SunTrust Banks, Inc. Historical Highlights
1811 - Farmers Bank of Alexandria (Va.), SunTrust’s
earliest predecessor bank, is granted a charter by
Congress on February 16, 1811. (Farmers Bank
was a forerunner of Crestar Financial Corporation,
which was acquired by SunTrust in 1998.)
1893 - The Commercial Travelers’ Savings Bank, which
was founded in Atlanta in 1891 and focused on
trust and investment banking services, changes its
name to Trust Company of Georgia.
1919 - Trust Company of Georgia provides underwriting
services to The Coca-Cola Company and receives
some of the company’s first publicly traded stock
for its services. Through dividend reinvestment
and stock splits, SunTrust now owns 48.3 million
shares of The Coca-Cola Company.
1927 - Third National Bank is chartered in Nashville, Tenn.
(Third National Corporation merged with SunTrust
Banks, Inc. in 1986).
1934 - A predecessor of SunBanks, Inc., The First
National Bank at Orlando, (Fla.), is chartered on
Valentine’s Day. (SunBanks later merged with Trust
Company of Georgia to form SunTrust Banks, Inc.)
1985 - Trust Company of Georgia and SunBanks, Inc.
merge to form SunTrust Banks, Inc. on July 1. The
banks continue operating under the Trust
Company and SunBank names in their respective
1986 - SunTrust acquires Third National Corporation,
the second-largest bank holding company in
Tennessee on December 29.
- SunTrust Securities becomes operational.
1988 - STI is added to the S&P 500 Stock Price Index.
1992 - The STI Classic Funds, the bank’s family of mutual
funds, is introduced.
1994 - SunTrust Capital Markets is formed to broaden the
range of services available to business clients.
1995 - SunBank, Trust Company and Third National
banking units adopt the SunTrust name.
1996 - SunTrust web site, http://www.SunTrust.com,
1997 - SunTrust acquires Equitable Securities Company,
enabling the underwriting of debt and equity
offerings for business clients.
1998 - SunTrust acquires Richmond-based Crestar
Financial Corp. on December 3