ATLANTA, Oct. 10, 2016 /PRNewswire/ -- The SunTrust Foundation today announced it will donate $250,000 to the American Red Cross to support Disaster Relief efforts for the thousands of residents in Florida, Georgia, South Carolina, North Carolina and Virginia that were impacted by the devastation left by Hurricane Matthew. The Foundation's contribution will help fund American Red Cross' recovery outreach, as well as the 248 shelters the organization established to house more than 13,000 people.
"The widespread flooding and powerful winds have caused severe hardship and displaced thousands in the region," said David Fuller, president of the SunTrust Foundation. "As part of our commitment to the communities we serve, SunTrust is providing these relief efforts to help ensure that our neighbors receive the assistance they need."
SunTrust also is collecting donations for the American Red Cross at all of its branch locations. To find the nearest branch in your area, please visit www.SunTrust.com. Although today, Columbus Day, is a U.S. Bank holiday, several dozen SunTrust branch locations in impacted areas in Florida, Georgia and South Carolina will be open to ensure clients have access to their funds.
About SunTrust Foundation
The SunTrust Foundation is dedicated to the company's purpose of Lighting the Way to Financial Well-Being by engaging organizations to advance financial confidence. Grants and activities focus primarily on financial empowerment, but also include education, health and human services, civic improvement and cultural growth. The SunTrust Foundation supports American Red Cross disaster relief efforts and contributes as a United Way Global Corporate Leader. Established in 2008, the SunTrust Foundation has proudly provided grants totaling more than $100 million throughout the Southeast and Mid-Atlantic regions.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, the Company has three business segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of June 30, 2016, SunTrust had total assets of $199 billion and total deposits of $153 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/suntrust-foundation-provides-disaster-relief-in-wake-of-hurricane-matthew-300341752.html
SOURCE SunTrust Banks, Inc.