What was suntrust bank before

In its early years particularly, the Trust Company played a critical role in recapitalizing the South, which, even four decades after the end of the Civil War , still discouraged investment with prohibitive restrictions on lending. As the South formed an industrial base after World War II, the bank diversified by taking on the critical accounting functions of such larger industrial firms as the Southern Company and the young Dalton Carpet.

Individual officers of the bank enjoyed a close relationship with the city of Atlanta. The Woodruff family, apart from its relationship with Coca-Cola, has been the patron of several philanthropic causes, most visibly on the campus of Emory University. John A. Sibley, chair of the board from to , was called on by Governor Ernest Vandiver in to lead a series of hearings—the so-called Sibley Commission of —that encouraged a limited integration of Georgia public schools.

Borowsky, Bruce. Borowsky, B. SunTrust Banks. In New Georgia Encyclopedia. From its beginning…. Robert W. Woodruff became president of both the Trust Company of Georgia and the Coca-Cola Company in and eventually became the architect of Coke's worldwide expansion.

In later years Woodruff was also Emory University's greatest benefactor. Global Perspective. About Us. Find an Advisor near you. Use our Advisor Finder Tool. Wealth Management Resource Center. Equity Views from the Investment Advisory Group: Our View On the Speculative Stock Frenzy Social media platforms are providing a megaphone for traders currently promoting buys of a handful of stocks known to have large short interest.

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