SunTrust Clarifies Supplier Policies; Third Party Vendor Reinstates Listings with Benham Real Estate
ATLANTA, May 16, 2014 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today issued the following statement:
SunTrust supports the rights of all Americans to fully exercise their freedoms granted under the Constitution, including those with respect to free speech and freedom of religion.
In mid-2013, we consolidated the management of certain residential assets with a third party vendor, which has the relationship with Benham Real Estate. While we do not publicly comment on specific vendor relationships, we don't make choices on suppliers or base business decisions on political factors, nor do we direct our third party vendors to do so.
We contacted our third party supplier who works with Benham Real Estate regarding our non-discriminatory policies. As of this afternoon, the issue is resolved and the real estate listings have been reinstated.
About SunTrust Banks, Inc.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2013, SunTrust had total assets of $172.4 billion and total deposits of $129.9 billion. Through its flagship subsidiary, SunTrust Bank, the Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services. SunTrust's Internet address is suntrust.com.
SOURCE SunTrust Banks, Inc.
Share this article