ATLANTA, Oct. 30, 2019 /PRNewswire/ -- SunTrust Banks,
Inc. was recognized by the Mortgage Bankers Association (MBA) as a
2019 Residential Diversity and Inclusion Leadership Award winner at
MBA's 2019 Annual Convention & Expo held Oct. 27-30 in Austin,
Texas. The annual awards recognize MBA members for their
leadership efforts in diversity and inclusion in two award
categories: organizational diversity and inclusion, and market
outreach strategies.
SunTrust was one of five 2019 MBA Residential Diversity and
Inclusion Leadership Award recipients, and was recognized as a
Market Outreach Strategies Award winner for its Inclusive
Lending/CRA Strategy and the many initiatives that have been
developed to support clients, partners, teammates and
communities.
"In recent years, diversity and inclusion efforts have been a
main focus of MBA and our members," said Brian Stoffers, CMB, 2020 MBA Chairman, and
Global President, Debt & Structured Finance at CBRE. "This
year's award recipients have shown their commitment to fostering
D&I programs that benefit their organizations as well as the
entire real estate finance industry."
"The SunTrust Inclusive Lending/CRA Strategy has allowed us to
maximize our support of emerging client populations, our referral
partners, and the communities that we serve. We are honored and
grateful to be recognized for our work in this area, and we applaud
the MBA for advancing this issue in our industry." said SunTrust
Inclusive Lending/CRA Strategy Manager Anthony Weekly.
To determine this year's Organizational Diversity, Market
Outreach Strategies, and Non-Lender award winners, submissions were
reviewed by two groups of judges consisting of members of MBA's
Diversity and Inclusion Committee and MBA staff. The companies were
scored by the quality of their overall submission, identification
of a target audience and annual goals, demonstration of a tangible
benefit to participants and the overall enterprise, and the
replicability of the program. Innovative program approaches and
potential success in broadening the culture of the organization
through the values of diversity and inclusion were also
considered.
To learn more about MBA's Diversity and Inclusion efforts,
please visit mba.org/diversity.
About SunTrust Banks, Inc.
SunTrust Banks, Inc.
(NYSE: STI) is a purpose-driven company dedicated to Lighting
the Way to Financial Well-Being for the people, businesses, and
communities it serves. SunTrust leads onUp, a national movement
inspiring Americans to build financial confidence. Headquartered in
Atlanta, the Company has two
business segments: Consumer and Wholesale. 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, 2019, SunTrust had
total assets of $227 billion and
total deposits of $168 billion. The
Company provides deposit, credit, trust, investment, mortgage,
asset management, securities brokerage, and capital market
services. Learn more at suntrust.com.
ABOUT MORTGAGE BANKERS ASSOCIATION:
The Mortgage Bankers Association (MBA) is the national
association representing the real estate finance industry, an
industry that employs more than 280,000 people in virtually every
community in the country. Headquartered in Washington, D.C., the association works to
ensure the continued strength of the nation's residential and
commercial real estate markets, to expand homeownership, and to
extend access to affordable housing to all Americans. MBA promotes
fair and ethical lending practices and fosters professional
excellence among real estate finance employees through a wide range
of educational programs and a variety of publications. Its
membership of over 2,300 companies includes all elements of real
estate finance: mortgage companies, mortgage brokers, commercial
banks, thrifts, REITs, Wall Street conduits, life insurance
companies, and others in the mortgage lending field. For additional
information, visit MBA's Web site: www.mba.org.
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SOURCE SunTrust Banks, Inc.