BB&T In The News
BB&T has ceremony for new financial center
BB&T hosted a formal grand opening and ribbon cutting ceremony Thursday at its new location in the West End of Huntington, W.Va.
BB&T Bank Bus offers on-the-go financial education for local residents
The Frederick-News Post
The BB&T Bank Bus will offer free credit reports and information about financial services during two stops in Frederick County, according to a statement from United Way of Frederick County.
BB&T CEO: Despite market volatility, structural foundations are in place for stable economy
Triad Busines Journal
In a Tuesday interview with CNBC, Kelly King, chairman and CEO of Winston-Salem-based BB&T, discusses the volatility in equity and bond markets and the strength of the U.S. economy.
BB&T bank bus coming to Pottstown to offer tax help
The Mercury News
The BB&T Bank Bus is heading to Montgomery County, Pa., on Feb. 8, 9 and 10 from 9 a.m.–2 p.m. to offer free assistance in filling out tax forms and provide other financial advice. The BB&T Bus will be in Willow Grove on Thursday, Feb. 8, Pottstown on Friday, Feb. 9, and Norristown on Saturday, Feb. 10. Free VITA Income Tax Prep will be provided to qualified taxpayers. Free credit reports will be available. In addition, info on housing, financial classes, housing, banking and more will be offered.
BB&T donates $12,500 to programs
KidsPeace announced that it received a $12,500 donation from BB&T Corporation. The donation was presented by BB&T Corporate Banking Group Manager Lewis Cyr to KidsPeace Vice President of Development Ann McCauley at a ceremony at KidsPeace’s Schnecksville corporate offices.
BB&T makes list of Fortune's Most Admired companies
Three corporations based in the Triad — BB&T Corp., LabCorp of America and VF Corp. — have been named among the Most Admired companies in their respective business categories by Fortune magazine.
BB&T plans to increase spending on digital technology
BB&T Corp. said Tuesday it plans to spend up to $50 million to expand its presence in digital financial technology as part of a cost-cutting initiative.
BB&T invests $152 million in tax reform savings
BB&T CEO Kelly King discusses his company's decision to raise wages and give employees a one-time bonus for the end of the year.
High school club supports community through love and hope
BB&T’s Peachtree City branch volunteered at Christian City Children’s Village and donated five new desktop computers through the bank’s “Lighthouse Project.” The group also volunteered their time and effort at Christian City, helping with several different projects across the 500-acre campus.
BB&T meets earnings projections with solid third-quarter performance
BB&T Corp. had a steady-as-you-go performance in the third quarter, matching analysts’ earnings projections as it lowered expenses, and credit quality continued to improve. The nation’s eighth largest bank reported Thursday having net income of $597 million, down 0.3 percent from a year ago. Diluted earnings were 74 cents, up 1 cent. BB&T took $47 million in merger and restructuring charges in the quarter worth 4 cents.
BB&T awards $450K in grants to two Lancaster County programs
Central Penn Business Journal
Elizabethtown College and SouthEast Lancaster Health Services are the newest recipients of grants from BB&T's economic growth fund.
BB&T launching major marketing campaign
Triad Business Journal
Expect to see more BB&T commercials as you watch your favorite TV show or a football game this fall. BB&T is launching its first major branding campaign since the Great Recession.
BB&T donates $100,000 to Hurricane Harvey relief efforts
Triad Business Journal
BB&T is donating $100,000 to the American Red Cross of Greater Houston in Texas to support disaster relief efforts in the aftermath of Hurricane Harvey, which has caused massive flooding and destruction in the area.
Wellspring Counseling benefits from BB&T employees’ efforts
Miami's Community Newspapers
On Tuesday, June 21, BB&T associates and Wellspring staff rolled up their sleeves to beautify and update the décor of three of its four locations. After an application process, Wellspring Counseling was awarded over $5,000 for new furniture, signage and decorations and an incalculable amount in goodwill from volunteers.
BB&T clears 2017 stress test, plans to boost dividend payout
Triad Business Journal
The Winston-Salem-based bank would “withstand a severe recession,” according to its latest stress test. With the passage of the test, the Federal Reserve has accepted BB&T’s capital plans.
BB&T to expand insurance business
It looks like BB&T's already dominant insurance brokerage business is about to get even bigger. Even though the bank derives an astoundingly high 15% of its revenues from insurance, it has set a long-term target of getting that to 20%, Kelly King, the bank's CEO, told analysts at a recent Morgan Stanley conference in New York.
BB&T partners with heart association
The Business Journals
In partnership with the 2018 Winston-Salem Heart Ball of the American Heart Association, BB&T will be sharing life-saving CPR kits with 75 community organizations and companies throughout Forsyth County to train employees, families and community members.
BB&T helps beautify Allentown's Seventh Street
Allentown Morning Call
Dedicated volunteers from BB&T's commercial real estate and wealth divisions descended on Seventh Street in Allentown to complete a two-day beautification project to spruce up the gateway corridor May 17 and June 6.
Lancaster Chamber passes $6.8M campaign goal with more help from BB&T
At its annual dinner Wednesday, the Lancaster Chamber announced that a $50,000 gift from BB&T put it over the top its campaig goal. The gift was BB&T's second to the campaign, following its $1.2 million matching grant that launched it.
Program encourages students to develop leadership skills
University of South Carolina Upstate
During The BB&T Leadership Institute's Emerging Leadership Program, students undergo assessments to help them better understand their own leadership strengths and through a mix of group activities, they learn to appreciate how those strengths help them interact with others.
Buying a foreclosed home: the basics of buying a foreclosed home
Buying a foreclosed home offers real estate investors, property flippers, and those building rental portfolios a great opportunity. BB&T Home Mortgages offers HomeSteps by Freddie Mac, a loan program available specifically for the purchase of foreclosed properties held by the Federal Home Loan Mortgage Corporation (FHLMC).
BB&T eliminates stock options for executives as part changing compensation
BB&T Corp.’s board of directors has made a significant shift in executive compensation, eliminating stock options and putting more emphasis on tying the number of shares granted to company performance.
BB&T Emerging Leaders Certification Seminar helps Moore School students examine their individual leadership styles
University of South Carolina Darla Moore School of Business News
The BB&T Emerging Leaders Certification Seminar enabled students to learn directly from business professionals and engaged students in focused small group discussions on leadership styles.
A card table, two legal pads and a handshake 20 years ago produced the most pivotal transaction in BB&T Corp.’s history and yielded a seminal economic moment for Winston-Salem.