BB&T

BB & T Corporation ( Branch Banking and Trust stands for ) is a US-based company with headquarters in Winston -Salem, North Carolina.

The company operates as a credit institution and investment company in the United States and is listed on the stock index S & P 500. The company was founded in 1872 by Alpheus Branch and Thomas Jefferson Hadley. BB & T has more than 1,800 stores in 12 states in the southeastern United States and in Washington, DC. 2009 it comes to the insolvency of the competitors Colonial Bank. BB & T takes over most of the assets of Colonial Bank worth around $ 22 billion. For the BB & T is the largest acquisition in its 137- year history. After deposits is thus the eighth largest bank in the United States ..

BB & T has been active as a sponsor in NASCAR racing.