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What the company is doing

In 15 countries and the district of Columbia, BB&T is a community bank that operates over 1,700 locations. BB&T continues to expand and develop from its beginnings in 1872.

The history of the brand

At the beginning of the civil war, Alffeus Branch founded in Wilson, North Carolina, a small mercantile enterprise known as Branch and Company. He met Thomas Jefferson Hadley, born in the county of Wilson, who wanted to establish the first public school system, thanks to his dedication and participation within the city. In 1872 they joined forces to establish a bank called Branch and Hadley.

World War II attracted investments from other banks, government bonds, and minor wealth after the war, as people had to save because there were little consumer products. After the war, BB&T was a source of daily loans and installment loans when former GIs bought cars and other consumer posts.

BB&T saw a unique development in the 1960s. BB&T expanded to $343 million in assets with mergers, acquisitions, and new branches. It had 60 offices in 35 towns. As private lenders, Branch and Hadley approved time deposits, returned interest charges, and provided loans for the reconstruction of farms and small businesses.

In December 2019, BB&T joined forces with SunTrust in what they called a "merging of equals," which culminated in Truist becoming the sixth-largest US financial institution. BB&T banks are still operating under the BB&T Brand, and all will soon move on to the name Truist.

Business directions

The Community Banks concept serves as the basis for the local decision-making process and the platform for reliable, empathic, and reactive customer service. The closer to the customer the decision-making process, the more variables are taken into account, and the bank tends to ensure that every customer is handled personally. BB&T must have highly skilled staff who recognize the ideology of BB&T and who are "masters" in its areas of responsibility to work in this decentralized decision-making process.

Key facts about the company

BB&T seeks to recognize its consumers' legitimate financial needs and find a way to enable customers to meet their economic objectives with the right goods and services.

Successful sales involve a disciplined approach whereby the employee of BB&T asks the customer about financial goals and challenges and understands fully how BB&T products can help the customer accomplish objectives and solve financial issues. The supportive staff and product managers need to demonstrate exceptional performance, as services and sales are ultimately linked, and innovation is needed to produce and design the products.

Mission and vision

In its goal, BB&T Bank tends to help its customers to achieve economic prosperity and protection by making the planet a better place to live. It also helps to create a place for workers to learn, develop, and fulfill. BB&T Bank's principles include enhancing the location of its neighborhoods. For shareholders, this means optimization of long-term returns while maintaining a secure and sound investment.

Typical Hours of Operation

Mo 8:30 - 5:00
Tu 8:30 - 5:00
We 8:30 - 5:00
Th 8:30 - 5:00
Fr 8:30 - 5:00
Sa Closed
Su Closed

Locations: 1831 locations in 44 states and 990 cities.

Info

Specialties: Radiators, Batteries, Fuel Injectors, Air Conditioning, A C, Transmissions, Cooling, Antifreeze

Services: Oil Change

Categories

  • Loans
  • Banks
  • Commercial & Savings Banks
  • Financing Services

Amenities

  • accepts credit cards

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