WINSTON-SALEM, N.C., Sept. 11, 2017 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today announced it is contributing $500,000 to help support disaster relief efforts in the aftermath of Hurricane Irma. Half of the donation will be a cash contribution to the American Red Cross and the remainder will be comprised of eight truckloads of humanitarian supplies, such as bottled water and basic essentials to assist in the recovery.
"As so many of the communities we serve in Florida and the Southeast begin the recovery process, BB&T is honored to be a small part of the effort to help people get back on their feet," said Chairman and Chief Executive Officer Kelly S. King. "We're so proud of the way our country pulls together to help those in need, and our hearts go out to everyone affected by this storm."
Although many financial centers and offices in Florida and other affected areas are closed, BB&T is standing by to assist clients in this difficult time. Clients who may have incurred storm-related overdraft, returned item, negative account balance or late loan payment fees related to the storm are encouraged to contact BB&T at 800-BANK-BBT (800-226-5228) for assistance.
BB&T is also suspending certain ATM service charges in the areas most affected by Hurricane Irma through Sept 30th. For our clients from Florida, service charges related to non-BB&T ATM usage, including service charges to BB&T clients by other financial institutions for use of their ATMs, will either not be charged or refunded at a later date. Clients from Georgia, South Carolina, and other affected areas can contact their local branches for information on refund availability.
BB&T is one of the largest financial services holding companies in the U.S. with $221.2 billion in assets and market capitalization of $36.7 billion as of June 30, 2017. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, N.C., BB&T operates more than 2,100 financial centers in 15 states and Washington, D.C. A Fortune 500 company, BB&T was recognized as one of Forbes' 2017 Best Banks in America and is consistently recognized for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.
SOURCE BB&T Corporation