Unison Industries Names SunTrust as New Strategic Partner For Retirement Plan Assets

Apr 23, 2001, 01:00 ET from SunTrust Banks, Inc.

    ATLANTA, April 23 /PRNewswire Interactive News Release/ -- SunTrust Banks,
 Inc. (NYSE:   STI) announced that Unison Industries -- a world leader in the
 design and manufacture of electrical components, sensors, and systems for
 aircraft, industrial, marine and space uses -- has selected SunTrust
 Retirement Services to manage its $37 million in 401(k) plan assets.
     Charles Gregory, chief financial officer of Unison, said that the Florida-
 based corporation chose SunTrust because of the quality of its services, the
 advanced technology and the participant-directed educational programs.
 SunTrust will manage the 401(k) assets for more than 1000 plan participants.
     SunTrust has been serving pension and corporate retirement needs since
 1943.  As one of the largest daily-valued, bundled providers in the Southeast,
 SunTrust Retirement Services manages more than $24 billion in retirement plan
 assets.  Other products provided by SunTrust Retirement Services include
 investment management, non-qualified, treasury management, trustee and
 custodial services.
     SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is the nation's
 ninth-largest commercial banking organization.  As of March 31, 2001, SunTrust
 had total assets of  $103.7 billion and total deposits of $65.5 billion. The
 company operates through an extensive distribution network in Alabama,
 Florida, Georgia, Maryland, Tennessee, Virginia and the District of Columbia
 and also serves customers in selected markets nationally. Its primary
 businesses include deposit, credit, trust and investment services. Through
 various subsidiaries the company provides credit cards, mortgage banking,
 insurance, brokerage and capital markets services.  SunTrust's Internet
 address is www.suntrust.com .
 
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SOURCE SunTrust Banks, Inc.
    ATLANTA, April 23 /PRNewswire Interactive News Release/ -- SunTrust Banks,
 Inc. (NYSE:   STI) announced that Unison Industries -- a world leader in the
 design and manufacture of electrical components, sensors, and systems for
 aircraft, industrial, marine and space uses -- has selected SunTrust
 Retirement Services to manage its $37 million in 401(k) plan assets.
     Charles Gregory, chief financial officer of Unison, said that the Florida-
 based corporation chose SunTrust because of the quality of its services, the
 advanced technology and the participant-directed educational programs.
 SunTrust will manage the 401(k) assets for more than 1000 plan participants.
     SunTrust has been serving pension and corporate retirement needs since
 1943.  As one of the largest daily-valued, bundled providers in the Southeast,
 SunTrust Retirement Services manages more than $24 billion in retirement plan
 assets.  Other products provided by SunTrust Retirement Services include
 investment management, non-qualified, treasury management, trustee and
 custodial services.
     SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is the nation's
 ninth-largest commercial banking organization.  As of March 31, 2001, SunTrust
 had total assets of  $103.7 billion and total deposits of $65.5 billion. The
 company operates through an extensive distribution network in Alabama,
 Florida, Georgia, Maryland, Tennessee, Virginia and the District of Columbia
 and also serves customers in selected markets nationally. Its primary
 businesses include deposit, credit, trust and investment services. Through
 various subsidiaries the company provides credit cards, mortgage banking,
 insurance, brokerage and capital markets services.  SunTrust's Internet
 address is www.suntrust.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X62725014
 
 SOURCE  SunTrust Banks, Inc.