Suntrust Banks BankRank.org
Statistics
| Number of Complaints | 7,342 (13 In Progress) |
|---|---|
| Complaints per $100K of Deposits | 4.48 |
| Complaints Resolved in a Timely Manner | 99.9% |
| Resolutions Disputed by Customer | 6.2% |
| Complaints Resolved in Customer's Favor | 98.7% |
Financial Report
| Established | September, 1891 |
|---|---|
| FDIC Certificate # | 00867 |
| Number of Branches | 1,302 (5 International) |
| Total Assets | $201.6 Million |
| Total Deposits | $164.1 Million |
| Total Equity Held | $24.4 Million |
| Quarterly Net Income | $0.8 Million |
Contact Information
Cooperate Headquarters303 Peachtreet Street, Northeast
Atlanta, GA 30308
Website
WWW.SUNTRUST.COM
Back to BankRank.org/Banks Top of Page
| Other Names (or Trade Names) |
|---|
| none |
| Deposit Accepted Websites |
|---|
| none |
† Directly as reported by the bank on Schedule RC-M of the FFIEC Call report, no system edits.
Suntrust Banks, Inc. is ranked 304th out of 3,648 banks. That puts Suntrust Banks in the bottom 26th percentile and gives them an overall grade of "D". This ranking is based upon customer complaints to the Consumer Finance Protection Bureau (CFPB) and public data about FDIC insured financial institutions. There are 7,342 complaints against Suntrust Banks and 1,002,502 complaints total.
Of the 7,342 complaints again Suntrust Banks, there have been 1,773 in the passed 18 months. Of those 1,773 complaints, 98.7% have been resolved in the customers favor, 6.2% have been disputed by the customer, and 99.9% have been resolved in a timely manner. The CFPB allows 60 days to resolve complaints before considering them "untimely". Additionally, Suntrust Banks has $164.1 million is customer deposits which means there are 4.48 complains per $100K in customer deposits.
The statistics and figures above are averaged and ranked. We then compute teach bank's overall percentile based upon these scores. Learn more details about our ranking methodology.
Break-down by Financial Product
Grades are also broken down by financial products offered by each institution. Suntrust Banks, Inc. is graded in 6 categories of financial products they offer. The top 3 categories are Checking or Savings Account, Mortgage and Bank Account or Service.
Suntrust Banks, Inc. is rated "C" in Checking or Savings Account; "C+" in Mortgage; "D-" in Bank Account or Service; "C+" in Credit Reporting; "A-" in Credit Card; and "C-" in Debt Collection.
Click here to see Complete Suntrust Banks Report Card »
Financial Summary
Suntrust Banks was established and FDIC insured in September, 1891. Based on its asset concentration, this institution specializes in commercial lending. Suntrust Banks, Inc. has $201.6 Million is assets (12th overall) and holds $164.1 Million is customer deposits (12th overall).
Suntrust Banks has 1,310 domestic offices and 5 foreign offices. Click here to see map of all offices.
Click here to see complete financial report or to see full history.
Below is the list of the top 10 complaint reasons against Suntrust Banks, Inc.. Click here to see all complaints against Suntrust Banks.
| # | Product | Sub-Product | Issue | Count |
|---|---|---|---|---|
| 1 | Checking or savings account | Checking account | Managing an account | 263 |
| 2 | Mortgage | Conventional home mortgage | Trouble during payment process | 82 |
| 3 | Bank account or service | Checking account | Account opening, closing, or management | 79 |
| 4 | Checking or savings account | Other banking product or service | Managing an account | 75 |
| 5 | Checking or savings account | Checking account | Closing an account | 65 |
| 6 | Checking or savings account | Checking account | Problem caused by your funds being low | 65 |
| 7 | Bank account or service | Checking account | Problems caused by my funds being low | 50 |
| 8 | Bank account or service | Checking account | Deposits and withdrawals | 47 |
| 9 | Mortgage | Other type of mortgage | Trouble during payment process | 45 |
| 10 | Mortgage | Conventional fixed mortgage | Loan servicing, payments, escrow account | 43 |