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The National Savings and Trust Company is a historic bank building located at the corner of New York Avenue and 15th Street, NW in Downtown Washington, D.C. [1] It has also been known as the National Safe Deposit Company and the National Safe Deposit Savings and Trust Company.
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SunTrust CEO Phillip Humann said SunTrust would keep CCB's community focus. [15] After making a deal to move in November 2006 to the Diamond View office development elsewhere in downtown Durham, SunTrust sold the Hill Building to Greenfire Development for $4.1 million in July 2006. SunTrust planned to keep a branch in the building. [16]
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SunTrust was incorporated and founded in 2009 by Chief Executive, Muhammad Jibrin Barde as a mortgage bank and later converted to and was granted a regional commercial banking license by the Central Bank of Nigeria in November 2015, being the first commercial bank to receive a banking license since 2001, bringing the total of licensed commercial banks in Nigeria, at that time, to twenty-three. [6]
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That came to pass on December 31, 1998, when Crestar was acquired by SunTrust Banks for $9.5 billion in stock; a merger that created the nation's 10th-largest bank holding company. [ 17 ] In December 2019, SunTrust merged with BB&T , forming Truist Financial .