Cautionary Note Regarding Forward-Looking Statements This press release contains « forward-looking statements » within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and future performance of BB&T and sunTrust. Words such as « anticipate », » « believe, » « estimate, » « expect, » « anticipate, » « intend, » « plan, » « project, » « could, » « may, » « should, » « will, or other similar words and phrases » are intended to identify these forward-looking statements. These forward-looking statements are based on the current expectations and assumptions of BB&T and SunTrust with respect to BB&T and SunTrust`s business, the economy and other future conditions. Because forward-looking statements relate to future events and results, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Many possible events or factors could affect future financial results and the performance of BB&T or sunTrust and cause actual results or performance to differ materially from those anticipated. BB&T and SunTrust disclaim any obligation to update these factors or publicly disclose the results of any revisions to the forward-looking statements contained herein to reflect future events or developments, except as required by applicable law or regulation. For more information about BB&T, SunTrust and factors that could affect the forward-looking statements contained herein, please see BB&T`s Annual Report on Form 10-K dated September 31. December 2018 ended the fiscal year updated on Form 10-Q through its quarterly reports and in its other filings with the Securities and Exchange Commission (« SEC »), and SunTrust`s Annual Report on Form 10-K for the year ended December 31, 2018, updated by its Quarterly Reports on Form 10-Q and other filings with the SEC. « The Community Benefits Plan is an example of this that Truist will represent and how it will support local communities in the years to come, » said Kelly S. King, Chair and CEO of BB&T.
« BB&T and SunTrust have a long tradition of service to the community, but together, as Truist, we will be uniquely positioned to serve the community. to invest in resources that we could never do alone. We are committed to building growing, diverse and vibrant neighbourhoods in the regions where we work and live. President of the cooperative in Landover, Md for low- and middle-income families. Built in the late sixties. HUD secured the mortgage, which is now paid off. The majority of members are retired on a fixed income. The area is in the expressway for rehabilitation. Pipes and electrical wires need to be replaced. Receipt of a block grant for roof replacement and mold removal.
We want to be separate from the growth of the community, but we want to maintain low- and middle-income housing. We are non-profit and would like to meet with you to see what services you can offer. Our shipping costs cover the costs. 231 1 bedroom to 4 bedroom townhouses with basement. Pitch distance from Fed-Ex field (Redskins football team). I can be reached at (240) 602-9507. BB&T and SunTrust are planning a $60 billion community service plan that includes loans to low- and middle-income (LMI) borrowers and investments in LMI communities following the $66 billion merger of two banks. « BB&T has been a leader in community development for 30 years and SunTrust has made significant progress in investing tax credits in community development. NRC`s CBA highlights the ability of combined banks to meet the investment and development needs of low-wealth communities while developing the capacity of community groups to implement these investments, » said Irvin Henderson, National Director Emeritus. « It`s a model of history, engagement and innovation that leads to relationships that serve the underserved and build community.
I applaud the leadership of the banks and the community. Commitment to Community Achievements: $120 million over 3 years Truist will distribute $120 million in eligible CRA grants over the next three years. Philanthropic giving includes supporting organizations that address key issues facing communities of color — economic sustainability, public safety, education, and youth workforce development — with a focus on organizations that have people of color on the board and leadership. .