BB&T Corporation, headquartered in Winston-Salem, N.C., is among the nation's top financial-holding companies with $168 billion in assets as of Sept. 30, 2011. Its bank subsidiaries operate approximately 1,800 financial centers in the Carolinas, Virginia, West Virginia, Kentucky, Georgia, Tennessee, Maryland, Florida, Alabama, Indiana, Texas and Washington, D.C. Market share rankings in deposits: No. 1 in West Virginia; No. 2 in North Carolina; No. 3 in South Carolina; No. 4 in Virginia, Alabama and Kentucky; No. 5 in Florida and Georgia; No. 6 in Tennessee; No. 7 in Maryland and Washington, D.C. (June 11, 2011 FDIC Deposits, SNL).

BB&T’s operating strategy distinguishes it from other financial holding companies. BB&T’s banking subsidiaries are organized as a group of community banks, each with a regional president, which allows decisions to be made locally, close to the customer. This also makes BB&T’s customer service more responsive, reliable and empathetic. Since 1995, BB&T has acquired more than 35 community banks and thrifts, 85 insurance agencies, and 32 non-bank financial services companies. This acquisition strategy has contributed significantly to BB&T’s success.

BB&T and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust. More information is available at www.BBT.com.