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SunTrust Banks Overview

SunTrust Banks, Inc. is an American bank holding company. The largest subsidiary is SunTrust Bank. It had US$199 billion in assets as of March 31, 2018. SunTrust Bank's most direct corporate parent was established in 1891 in Atlanta, where its headquarters remain.
The staff at SunTrust Banks come from unusually diverse demographic backgrounds. The company is 58.7% female and 44.2% ethnic minorities. SunTrust Banks employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 55.2% of employees identifying as members of the Republican Party. Despite their political differences, employees at SunTrust Banks seem to be happy. The company has great employee retention with staff members usually staying for 3.5 years. The average employee at SunTrust Banks makes $43,716 per year. Pay at SunTrust Banks is significantly lower than some of its highest paying competitors, like American Express, JPMorgan Chase, and Capital One, which pay $77,853, $67,986, and $63,924, respectively.
SunTrust Banks is an industry leader with 22,899 employees and an annual revenue of $9.0B that is headquartered in Atlanta, GA.

The Organization’s Mission

At SunTrust, insightful advice is the hallmark of our service commitment. To provide it, we examine every recommendation we make through the prism of how it provides direction, focus, simplicity and, ultimately, confidence for you and your family.

Industry

Bank Holding

Revenue

$9.0B

Employees

22,899

Founded in

1891

Headquarters

Atlanta, GA

Website

suntrust.com

Organization Type

Public

Is This Your Company?

The Team At SunTrust Banks

Key People
  • Sara Pelletier (Manager)
  • William Rogers Jr (ceo)

SunTrust Banks Reviews

Zippia Official Logo

4.0

Zippia UserDecember 2020

4.0

Zippia Official LogoZippia UserDecember 2020

What Do You Like About Working There?

work-life balance and client Show More

What DON'T You Like About Working There?

everything was about sales Show More

What Are Your Favorite Benefits/Perks?

9-5 schedule and when covis happen they really went out of their way to take care of the employees Show More
Zippia Official Logo

5.0

Zippia UserMay 2019

5.0

Zippia Official LogoZippia UserMay 2019

What Do You Like About Working There?

The team environment and leadership. Show More

What DON'T You Like About Working There?

The pay isn't competitive. Show More

What Are Your Favorite Benefits/Perks?

The health care. Show More
Zippia Official Logo

5.0

Zippia UserApril 2019

5.0

Zippia Official LogoZippia UserApril 2019

What Do You Like About Working There?

Great benefits, healthy working environment overall. Show More

What DON'T You Like About Working There?

Having to work most saturdays. Show More

What Are Your Favorite Benefits/Perks?

Opportunities for growth as well as an increase in raise every first month of the year. Show More
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SunTrust Banks Rankings

SunTrust Banks is ranked #54 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

SunTrust Banks Salaries

How much does SunTrust Banks pay?
The national average salary for a SunTrust Banks employee in the United States is $43,716 per year. Employees in the top 10 percent can make over $88,000 per year, while employees at the bottom 10 percent earn less than $21,000 per year.
9.6
Salary Score
Average Employee Earnings

SunTrust Banks Salaries By Job Title

The average employee at SunTrust Banks earns a yearly salary of $43,716 per year, but different jobs can earn drastically different salaries. The higher paying positions at SunTrust Banks include information technology project manager, team leader, senior software engineer, and lead technician. A typical information technology project manager salary at SunTrust Banks is $143,030 per year. Other roles at SunTrust Banks include customer service representative and cashier. A customer service representative at SunTrust Banks earns an average yearly salary of $20,958.
Job Title
Title
ascdesc
Average Salarydesc
Information Technology Project Manager
Salary Range121k - 168k$143k$143,030
Team Leader
Salary Range102k - 121k$111k$111,495
Senior Software Engineer
Salary Range94k - 114k$104k$104,202
Lead Technician
Salary Range96k - 109k$103k$102,874
Bank Officer
Salary Range88k - 107k$97k$97,495
Investment Associate
Salary Range83k - 106k$94k$94,345
Loan Officer
Salary Range80k - 90k$86k$85,745
Business Analyst
Salary Range73k - 94k$84k$83,610
Quality Assurance Tester
Salary Range68k - 88k$78k$78,205
Credit Analyst
Salary Range65k - 91k$77k$77,346
$31k
$168k

SunTrust Banks Careers

On average, employees at SunTrust Banks stay with the company for 3.5 years. Employees most commonly join SunTrust Banks after leaving Bank of America. When they leave SunTrust Banks, they most frequently get their next job at Wells Fargo.

