BB&T launches new mobile check deposit feature

Personal and small business clients can deposit paper checks to checking or savings accounts using a smartphone camera

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BB&T Corporation

30 Apr, 2012, 03:24 ET

WINSTON-SALEM, N.C., April 30, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT) today added another convenient feature to its mobile banking line – mobile check deposit. The feature allows personal and small business clients to quickly, easily and safely deposit paper checks using an iPhone, Android or iPod Touch camera.

"Many of today's clients live in a mobile world," said Teresa Rose, BB&T Digital Channel manager. "BB&T mobile check deposit complements the wide array of mobile banking offerings we provide to help our on-the-go clients conveniently and easily manage their finances."

BB&T OnLine Banking clients can deposit personal or business checks drawn from any U.S. bank into their BB&T checking or savings account.

"Oftentimes we find ourselves carrying around a check for several days or even weeks thinking we'll deposit it the next time we're in the branch. With mobile check deposit, clients can immediately take a picture of the front and back of the check, click 'deposit' and the funds are available in three business days," Rose said.

Mobile check deposit includes built-in security features such as multifactor authentication and encrypted transmission, plus check images are not stored on the phone. BB&T also offers the latest in online and mobile security information through BB&T Security Central. Located on the company's website – www.BBT.com/mobilesecurity – Security Central is an excellent resource for conveniently accessing security education information. The site offers user-friendly protection awareness information through interactive games and informative podcasts.

About BB&T

BB&T Corporation (NYSE: BBT) is one of the largest financial services holding companies in the U.S. with $174.8 billion in assets and market capitalization of $21.9 billion, as of March 31, 2012. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.

SOURCE BB&T Corporation

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