BB n T Corp

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BB&T Corporation (NYSE:BBT)

About BB&T Corporation (NYSE:BBT) BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its commercial banking subsidiary, Branch Banking and Trust Company (Branch Bank). Branch Bank has offices in North Carolina, Virginia, Florida, Georgia, Maryland, South Carolina, Alabama, Kentucky, West Virginia, Tennessee, Nevada, Texas, Washington D.Cand Indiana. In addition, BB&T’s operations consist of a federally chartered thrift institution, BB&T Financial, FSB (BB&T FSB), and several nonbank subsidiaries, which offer financial services products. Branch Bank provides a range of banking and trust services for retail and commercial clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and individuals. On August 14, 2009, BB&T acquired certain assets and all of the deposits of Colonial Bank (Colonial). In January 2010, Branch Bank exited the Nevada markets.


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