SunTrust Bank is a financial institution based in the United States. It was founded in 1865 under the name People's National Bank, making it one of the oldest banks in the country. Throughout its history, SunTrust Bank has undergone several mergers and acquisitions, resulting in its current name and structure.

The bank's headquarters is located in Atlanta, Georgia. SunTrust Bank offers a wide range of products and services to its customers. These include personal banking, business banking, wealth management, corporate and commercial banking, mortgage services, and investment advisory services.

The bank operates through a network of branches and ATMs across the United States. On a global scale, SunTrust Bank has limited operations. It primarily focuses on serving customers within the United States market.

However, the bank has formed partnerships and joint ventures with other financial institutions to expand its reach. Notably, SunTrust Bank has a strategic partnership with BB&T Corporation, resulting in the creation of Truist Financial Corporation in December 2019. Truist Financial Corporation is now one of the largest financial services companies in the United States.

In terms of market position, SunTrust Bank is a major player in the U. S. It is consistently ranked among the top 10 largest banks in the country based on assets.

The bank faces competition from other major banks such as JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup. In recent years, SunTrust Bank has undergone significant changes to fuel its growth. The merger with BB&T Corporation and the creation of Truist Financial Corporation was a significant milestone in the bank's history.

This strategic move allows the bank to leverage its combined resources and capabilities to better serve its customers. Currently, SunTrust Bank is operating as part of Truist Financial Corporation. As of the latest information available, the bank continues to provide its range of financial products and services to customers across the United States