activities, are subject to other federal and state laws and regulations, as well as supervision and examination by other state and federal regulatory agencies and other regulatory authorities, including the Securities and Exchange Commission; Financial Industry Regulatory Authority; NYSE Euronext, Inc.; and various state insurance and securities regulators. The Dodd-Frank Wall Street Reform and Consumer Protection Act implements various and far-reaching changes that affect financial companies, including banks, BHCs and FHCs, such as the company. The bank’s deposits are insured by the Deposit Insurance Fund of the FDIC up to the limits set forth under applicable law. In connection with its lending and leasing activities, the bank is subject to various federal and state laws designed to protect borrowers and promote lending to various sectors of the economy and population. These laws include the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Truth in Lending Act, the Home Mortgage Disclosure Act, the Real Estate Settlement Procedures Act, and their respective state law counterparts. The Community Reinvestment Act of 1977 (CRA) requires the bank’s primary federal bank regulatory agency, the FDIC, to assess the bank’s record in meeting the credit needs of the communities served by the bank, including low- and moderate-income neighborhoods and persons. The CRA record of each subsidiary bank of a FHC, such as the company, is also assessed by the Board of Governors of the Federal Reserve System in connection with any acquisition or merger application. History BB&T Corporation was founded in 1872.
bb&t corp (BBT:New York)
200 West Second Street
Winston-Salem, NC 27101
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