BB&T Corp

BB&T (Branch, Banking&Trust) Corporation, traded at the New York Stock Exchange under the ticker BBT and headquartered in Winston-Salem, North Carolina, is a reliable and highly trusted American bank, offering the full range commercial and retail banking services. BB&T started its existence in 1872, when Thomas Jefferson Hadley and Alpheus Branch established the Branch and Hadley commercial bank in their hometown of Wilson. Today, the bank has over thirty thousand officials serving its clients through a network of over 1,800 offices across the United States. The body is headed by Mr. Kelly King, CEO and Mr. John Allison, Chairman of the Managing Board of BB&T. The bank has developed business activities in two mainstreams Ė personal banking and business banking.

BB&Tís personal banking business encompasses home-buying solutions, finance and wealth management services, banking services for college students, mobile and internet banking, along with everyday banking products such as checking and savings accounts and deposits, credit and debit card issuance, transactions and payments assistance, investment and asset management and long-term financial planning services, as well as a rich variety of personal insurance plans. The bankís loan portfolio includes home mortgage plans, home equity loans and credit lines, as well as a variety of flexible financing options for the purchase of new or used vehicles. To facilitate the access of their online banking service, the team of BB&T has developed Quicken and QuickBooks - software solutions that help the users manage their finances more efficiently.

For their business and institutional clients, the devoted team of Branch, Banking&Trust Corporation has developed a set of integrated business banking solutions such as online account management, checking and savings accounts for business people, cash flow management, payment and money transfer assistance, including commercial credit and check cards, direct deposits and payroll services. Other business financing options include loans and credit lines of small and medium-sized enterprises, financing for the purchase of commercial real estate or means of production. BB&Tís Corporate Trust Division offers fiduciary and stock transfer services to public and private organizations. BB&T Commercial Finance Division offers assistance supply chain financing, accounts receivable management, and credit enhancement for business clients. Other business banking products provided by BB&T include investment advisory, treasury, asset and cash management services, international payments assistance, mergers and acquisitions monitoring, and advisory services for corporate clients. The business insurance solutions developed by the bank encompass commercial and title insurance, special life insurance plans for CEOs, risk management services, and employee benefits.

BB&T has also developed a strategy for complete client protection which involves private data security solutions, fraud alerts, and tips for safer online banking. At the end of Q3 2009, the bankís total assets amount to slightly over 152 billion US dollars.



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