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With a community bank approach, M&T Bank helps people reach their personal and business goals with banking, mortgage, loan and investment services. A combined BB&T Corp. and SunTrust Banks Inc. would create a top mortgage originator and servicer, Susquehanna's Jack Micenko said via an. BB&T Mortgage Reinsurance Company. Vermont(1). Branch Realty, Inc. Virginia(1). BT Financial Corporation. North Carolina(1,22). BB&T Small Business Loan.
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Sheffield Financial

Choose your equipment: Decide which manufacturer or brand of equipment you are interested in purchasing by visiting your local dealer. If you aren't able to get to the dealer in person, you can also visit our website at Sheffieldfinancial.com, and follow the equipment manufacturers link to see which manufacturers we finance. We also provide links to the manufacturer's website so you can see their equipment lineup.

Price your equipment. Once you get an idea about the equipment you want, consider the cost and how much you will need to finance. For qualified customers, Sheffield does not require a down payment.

The application process: After you have researched your purchase and have the manufacturer brand, product type, and estimate of how much you need to borrow, you are ready to apply for financing. This can be done a few different ways. Depending on the dealership, they may submit an application for you. Another option is for you to apply online yourself by simply going to Sheffieldfinancial.com and clicking on the New Loan Application link in the Customer section on our home page. As I mentioned earlier, you will need to provide the manufacturer, product type, an estimated amount requested plus some personal information about yourself. After the application is complete, either the dealer or you will submit it to one of our excellent lending officers.

That brings me to one of the reasons Sheffield is a leader in financing small equipment purchases, which is the wait time and that there virtually isn't one. You can expect an answer within 15 minutes or less if you apply during our extended business hours. We work nights and weekends, so we fit your schedule and not the other way around.

Approval and contract: If you applied online yourself, you'll receive a response by email. If you are approved or we need additional information to make a decision, you will be instructed to call Sheffield at 800-438-8892 option 1. At this time, you can also discuss the equipment models that are eligible for financing and have any other questions answered.

If approved, you will be directed to go to the dealership of your choice with proper identification. If the dealer submitted the application for you, they will handle all of the next steps if the application is approved. These next steps will include printing the loan contract for your signature, processing any necessary title work and discussing any additional loan requirements with you. As soon as the paperwork is completed and the dealer has your unit ready for delivery, you can take your new purchase home with you.

Enjoy your new equipment. After the sale, we remain committed to you, our customer. We have e-statements available as well as automatic payment draft, so you will save time, postage, and don't have to worry about the payment getting lost in the mail. We can also take payments through our website or Sheffield Phone 24 at any time that is convenient for you. We also have a dedicated team of customer service representatives at 888-438-8837 to answer your questions when you need us.

Источник: https://www.sheffieldfinancial.com/

Mortgages

BBT Group enlists the help of independent, carefully selected third party specialists to provide mortgage advice for all our clients, including first-time buyers, those looking to re-mortgage, home movers and experienced buy-to-let landlords.

While a mortgage is essentially a loan that is secured against your home, there are a variety of mortgages and mortgage interest rate options available to choose from to meet various needs, depending on your goals and risk characteristics. It is very important to understand the differences between each type of mortgage when financing your new home, so that you can choose the right product to suit your budget, but also feel confident in your decision.

Buying a property is the biggest single financial commitment you'll ever make. At BBT Group Ltd, we call on our approved specialists to help you find the most suitable mortgage product that suits your requirements.

A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

The Financial Conduct Authority does not regulate most forms of buy to let mortgages.

Источник: https://www.bbtgroup.co.uk/mortgages.html

Pros Explained

  • Open a checking or savings account with $100 or less: Aside from the premium accounts, customers can open a checking or savings account with a required minimum deposit of $100 or less. This low minimum opening deposit makes it easier for customers to transition from their existing bank.
  • Savings account with no minimum deposit or monthly fees: In today’s low-interest-rate environment, it is important to be able to have a savings account without monthly fees offsetting the interest that you earn. The online-only eSavings account has no minimum balance requirements, and there is no minimum opening deposit.
  • Flexible options with CDs: Customers have several options when opening a certificate of deposit (CD). They can open a standard CD, use promotional pricing, take advantage of rate changes, or lock in guaranteed annual rate increases.

Cons Explained

  • Uncompetitive interest rates on deposit accounts: Although BB&T Bank offers tiered pricing on some of its deposit products, the interest rates that it offers are not competitive with other banks.
  • Limited geographic footprint: The bank is growing its presence through acquisition, but it does not have any branches west of Texas.

Who Is BB&T Bank Best For?

BB&T Bank should appeal to consumers living within the 17 states (and Washington, D.C.) where it has branches. It may be a good fit if you:

  • Live in one of those states
  • Want a full-service bank that offers loans, deposits, and investments
  • Are looking to open a checking or savings account with $100 or less
  • Want a checking account with a low monthly fee
  • Desire a savings account with no monthly fee
  • Want flexible options with your CDs

What Does BB&T Bank Offer?

