BB&T Corporation abbreviated as (Branch Banking and Trust Company) is a bank holding company based in Winston-Salem, North Carolina. The bank operates 2,049 branches in 15 different states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services. It is being ranked 16th on the list of major banks in the United States by resources.
Its secondary, BB&T Insurance Services, is one of the prime insurance brokers in the world. In the year 1872, Alpheus Branch and Thomas Jefferson Hadley initiated the Branch and Hadley merchant bank in their hometown of Wilson, North Carolina. After many dealings, mostly with local agriculturalists, Branch bought out Hadley’s shares in the year 1887 and renamed the company Branch and Company, Bankers. Two years later, Branch, his father-in-law Gen. Joshua Barnes, Hadley, and three other men protected a charter from the North Carolina General Assembly to function the Wilson Banking and Trust Company.
After many more name changes, the company finally established on the name Branch Banking and Trust Company. Branch endured an active member in the company until his death in 1893. The year 1903 Branch Banking and Trust Company Building at Wilson was recorded on the National Register of Historic Places in 1978.
Products and Services-
Bbandt offers the following services to its customers-
- Business Checking Accounts
- Business Savings Accounts
- Borrowing Solutions
- Business Credit Cards
- Merchant Services
- Retirement Solutions
- Small Business Insurance
- Learning and Insights
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