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SUNTRUST BANKS, INC. GRANTED CHARTERFOR NEW CREDIT CARD BANK IN ORLANDO, FLA

 ORLANDO, Fla., July 21 /PRNewswire/ -- SunTrust Banks, Inc. (NYSE: STI) today announced the establishment of a new credit card bank in Orlando.
 SunTrust BankCard, N.A. was officially chartered by the Comptroller of the Currency on July 6. The new bank originated from the consolidation of 10 SunTrust credit card centers in Florida, Georgia and Tennessee.
 "We are very excited about our new bank and the many opportunities it brings to Orlando," said William J. Moore, president and chief executive officer of SunTrust BankCard, N.A. The credit card bank employs approximately 300 people. Based upon statistics provided in The Nilson Report, the industry's leading news and advisory service for credit and debit cards, SunTrust BankCard will be the 33rd largest issuer in the United States.
 SunTrust BankCard, N.A. is a subsidiary of SunTrust Banks, Inc., a superregional bank holding company with $37.6 billion in assets and more than 650 offices in Alabama, Florida, Georgia and Tennessee.
 -0- 7/21/93
 /CONTACT: William J. Moore, president and chief executive officer of SunTrust BankCard, N.A., 407-237-6890/
 (STI)


CO: SunTrust Banks, Inc.; SunTrust BankCard, N.A. ST: Florida IN: FIN SU: PDT

BR-BN -- AT001 -- 3781 07/21/93 09:08 EDT
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Publication:PR Newswire
Date:Jul 21, 1993
Words:202
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