SunTrust Bank, a wholly-owned subsidiary of SunTrust Banks, Inc. (NYSE:STI), recently won 11 Greenwich Excellence Awards for distinctive quality in serving the financial needs of small business clients in 2013.
SunTrust was among a select group of financial institutions recognized by Greenwich Associates, which evaluated more than 750 banks for the awards.
“SunTrust is honored to receive these awards based on client feedback,” said Beau Cummins, commercial and business banking executive. “Our ability to combine financial expertise with a highly attentive relationship and effective solutions for each client based on their specific needs is what sets us apart. It is rewarding to see that distinction validated by our clients with a significant number of excellence ratings in a variety of categories.”
In 2013, Greenwich Associates surveyed more than 17,000 small businesses with annual revenues of $1 million to $10 million. Respondents were asked to name the banks they used and to rate these providers in a variety of product and service categories. Banks that received customer ratings that topped those of competitors by a statistically significant margin at a 95 percent confidence level were named Greenwich Excellence Award Winners.