As a large full-service regional bank, BB&T offers an extensive menu of accounts and services to its customers. For most deposit accounts customers can choose from several options that fit their needs and budget.

Checking Accounts

BB&T Bank customers have several options for their checking needs. These include two standard checking accounts, a student account, a senior account, and a premium account.

  • BB&T Fundamentals: This checking account is designed for people who are concerned about meeting balance or direct-deposit requirements. It requires a $50 minimum opening deposit and offers a flat monthly fee of $5.
  • Bright Banking: This checking account allows customers to waive the $12 monthly fee by keeping a $1,500 average balance or having direct deposits of $500 or more. There is a $50 minimum opening deposit.
  • Student Checking: Students can open a checking account with no minimum opening deposit and no monthly fees. Additionally, this account waives up to two non-BB&T ATM fees each statement cycle. Students can also open an eSavings account and have the monthly maintenance fee waived.
  • Senior Checking: Anyone aged 55 years and older can open this account. It includes free checks and the ability to withdraw funds from a CD early for medical emergencies without incurring a penalty fee. It requires $100 to open, and the $10 monthly fee can be waived by maintaining a $1,000 balance or having $500 in combined direct deposits.
  • Elite Gold: This premium checking account provides no-fee money orders, bonus rates on CDs, two overdraft fee waivers per month, and up to four non-BB&T ATM waivers per month. The opening deposit must be at least $100, and there are two ways to waive the $30 monthly fee: by keeping $25,000 in combined deposits and investments or having a BB&T mortgage with an original balance of $150,000 or more.
  • BB&[email protected]: Employees at participating companies have access to this account, which provides additional perks such as unlimited no-fee money orders and bonus rates on CDs. There is a $100 minimum opening deposit required. The $15 monthly fee can be waived by having $750 in direct deposits per month, keeping a $1,000 average balance, maintaining $15,000 in combined deposits and investments, or having a BB&T mortgage with an original balance of $150,000 or more.
  • Vantage Checking: BB&T Wealth clients receive additional perks with this checking account. It provides premium tiered interest rates and waives fees for overdrafts, secondary accounts, wires, and more. There is a $100 minimum opening deposit required and $50 annual fee, which can be waived by keeping $25,000 in combined balances in the checking and Vantage Investor’s Deposit Account (a money market savings account) or having $100,000 in combined deposit, lending, and investment balances.

Customers using the bank’s ATM card can use any of its 2,400 ATMs without a fee. If you use another bank’s ATM, BB&T Bank will charge you $3 per transaction.

BB&T BANK CHECKING ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
Fundamentals Checking$50$5None
Bright Checking$50$12None
Student Checking$0$0None
Senior Checking$100$10None
BB&T@Work$100$15None
Elite Gold$100$300.01%
Vantage Checking$100$50 per year0.01% for deposits under $100,000
0.03% for deposits from $100,000 to $99,999,999,999

Money Market Accounts

There are three money market accounts available from BB&T.

  • High-Performance Money Market Account: This account can be opened with $100 and offers a tiered rate of interest to reward larger balances. It carries a $12 monthly fee, which can be avoided by maintaining a $1,000 minimum daily balance.
  • Investor’s Deposit Account: This account also provides a tiered rate of interest, but it requires a $10,000 minimum deposit to open one. There is a $15 monthly service fee that is waived when you maintain a $10,000 minimum balance.
  • Vantage Investor’s Deposit Account: BB&T Wealth clients have access to this account, which provides premium tiered interest rates. You must deposit $25,000 when opening one, and there is a $25 monthly fee if you don’t maintain a $25,000 minimum daily balance. This account can also be used as overdraft protection for the Vantage Checking account.
BB&T BANK MONEY MARKET ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
High Performance Money Market Account$100$120.01% $0 to $9,999

0.01% $10,000 to $99,999,999,999
Investor’s Deposit Account$10,000$150.01%
Vantage Investor’s Deposit Account$25,000$250.01% $0 to $49,999

0.01% $50,000 to $99,999,999,999

Savings Accounts

There are three savings accounts offered by BB&T.

  • eSavings: This is the primary savings account for BB&T. It has no monthly maintenance fees, no minimum opening deposit, and no monthly balance requirement. Its interest rate is compounded daily.
  • Health Savings Account (HSA): This account pairs with a high-deductible health insurance plan. It has no minimum balance requirement, no setup or transaction fees, and a monthly maintenance fee of $3 or less, depending on the state where you live. It offers tiered interest rates.
  • Young Savers:This account is for children under the age of 18 and has no minimum opening deposit, no monthly fees, and no inactivity fees. Its interest rate is compounded daily.
BB&T BANK SAVINGS ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
eSavings Account$0$00.01%
Health Savings Account$0$30.01%
Young Savers$0$00.01%

CDs

There are four types of CDs to choose from at BB&T.

