust had total assets of $180.3 billion and deposits of $122.9 billion. In 2006, the company had net income of $2.1 billion and total revenue of $13.3 billion. In August, SunTrust announced it will eliminate 2,400 primarily non-customer contact employee positions by the end of 2008, History 1811- Farmers Bank of Alexandria (Va.), SunTrust's earliest predecessor bank, is granted a charter by Congress on February 16, 1811. (Farmers Bank was a forerunner of Crestar Financial Corporation, which was acquired by SunTrust in 1998.) 1893- The Commercial Travelers' Savings Bank, which was founded in Atlanta in 1891 and focused on trust and investment banking services, changes its name to Trust Company of Georgia. 1919- Trust Company of Georgia provides underwriting services to The Coca-Cola Company and receives some of the company's first publicly traded stock for its services. Through dividend reinvestment and stock splits, SunTrust now owns 48.3 million shares of The Coca-Cola Company. 1985- Trust Company of Georgia and SunBanks, Inc. merge to form SunTrust Banks, Inc. on July 1. The banks continue operating under the Trust Company and SunBank names in their respective markets. 1986- SunTrust acquires Third National Corporation, the second-largest bank holding company in Tennessee on December 29. 1995- SunBank, Trust Company and Third National banking units adopt the SunTrust name. Benefits - Medical Insurance - Life Insurance - Companyobserved Holidays - 10 holidays
per year - 401(k) Plan - You are eligible
as soon as you join SunTrust and you may enroll at any time after
your hire date. You may elect pretax contributions up to 20%
of your pay. Each time you contribute to the 401(k) plan, SunTrust
will match your contributions dollar for dollar on your first
3% contributed, and 50 cents on each dollar on the next 2% contributed.
You will be 100% vested in the Company's match as soon as it
is allocated. Updated August 21, 2007 |