TKGI FINANCE

America's Top 20 Bank Holding Companies

BB&T Corporation



BB&T Corporation holds the seventeenth place in the Federal Financial Institutions Examination Council's Top 50 Bank Holding Companies list. Headquartered in Winston-Salem, NC, the bank was founded in 1872 as Branch and Hadley, named for the two founders, Alpheus Branch and Thomas Jefferson Hadley. After several changes in ownership and name changes, the bank ultimately became Branch Banking and Company in the early 1900s.

After the struggles and growth of a century, the company merged with Southern National Corporation. Throughout the 1990s and up to 2010, they added dozens of other banks to the acquisition list. Despite the many changes and acquisitions over the latest 20-year span, BB&T headquarters remains in Winston-Salem.

Home to nearly 230,000 people, Winston-Salem, NC is part of the core of the Piedmont Triad, also called the Triangle, in North Carolina. The area encompasses Winston-Salem, High Point and Greensboro. The ease of transportation in this area opens up the customer base to over 1.6 million potential customers. The Piedmont area of North Carolina is home to a wide variety of corporations including textile, tobacco manufacturers and many retailers.

The capital markets headquarters of BB&T Corporation is located in Richmond, the capital city of Virginia. The Richmond metro area boasts a population of nearly 1.3 million people, many in professional careers with homes and mortgages and extensive banking needs. The area is a hot spot for businesses of all types, though the core economy focuses on legal, government and financial institutions. The climate in Richmond offers an extended outdoor recreation season, which encourages shopping and outdoor activities.

Charlotte, North Carolina is home to the company's credit card center, international services operations and equipment financing division. Charlotte is known to be a financial mecca, with many of the country's major financial institutions settled in the heart of the city. Centrally located to the South Carolina border and the many attractions of the North Carolina Mountains, the Outer Banks and a variety of other regions, Charlotte is a southern city with a quiet country feel.

The company has other regional offices across the country. Most of the regional locations are on the eastern coast, but there are several facilities in California as well. The California office in Huntington Beach is the west coast center for investment banking and sales, while the facility in San Francisco offers sales trading services as well. As BB&T Corporation grows, more offices and branches are appearing, creating a presence for the bank in an increasing number of states.