Average Length of Employment

Capital One
3.0 years
Wells Fargo
2.9 years

Top Employers Before SunTrust Banks

Top Employers After SunTrust Banks

SunTrust Banks Employee Demographics

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

SunTrust Banks Employees Education

Of the 22,899 employees at SunTrust Banks, 11.5% attended Virginia Commonwealth University. Employees at SunTrust Banks most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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SunTrust Banks Employee Political Affiliation

SunTrust Banks employees are most likely to be members of the Republican Party. The largest donation made to a political party by a SunTrust Banks employee was by Kevin Kilgannon. Kevin Kilgannon donated $16,076 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Kevin KilgannonBanker
Kevin Kilgannon
Banker
Banker
Republican Party
Republican Party
$16,076Republican Party
$16,076
Paul MangelsdorfBanker
Paul Mangelsdorf
Banker
Banker
Democratic Party
Democratic Party
$7,500Democratic Party
$7,500
George StadlerRegional Manager
George Stadler
Regional Manager
Regional Manager
Republican Party
Republican Party
$7,000Republican Party
$7,000
Scott Probasco JrChairperson
Scott Probasco Jr
Chairperson
Chairperson
Republican Party
Republican Party
$6,650Republican Party
$6,650
H CumminsBanking
H Cummins
Banking
Banking
Republican Party
Republican Party
$5,600Republican Party
$5,600
Randolph CampbellBanker
Randolph Campbell
Banker
Banker
Republican Party
Republican Party
$5,500Republican Party
$5,500
Peter NostrandChairperson
Peter Nostrand
Chairperson
Chairperson
Democratic Party
Democratic Party
$5,500Democratic Party
$5,500
Charles HillBanker
Charles Hill
Banker
Banker
Republican Party
Republican Party
$5,000Republican Party
$5,000
Dennis McDermottBanking
Dennis McDermott
Banking
Banking
Republican Party
Republican Party
$5,000Republican Party
$5,000
William Rogers JrChief Executive Officer
William Rogers Jr
Chief Executive Officer
Chief Executive Officer
Republican Party
Republican Party
$4,800Republican Party
$4,800
Show More

SunTrust Banks Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1891

Organization type

Public

How Would You Rate The Company Culture Of SunTrust Banks?

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SunTrust Banks Subsidiaries

Subsidiaries to SunTrust Banks include AMTdirect and Asset Management Advisor. Employees at the parent company, SunTrust Banks, earn $43,716. In comparison, the salaries at AMTdirect and Asset Management Advisor are $73,791 and $42,323.
Company
ascdesc
Average Salarydesc
AMTdirect
Salary Range49k - 109k$74k$73,791
Asset Management Advisor
Salary Range29k - 61k$42k$42,323
$29k
$109k

SunTrust Banks Competitors

Competitors of SunTrust Banks include American Express, JPMorgan Chase, and Capital One. The wages at American Express average higher than the other similar companies, where the median salary is $77,853 per year. The salaries at JPMorgan Chase average $67,986 per year, and the salaries at Capital One come in at $63,924 per year.
Companydesc
Average Salarydesc
American Express
Salary Range56k - 107k$78k$77,853
JPMorgan Chase
Salary Range48k - 96k$68k$67,986
Capital One
Salary Range46k - 87k$64k$63,924
TD BANK FINANCIAL GROUP
Salary Range42k - 83k$59k$59,422

First Horizon National

Salary Range39k - 88k$59k$59,273
BB&T
Salary Range33k - 72k$49k$49,208
Bank of America
Salary Range32k - 69k$48k$47,600

WASHINGTON MUTUAL CARD SERV

Salary Range29k - 69k$45k$45,477
Huntington Bancshares
Salary Range30k - 62k$44k$43,859
The PNC Financial Services Group
Salary Range30k - 61k$43k$43,468
$24k
$107k

Frequently Asked Questions about SunTrust Banks

When was SunTrust Banks founded?

SunTrust Banks was founded in 1891.

How many Employees does SunTrust Banks have?

SunTrust Banks has 22,899 employees.

How much money does SunTrust Banks make?

SunTrust Banks generates $9.0B in revenue.

What industry is SunTrust Banks in?

SunTrust Banks is in the bank holding industry.

What is SunTrust Banks's mission?

SunTrust Banks's mission statement is "At SunTrust, insightful advice is the hallmark of our service commitment. To provide it, we examine every recommendation we make through the prism of how it provides direction, focus, simplicity and, ultimately, confidence for you and your family."

What type of company is SunTrust Banks?

SunTrust Banks is a public company.

Who are SunTrust Banks's competitors?

SunTrust Banks competitors include Wells Fargo, Bank of America, Capital One, The PNC Financial Services Group, Regions Financial, American Express, JPMorgan Chase, M&T Bank, BB&T, U.S. Bank, BB&T, First Horizon National, TD BANK FINANCIAL GROUP, Citizens Bank, Fifth Third Bank, Commerce Bancshares, Huntington Bancshares, Firstbank Corp, TCF Bank, WASHINGTON MUTUAL CARD SERV.

Who works at SunTrust Banks?

Sara Pelletier (Manager)

William Rogers Jr (ceo)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of SunTrust Banks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SunTrust Banks. The employee data is based on information from people who have self-reported their past or current employments at SunTrust Banks. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of SunTrust Banks and its employees or that of Zippia.

SunTrust Banks may also be known as or be related to SUNTRUST BANKS INC, SunTrust, SunTrust Banks, SunTrust Banks Inc, SunTrust Banks, Inc. and Suntrust Bank.