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

4-Traders Homepage  >  Equities  >  Nyse  >  SunTrust Banks    STI

SUNTRUST BANKS (STI)
Mes dernières consult.
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
06/20SUNTRUST BANKS : Atlanta City Council Approves SunTrust as Official Bank for Har..
PR
06/14SUNTRUST BANKS : Announces National Expansion of Aging Services Practice Group
PR
06/14SUNTRUST BANKS : Bank Increases Prime Rate
PR
06/01SUNTRUST BANKS : to Announce Second Quarter 2018 Earnings Results Friday, July 2..
PR
05/30SUNTRUST BANKS : Ex-dividend day for
FA
05/23SUNTRUST BANKS : Report
CO
05/21SUNTRUST MORTGAGE : Kids Help Make the Pick in Half of Home Buying Decisions
PR
05/17SUNTRUST BANKS : to Present at the Bernstein Strategic Decisions Conference
PR
05/16SUNTRUST BANKS : Report
CO
05/15SUNTRUST BANKS INC : Regulation FD Disclosure, Financial Statements and Exhibits..
AQ
More news
News from SeekingAlpha
03:03aHere come the Fed's stress tests 
06/15Financials take a beating as trade spat intensifies 
06/14U.S. banks fall as ECB keeps rates unchanged, day after Fed raises 
06/14SunTrust expands aging services industry group nationally 
06/13A Small-Cap Bank That May Be The Best In The U.S.