BB&T Corp. is a holding company for Branch Banking & Trust Co.
The company operates through seven segments: Residential Mortgage Banking, Community Banking, Specialized Lending, Dealer Financial Services, Financial Services, Insurance Services, and Other Treasury & Corporate. The Community Banking segment offers a variety of loan and deposit products and other financial services to individual and business clients. The Residential Mortgage Banking segment services and retains mortgage loans. The Dealer Financial Services division provides loans to consumers for the purchase of automobiles. It also provides loans for the purchase of recreational vehicles and boat. The Specialized Lending division consist of eight business units that provide finance products to businesses. The business units is a combination of operating subsidiaries and internal business units of either the corporation or the Bank. The Insurance Services division offers, life and health insurance, property and casualty to businesses and individuals. It also provides surety coverage and title insurance. The Financial Services offers, estate planning, investment counselling, personal trust administration, wealth management, asset management, , corporate banking, employee benefits services and corporate trust services to corporations, institutions, individuals, foundations and government entities. Other, Treasury & Corporate represents operating entities that do not meet the thresholds for disclosure. BB&T came into existence in 1872 and is headquartered in Winston-Salem, NC. The CEO of the company is Kelly King and company employees 33400 employees