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During Wednesday's Financial Services hearing in the House, Congressman Sean Duffy (R-Wisc.) steered the conversation with Rodgers away from SunTrust's potential merger with BB&T to the company's obvious intolerance for legal immigration. "If we have private detention centers that are caring for children, or detaining individuals who [might not be] following American law -- you say, 'I'm not going to bank [with] them.' Is that fair?" Duffy pressed. When Rogers tried to defend SunTrust, saying it "considers a variety of factors..." Duffy interrupted him and asked again, "Is it fair?" Without waiting for an answer, he pushed Rodgers on whether...

SunTrust Banks Inc said on Monday it will no longer provide future financing to companies that manage private prisons and immigration holding facilities. "This decision was made after extensive consideration of the views of our stakeholders on this deeply complex issue," the company said in a statement.

"We've gotten better at talking about inclusion. Now we intentionally start conversations, and when it's Pride Month or Asian Pacific American Heritage Month, we celebrate." — Kevin Hart, founder of the West Florida LGBTA Teammate Network If rainbows and vibrant parades come to mind when you think of Pride Month, you're not alone, but if you research the history, you'll see it's more than a colorful party. "Pride Month is really about Stonewall," said Kevin Hart, founder of the West Florida LGBTA Teammate Network.

Now the hard work begins for the architects of the new "Truist Financial" brand. Truist was far from an immediate hit on social media, with many initially ridiculing it as looking like a typo. But while BB&T and SunTrust Banks may have to take some flak in the short term, the initial tweetstorm ultimately may not matter, several branding experts told American Banker right after the name was unveiled Wednesday.

Dolores Nielsen, 91, kept an emergency savings account for years. But her hands-off approach caused her trouble. Her bank, SunTrust, declared her account dormant in April and closed the account. She's been trying since August to get her money. "I'm terribly worried," Nielsen said. "My savings have lost so much in value since I retired as it is, and it's very stressful for me." The account had more than $72,000. Dolores' daughter, Barbara, turned to Better Call Behnken for help, after trying for months to get the money and getting the runaround. She says the bank told her the state...

COBB COUNTY, Ga. - Police in Cobb County are working to determine how a person died and their body ended up in a beer cooler. A co-worker made the grisly discovery hours before the first pitch at the Braves home game Tuesday afternoon at SunTrust Park. Cobb County Police said the worker was employed by a third-party contractor. The worker’s body was found in one of the vendor areas. Police said they responded to the stadium around 3:30 p.m. to investigate after receiving a 911. Investigators are working to determine the nature of the person's death. Detectives would not release...

What we know about the alleged SunTrust data breach On April 20, SunTrust Bank announced that an insider may have stolen records on 1,500,000 customers with the criminal intent of sharing them outside the organization. The bank first became aware of the likelihood of “inappropriate access” of records in February. A subsequent internal investigation now points to an ex-employee for the alleged theft. It is believed the culprit tried to print the records and share them with a “criminal third party,” according to the Wall Street Journal. The investigation is still ongoing as the bank continues to work closely with...

Bart Daley and his employees at Capitol Quality Corp watched in horror the reports from San Bernardino of the mass shooting carried out by two Islamic terrorists. Fourteen people were killed in the attack. Twenty-two others were injured. Four hours after the attack began, police pursued and stopped a black SUV carrying Syed Rizwan Farook, 28, and Tashfeen Malik, 27, a married couple, and after a fierce gun battle killed the two Islamic extremist. Daley watched the unfolding events and as he says, “I made the difficult decision to arm members of my management team to provide a level of...

SunTrust Bank is cutting ties with three types of legal businesses in the latest evidence of the Obama administration’s secretive crusade against “objectionable” enterprises. SunTrust, which counts more than 400,000 small business clients, cited “compliance requirements” as its reason for closing accounts with “payday lenders, pawn shops and dedicated check-cashers.” “It is consistent with long-standing industry practice to review relationships to ensure they satisfy a range of business and risk considerations,” the bank said in a little-noticed press release dated Aug. 8. In the same blanket notice, however, SunTrust underlined its support for maintaining bank relationships with licensed gun sellers....

CHARLOTTE, NC, May 20, 2014 (LifeSiteNews.com) -- On Saturday, just 24 hours after backlash from the American people convinced SunTrust bank to reopen its partnerships with Benham REO Group, David and Jason Benham thanked supporters on their YouTube channel. "We just wanted to say thank you. We were overwhelmed yesterday with this SunTrust debacle, and SunTrust heard from America. It was unbelievable what took place," David said in the video. On May 15, the Benhams reported on social media that SunTrust had ended its partnership with their company due to their support for the unborn and traditional marriage. The next...

