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SunTrust is expected to announce Tuesday that it plans to put financial counselors in its branches as part of a pilot program with Operation HOPE, a nonprofit that works to provide financial literacy training to low-income families.
June 4 -
SunTrust Banks in Atlanta relied heavily on expense cuts to generate higher earnings compared with a year earlier.
April 19 -
SunTrust Banks (STI) will close around 40 branches this quarter as it continues its efforts to rein in costs, its chief executive said Tuesday.
March 5 -
SunTrust Banks Inc. in Atlanta is freezing its pension plan at the end of the year in an effort to reduce its overall employee benefits costs.
November 18
SunTrust Banks (STI) in Atlanta has enhanced its online offerings for institutional 401(k) customers with a new tool designed to help employees plan for retirement.
The $172.4 billion-asset bank announced Wednesday that its "retirement income control panel" lets employees estimate their monthly income at retirement.
Users can include Social Security, pension and outside assets in the calculation, the company said. The tool also gives users advice about how to save money for retirement.
"Retirement plan sponsors, regardless of size, want their employees to have access to better information in order to adequately prepare for retirement," said Brad Dinsmore, a SunTrust consumer and private wealth management executive, in a news release.
