SunTrust Bank is a large bank that offers a wide range of personal and business banking products and services. The bank also provides commercial and small business financing solutions, as well as wealth management services for institutional and individual investors.
SunTrust’s personal banking side offers deposit accounts, retirement products, and home equity lines to meet its customers’ needs. The bank’s checking account options all come with monthly fees that can be waived through meeting certain requirements. A specialty checking account option is also available and offers discounted insufficient funds fees and automatic overdraft prevention. Savings and money market account options also come with monthly maintenance fees that can be waived by meeting certain requirements. Both types of accounts offer higher interest rates as account balances meet higher thresholds. Certificates of deposit (CDs) and flexible CDs are available in term lengths from 7 days to 10 years. SunTrust has been recognized by DepositAccounts in the past for its CD offerings.
SunTrust online banking provide consumers with access to their accounts via a sophisticated web-based system. Bill Pay, online statements, fund transfers, and mobile banking apps are all features of the Internet platform and make it easy and convenient to accomplish various account management tasks. The bank has also released a secure mobile app that allows customers to access to their accounts via smartphone or tablet device.
SunTrust was originally established as the Trust Company of Georgia in 1891. Over a hundred years later it changed its name to SunTrust and maintained its headquarters in Atlanta, Georgia, where they remain to this day. SunTrust serves its customers through numerous branches across the Southeast and Atlantic regions.
IF THE NEW ATM'S THAT ARE BEING PLACED @ SUN TRUST BANKS AND ARE OWNED AND OPERATED BY BRINKS, YES BRINKS , NOT SUN TRUST, IF THESE ATM'S MALFUNCTION AND EAT YOUR DEPOSIT, IT CAN TAKE UP TO 2 WEEKS TO GET THE ISSUE RESOLVED. IT IS A NIGHTMARE THAT I AM IN THE MIDDLE OF RIGHT NOW. THE ATM'S ARE MANUFACTURED BY NCR AND EVEN THOUGH WHEN YOU PULL UP TO ONE THE SCREEN READS WELCOME TO SUNTRUST, IT DOES NOT SAY , WELCOME TO BRINKS, AND WHEN FINISHED IT READS, THANK YOU FOR BANKING WITH SUN TRUST, SHOULD BE SUN NO TRUST !!! AFTER THE ATM ATE MY CASH DEPOSIT ON MEMORIAL DAY, 05/28/2012, @ 1645 BRADLEY PARK DRIVE, COLUMBUS, GA., I WAS TOLD BY JASON @ THIS BRANCH ON TUESDAY, 05/29/2012, THAT THE ATM IS OWNED AND OPERATED BY BRINKS AND THAT THEY ONLY COME TO MAINTAIN AND EMPTY THE ATM ONCE PER WEEK, AND I WOULD HAVE TO COME IN AND SIGN A DISPUTE FORM AND AN INVESTIGATION WOULD HAVE TO BE DONE AND IT COULD TAKE UP TO ONW WEEK, BUT WAS USUALLY RESOLVED IN A COUPLE OF DAYS. SO I WAITED A COUPLE OF DAYS AND CALLED THE 1-800 # THAT HANDLES THE INVESTIGATIONS, WHICH I WAS TOLD THAT IT WAS BEING PROCESSED AND COULD TAKE UP TO 2 WEEKS. OMG !!! YOU CAN NOT TELL ME THAT THESE PEOPLE DO NOT KNOW EXACTLY WHAT IS IN THESE ATM'S AT ANY GIVEN MOMENT !!! I WILL NEVER USE AN ATM FOR A DEPOSIT AGAIN, AND I CAN ASSURE YOU THAT AS SOON AS THIS MATTER IS RESOLVED, I WILL BE LOOKING ELSEWHERE FOR MY BANKING NEEDS !!!
