ATLANTA, Nov. 18, 2013 /PRNewswire/ -- The SunTrust Foundation announced today it is making a $100,000 donation to the Philippine Red Cross Typhoon Haiyan relief fund.
"This storm devastated families and entire communities in the Philippines, and recovering from it will require the skills and resources from people around the world," stated William H. Rogers, Jr., chairman of the SunTrust Foundation. "Our contribution to the Philippine Red Cross will assist those with the greatest need, and help those communities begin to recover."
The SunTrust Foundation's mission is to provide monetary support to nonprofit organizations and institutions engaged in activities promoting education, health and human services, culture and art, and civic and community involvement that contribute to the social and economic development primarily in the communities SunTrust serves.
About SunTrustSunTrust Banks, Inc. (NYSE: STI), headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2013, SunTrust had total assets of $171.8 billion and total deposits of $128.9 billion. Through its flagship subsidiary, SunTrust Bank, the Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the Company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com. SOURCE SunTrust Foundation