2007-2009
The Great Recession, which includes 2008 financial crisis, begins in U.S. due to subprime mortgage crisis, devastates world financial markets as well as banking and real estate industries
1997
BB&T officially adopts its vision, mission, purpose, philosophy and other guiding principles
1995
May 30
BB&T and Southern National complete merger of equals, approved by both boards of directors in July 1994
1994
BB&T acquires Farr Associates, which eventually becomes the Truist Leadership Institute
1985
United States Supreme Court ruling giving states’ rights to enter into reciprocal interstate banking agreements spurs growth for BB&T and SunTrust