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BB&T sold Liberty Bonds during World War I and grew to have more than $4 million in assets by 1923. BB&T Insurance Services was added in 1922 and a mortgage division was added in 1923. Even though banks across the United States failed as a result of the 1929 Stock Market Crash, BB&T survived; it was the only one to do so in the town of Wilson. [14]
If you live near a BB&T branch — which you can determine using the bank’s locator — one of the easiest ways to apply is to visit the branch in person. Simply let them know you’re there for ...
BB&T sold Liberty Bonds during World War I and grew to have more than $4 million in assets by 1923. BB&T Insurance Services was added in 1922 and a mortgage division was added in 1923. Even though banks across the United States failed as a result of the 1929 Stock Market Crash, BB&T survived; it was the only one to do so in the town of Wilson. [5]
In 1997, Southern National Corp. of Winston-Salem, North Carolina, which operated as BB&T, acquired UCB in a $985 million deal. [3] [5] Starting September 22, 1997, 91 UCB branches began the process of changing to BB&T, and 67 other branches of the two banks closed starting in October because they were close to other BB&T locations.
BB&T Financial Center is a 340-foot (100 m) postmodern green glass and steel skyscraper at 200 West 2nd Street and is the 2nd tallest building in Winston-Salem, Forsyth County, North Carolina, United States [2] with 271,445 square feet (25,218.1 m 2) of space. [3]
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At the time of the sale, Bank of America occupied 322,311 square feet (29,943.7 m 2), [25] and the building was 94% leased. [26] On 12 June 2019, it was announced that Truist Financial, a bank holding company to be formed from the merger of BB&T and SunTrust Banks, had selected Hearst Tower for its future new corporate headquarters. [27]
In November 2016 BB&T, the building's anchor tenant signed a 10-year newel lease for 120,000 square feet (11,000 m 2). The building served as the bank's regional headquarters, housing many lines of business and a bank branch on the first floor. The businesses housed there include Grandbridge Real Estate, BB&T Investments and BB&T Wealth Management.