SunTrust Partners with U.S. Chamber's Hiring Our Heroes Program
ATLANTA, Nov. 12, 2012
ATLANTA, Nov. 12, 2012 /PRNewswire/ --SunTrust Banks, Inc. (NYSE: STI) and
the U.S. Chamber of Commerce today announced SunTrust's partnership and
$100,000 investment in the Chamber's Hiring Our Heroes program. The
nationwide initiative helps veterans and military spouses find meaningful
employment by working with its network of state and local chambers and other
strategic partners from the public, private, and non-profit sectors.
Since the program's launch in March 2011, Hiring Our Heroes has hosted more
than 330 hiring fairs across the country, resulting in more than 14,100
veterans and military spouses securing employment.
"Military men and women provide a diverse pool of talent and their training
and mission focus are among the skills we value throughout our organization,"
said William H. Rogers, Jr., chairman and chief executive officer of SunTrust.
"It is with great respect on this special day honoring our veterans that we
announce our participation in this exceptional program which helps service
members and their families achieve financial well-being by assisting them in
finding employment with SunTrust or other employers."
SunTrust's investment in the program will help fund 10 hiring fairs throughout
its service area in the Southeast and Mid-Atlantic regions. A representative
from the Bank will also serve on the Chamber's Veterans Employment Advisory
"We are excited that Sun Trust is stepping up as a leader in the financial
industry to hire veterans — not just because it's the right thing to do, but
because it's right for their business," said Kevin Schmiegel, executive
director of Hiring Our Heroes. "SunTrust's commitment to addressing veteran
and military spouse unemployment across America sets an example for other
companies to emulate, and we welcome their representation on the Hiring Our
Heroes National Veterans Employment Advisory Council."
About SunTrust Banks, Inc.
SunTrust Banks, Inc., 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, 2012, SunTrust had
total assets of $173.2 billion and total deposits of $127.2 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
various subsidiaries the Company provides mortgage banking, insurance,
brokerage, investment management, equipment leasing and investment banking
services. SunTrust's Internet address is suntrust.com.
About the U.S. Chamber of Commerce
The U.S. Chamber of Commerce is the world's largest business organization
representing the interests of more than 3 million businesses of all sizes,
sectors, and regions. Our members range from mom-and-pop shops and local
chambers to leading industry associations and large corporations. They all
share one thing in common—they count on the Chamber to be their voice in
SOURCE SunTrust Banks, Inc.
Contact: Hugh Suhr, SunTrust, +1-404-827-6813; or Bryan Goettel, Hiring Our
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