Vault's Scoop
ABOUT THIS COMPANY:
BB&T is a wildly acquisitive banking company that's spreading across the Southeast like kudzu. The company serves consumers, small to midsized businesses, and government entities through more than 1,100 banking branches. Its flagship subsidiary, Branch Banking and Trust, is one of North Carolina's oldest banks and a leading originator of residential mortgages in the Southeast. In addition to traditional deposit accounts and loans, the company offers insurance, mutual funds, discount brokerage, and financial planning services. Business services include leasing, factoring, and investment banking (through Scott & Stringfellow).
