ATLANTA, Sept. 26, 2018 /PRNewswire/ — Following the Federal Reserve’s advertisement to admission the Federal Funds rate, SunTrust Bank appear today it has added its prime lending amount to 5.25% from 5.00%, able September 27, 2018. The prime amount is a criterion acclimated to set absorption ante on assorted forms of customer and bartering loans. The prime amount aftermost afflicted on June 14, 2018.
About SunTrust Banks, Inc.SunTrust Banks, Inc. (STI) is a purpose-driven aggregation committed to Lighting the Way to Banking Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a civic movement alarming Americans to body banking confidence. Headquartered in Atlanta, the Aggregation has two business segments: Customer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an all-encompassing annex and ATM arrangement throughout the high-growth Southeast and Mid-Atlantic states, forth with 24-hour agenda access. Certain business curve serve consumer, commercial, corporate, and institutional audience nationally. As of June 30, 2018, SunTrust had absolute assets of $208 billion and absolute deposits of $161 billion. The Aggregation provides deposit, credit, trust, investment, mortgage, asset management, balance brokerage, and basic bazaar services. Learn added at suntrust.com.
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