News Releases
BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time. View Truist Media Relations
BB&T increases prime lending rate
Mar 21, 2018
WINSTON-SALEM, N.C., March 21, 2018 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 4.75 percent from 4.50 percent effective immediately.
About BB&T
BB&T is one of the largest financial services holding companies in the U.S. with $221.6 billion in assets and market capitalization of $38.9 billion as of December 31, 2017. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., BB&T operates over 2,000 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.
SOURCE BB&T Corporation
For further information: Alan Greer, Executive Vice President, Investor Relations, (336) 733-3021, AGreer@BBandT.com; Richard Baytosh, Senior Vice President, Investor Relations, (336) 733-0723, RBatosh@BBandT.com; Brian Davis, Senior Vice President, Corporate Communications, Media@BBT.com
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