After getting national condemnation from pro-life advocates, Sun Trust Bank has reversed its decision to yank real estate contracts with the Benham brothers. The pro-life brothers who were set to be the stars of the next HGTV reality television show “Flip It Forward” have had a refreshing response to the cable network cancelling the program because of their pro-life beliefs. They said they were not bothered by the show being cancelled because of their beliefs. After that blowup received national attention, the Benham Brothers are back in the news because of discrimination over their pro-life views. Initial reports showed SunTrust...

Benham Real Estate said late Friday that its property listings with SunTrust Banks had been restored – hours after the Concord-based realty company announced that the bank had pulled all of its property listings. The Benham company gained attention last week after HGTV said it was pulling the plug on “Flip It Forward,” a new home improvement show featuring twins Jason and David Benham. The network’s announcement followed reports by a lobbying group that David Benham had led or participated in protests against homosexuality. Benham Real Estate, which markets and manages homes that banks repossess, said SunTrust informed the bank...

After an uproar from conservative customers, SunTrust Banks announced Friday afternoon that the decision to end its relationship with real estate entrepreneurs David and Jason Benham had been reversed. Earlier Friday, The Daily Caller reported that SunTrust Banks had pulled all of its listed properties with the Benham brothers’ bank-owned property business. The move came just a week after HGTV announced it was canceling a planned home renovation show hosted by the Benhams because of their conservative views on abortion and gay marriage. By Friday afternoon, SunTrust released a statement saying the decision had been reversed. The bank didn’t go...

First they lost their television show. Now the Benham brothers say they are losing their business. SunTrust Banks is cutting ties with would-be reality stars David and Jason Benham after liberal activists attacked them for their conservative views on abortion and gay marriage, The Daily Caller has learned. In a statement provided first to TheDC on Friday, the Benham brothers confirmed that SunTrust Banks has pulled all of its listed properties with the Benham brothers’ bank-owned property business, which includes several franchisees across four states.

First they lost their television show. Now the Benham brothers say they are losing their business. SunTrust Banks is cutting ties with would-be reality stars David and Jason Benham after liberal activists attacked them for their conservative views on abortion and gay marriage, The Daily Caller has learned. In a statement provided first to TheDC on Friday, the Benham brothers confirmed that SunTrust Banks has pulled all of its listed properties with the Benham brothers’ bank-owned property business, which includes several franchisees across four states. The move comes just a week after HGTV announced it was canceling a planned home...

I have an acquaintance that works at a Sun Trust bank in Richmond, VA who told me yesterday that Sun Trust charges $7 to cash a business check drawn from a SUNTRUST account. That is a lot of money for a day laborer! That is highway robbery. The bank is holding the business's money AND charging the customers to have access to it. Unbelievable.

WASHINGTON (AP) — The Federal Reserve says four major banks failed to show they have enough capital to survive another serious downturn. The list includes Citigroup, the nation's third-largest bank. The Fed says 15 of 19 major banks passed the stress test. The Fed noted that all of the banks have built up their capital reserves since the 2008 financial crisis. SunTrust and Ally Financial also failed the test.

Effective November 2, 2011, SunTrust will no longer be charging a check card fee on any consumer checking accounts. If you received notice that your account would be subject to this fee, please disregard it. If you have previously been charged this fee, you will receive a full refund within the next 30 days.

But perhaps the biggest wallet-buster I've been noticing lately is bank fees. From Wells Fargo to SunTrust, banks are imposing new or increased charges in the face of new regulations that take effect Oct. 1. The new legislation, called the Durbin Amendment, roughly cut the amount banks can charge retailers who swipe your debit card - known as an interchange fee - in half. That's great for retailers, who were paying an average of 44 cents per transaction, but bad for banks. In some ways, at least, it's bad for customers, too. Here's a look at what you can expect...

Omni National Bank shut down Friday by federal regulators. FDIC expects failure will cost $290 million, more than any other nationwide. BY PAUL DONSKY Omni National Bank in Atlanta, reeling from bad real estate bets, was shut down by federal regulators Friday, becoming the ninth Georgia bank to fail in the past year. Omni, one of the state’s largest community banks with $956 million in assets, posted a $14.5 million loss last year. Moreover, the bank was saddled with $114 million in nonperforming loans at the end of the fourth quarter. Omni’s regulator, the Office of the Comptroller of the...