I am very new to Sun Trust Bank. I bought a condo in Fla. and wanted to open a Bank Account with a local bank which happened to be Sun Trust. At First it was a pleasure working with this bank as long as the banking does not become complicated and needs comunication between departments on policy proceedures concerning accounts, then it became a nightmare for me and it continues. The communiction between bank customer representatives is totally unacceptable and has actually made me ill when I am told one thing by one Sun Trust Customer Representative and then it is totally contradicted by another Sun Trust Bank Customer representative. I need a Bank that works well with its customers and so far I have not found that to be true with Sun Trust Bank. RC in Vermont
I have a personal account and a business account at SunTrust Bank and have been extremely happy with the service. The staff is friendly and most accomodating. I use bill pay and am totally comfortable with the easy to use web site. I also have my mortgage thru SunTrust and getting the mortgage was an easy call to the loan officer who was sharp and business smart - 15 year loan at a great rate. I would recommend SunTrust to all my friends and family.
In Dec of 2013, my father opened a checking
account, using their web site. He asked for checks & a debit card. My father is over 80 yrs old. I was going to be beneficiary, on the account. SunTrust called my father on the phone and asked him several questions. He apparently got confused, and give them different info than we had discussed. They then closed the account, claiming fraud and will not return the money. Only one transaction took place in the account. A deposit of over $10,000. We have gone in and talked with the branch mgr, who passed the buck, saying we had to call an 800 #. That # would just put us on hold, or refer us back to the branch. We were also told the money was still at another bank. Which Wells Fargo says is not true. My elderly father has just given up at this point. So, I'm wondering what to do now. Any suggestions?
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 SunTrust Bank had $1.22 billion in non-current loans and owned real-estate with $23.9 billion in equity and loan loss allowances on hand to cover it. This gives SunTrust Bank a Texas Ratio of 5.11% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for SunTrust Bank decreased slightly from 6.89% as of March 31, 2013 to 5.11% as of March 31, 2014, resulting in a positive change of 25.92%.This indicates that the balance sheet and financial strength for SunTrust Bank has improved slightly in recent periods.
In the past year, SunTrust Bank has increased its total deposits by $5.62 billion, resulting in 4.3% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth SunTrust Bank has shown is excellent.
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. SunTrust Bank has $175.46 billion in assets with $23.9 billion in equity, resulting in a capitalization level of 13.62%, which is excellent.
|FDIC Certificate #||867|
|Assets and Liabilities|
|Equity Capital||$21.87 billion|
|Loan Loss Allowance||$2.04 billion|
|Unbacked Noncurrent Loans||$974.77 million|
|Real Estate Owned||$246.16 million|
|Historic Data - March 2013|
|Equity Capital||$21.49 billion|
|Loan Loss Allowance||$2.15 billion|
|Unbacked Noncurrent Loans||$974.77 million|
|Real Estate Owned||$397.78 million|
|Profit Margin - Quarterly|
|Net Interest Margin||3.15%|
|Return on Assets||0.93%|
|Return on Equity||7.46%|
|Interest Income||$1.33 billion|
Always verify rates and promotions with the bank or credit union. We are not SunTrust Bank, we are a rate comparison website and can not provide official rates or promotions.
|0.01%||-||-||Live Solid Savings|
|0.05%||$25k||-||Sun Trust Advantage Money Market|
|0.01%||-||-||Signature Advantage Banking|
|0.01%||-||-||Solid Choice Banking|
|2.00%||$2k||-||66 Month Banker Special Promotional CD|
|1.25%||$2k||-||48 Month Banker Special Promotional CD|
|1.01%||$2k||-||30 Month Banker Special Promotional CD|
|0.25%||$2k||-||12 Month Banker Special Promotional CD|
|0.20%||$2k||-||6 Month Banker Special Promotional CD|
|2.00%||$2k||-||66 Month Banker Special Promotional IRA|
|1.25%||$2k||-||48 Month Banker Special Promotional IRA|
|1.01%||$2k||-||30 Month Banker Special Promotional IRA|
|0.25%||$2k||-||12 Month Banker Special Promotional IRA|