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SunTrust Foundation donates $15,000 to help East Tennessee fire victims rebuild
ATLANTA — Today, the SunTrust Foundation announced a $15,000 grant to the My People Fund to assist families whose homes are inhabitable or destroyed by the recent wildfires in East Tennessee.
“There are many people who need our assistance rebuilding their homes and lives due to the aftermath of the fires in the Smoky Mountains,” said David Fuller, president of the SunTrust Foundation. “It’s our hope that donations to the My People Fund will help families move forward and restore their financial confidence during this difficult time.”
The My People Fund, inspired by Dolly Parton and administered through The Dollywood Foundation, will provide $1,000 each month to Sevier County families who lost their primary residence (renters and homeowners) as a result of the fires.
“Our thoughts go to the families who’ve lost their homes and businesses that have been impacted by the wildfires,” said Harry Gross, Knoxville City president. “We are here to support each other, our clients and our neighbors as we work to restore our community.”
East Tennessee is home to 29 SunTrust branches and maintains leading deposit market share in the greater Knoxville area. Following the news of the fires, SunTrust teammates rallied together to show their support, including contributing relief items to local organizations established to aid those impacted.
SunTrust Banks, Inc. is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, the Company has three business segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of September 30, 2016, SunTrust had total assets of $205 billion and total deposits of $159 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
The SunTrust Foundation is dedicated to the company’s purpose of Lighting the Way to Financial Well-Being by engaging organizations to advance financial confidence. Grants and activities focus primarily on financial empowerment, but also include education, health and human services, civic improvement and cultural growth. The SunTrust Foundation supports American Red Cross disaster relief efforts and contributes as a United Way Global Corporate Leader. Established in 2008, the SunTrust Foundation has proudly provided grants totaling more than $100 million throughout the Southeast and Mid-Atlantic regions.
Published December 8, 2016 |
