Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  SunTrust Banks    STI

SUNTRUST BANKS (STI)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

SunTrust Banks : Bank Increases Prime Rate

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/14/2018 | 12:01am CEST

ATLANTA, June 13, 2018 /PRNewswire/ -- Following the Federal Reserve's announcement to increase the Federal Funds rate, SunTrust Bank announced today it has increased its prime lending rate to 5.00% from 4.75%, effective June 14, 2018. The prime rate is a benchmark used to set interest rates on various forms of consumer and commercial loans. The prime rate last changed on March 22, 2018.

About SunTrust Banks, Inc.

SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of March 31, 2018, SunTrust had total assets of $205 billion and total deposits of $162 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. Learn more at suntrust.com.

Cision View original content:http://www.prnewswire.com/news-releases/suntrust-bank-increases-prime-rate-300666075.html

SOURCE SunTrust Banks, Inc.


© PRNewswire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SUNTRUST BANKS
08/15SUNTRUST BANKS : PACE Funding Group Closes Warehouse Credit Facility with SunTru..
PR
08/14SUNTRUST BANKS : Board Approves Increase in Common Stock Dividend
PR
08/07SUNTRUST BANKS : Private Wealth Management Expands in Cleveland and Cincinnati
PR
08/03SUNTRUST BANKS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND..
AQ
08/02SUNTRUST BANKS : Nearly $1 Million Grant From SunTrust Foundation to NCGrowth Wi..
PU
07/26SUNTRUST BANKS : Americans are leaving on a jet plane (and then saving for a rai..
PR
07/25SUNTRUST BANKS : Board Member Phail Wynn Dies
DJ
07/24SUNTRUST BANKS : Mortgage Originations, Servicing Rise at SunTrust
AQ
07/24SUNTRUST BANKS INC : Other Events (form 8-K)
AQ
07/20S&P 500 MOVERS : Stt, ctas
AQ
More news
News from SeekingAlpha
08/14SunTrust Banks declares $0.50 dividend 
08/11STOCKS TO WATCH : Any Privacy For Tesla? 
08/10Reduce Holdings Of Regional Banks On Turkey Turmoil 
08/04STOCKS TO WATCH : Meet The New Ford 
07/24SUNTRUST BANKS : In A Strong Trend Higher