  • Personal CDs: These offer a guaranteed rate of return for up to five years.
  • Personal CD Specials: These are available for a limited time and the rates and terms vary.
  • Can’t Lose CDs: These protect customers whether rates rise or fall.
  • Stepped Rate CDs: These provide interest rates that are guaranteed to rise once a year, every year.

CDs renew automatically at maturity at the current rates. For terms less than 32 days, there is a one-day grace period to withdraw or change the term without penalty. All other CDs have a 10-calendar-day grace period.

The bank charges an early withdrawal penalty if you withdraw money before the CD matures. Penalties vary depending upon the length of the CD term.

BB&T BANK CD RATES
TERMPERSONAL CD APYSPECIAL CD APYCAN’T LOSE CD APY
Seven Days0.01%N/AN/A
30 Days0.01%N/AN/A
60 Days0.01%N/AN/A
90 Days0.01%N/AN/A
120 Days0.01%N/AN/A
150 Days0.01%N/AN/A
180 Days0.01%N/AN/A
270 Days0.01%N/AN/A
360 Days0.01%N/AN/A
18 Months0.01%N/AN/A
Two Years0.01%N/AN/A
30 Months0.01%N/A0.01%
Three Years0.01%N/AN/A
42 Months0.01%N/AN/A
Four Years0.01%N/AN/A
Five Years0.01%N/AN/A
BB&T STEPPED RATE CD RATES
YEAR 1YEAR 2YEAR 3YEAR 4
Stepped Rate CD APY0.01%0.02%0.03%0.04%
BB&T BANK CD EARLY WITHDRAWAL PENALTIES
TERMPENALTIES
Under Three MonthsAll interest that would have been earned or $25, whichever is greater
Three to 12 MonthsThree months simple interest or $25, whichever is greater
13 to 23 MonthsSix months simple interest or $25, whichever is greater
Two Years and More12 months simple interest or $25, whichever is greater

Credit Cards

BB&T Bank has four credit card choices for customers. Each is designed with a specific consumer in mind and has benefits ideal for that audience. There is a balance transfer card, one with cash back, and a travel rewards card.

Customers may check for prequalified offers without affecting their credit score. Such offers may be available in as little as 60 seconds.

Here are the credit cards offered:

  • BB&T Bright
  • BB&T Spectrum Cash Rewards
  • BB&T Spectrum Travel Rewards
  • BB&T Vantage Visa Signature Credit Card

Other Financial Products Offered by BB&T Bank

As a large regional bank, BB&T Bank offers a variety of accounts and services to meet the needs of its customers:

  • Auto loans
  • Boat and recreational vehicle loans
  • Personal loans
  • Personal Lines of Credit
  • Purchase mortgages
  • Refinance mortgages
  • Home Equity Loans and Lines of Credit (HELOCs)
  • Individual Retirement Accounts (IRAs)
  • College savings accounts
  • Self-directed trading
  • Managed investment portfolios
  • Financial advisors
  • Insurance
  • Business loans

BB&T Bank Customer Service

Customer service is available by phone at 1-800-226-5228, Monday through Friday from 8 a.m. to 8 p.m. EST. and Saturday from 8 a.m. to noon EST. It is closed on Sundays.

There are more than 2,900 branches across 17 states (and Washington, D.C.) for you to speak with a banker in person. Branches are located along the East Coast and as far west as Texas.

Your account is available 24 hours a day online and through BB&T’s mobile app, which is available for both Apple (4.8 stars, 346,400 ratings) and Android (4.7 stars, 56,699 ratings) mobile devices. The app allows you to view transaction history, personalize your accounts, pay bills, deposit checks, and more. It even has a budget feature that tracks your spending against your goals.

General questions can be answered through BB&T Bank’s Twitter account. However, for security reasons, do not include your account number, Social Security number, or any other personally identifiable information.

How to Bank With BB&T Bank

You can open an account online, over the phone, or at a branch, of which there are more than 2,900 available in Washington, D.C., and the following states:

  • Alabama
  • Arkansas
  • Florida
  • Georgia
  • Indiana
  • Kentucky
  • Maryland
  • Mississippi
  • New Jersey
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Virginia
  • West Virginia
Verdict

BB&T Bank is a full-service regional bank well suited for customers who live near one of its branches. It has most of the account types that a customer would want, but its interest rates are not competitive with other banks. That being said, the bank does offer multiple checking account options to meet your needs and budget. It would do well as a primary bank for day-to-day needs.

Customers looking for high-yield savings accounts, money market accounts, and CDs should look elsewhere. BB&T Bank does offer tiered pricing for higher deposit levels, but the interest rates are much lower than the alternatives.

Methodology

Investopedia is dedicated to providing consumers with unbiased, comprehensive reviews of banks. We collected over 20 data points across more than 80 banks—including products available, interest rates, fees, and accessibility—to ensure that our content helps users make the right decision for their savings and banking needs.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy .

  1. Apple.com. "U by BB&T." Accessed July 20, 2020.

  2. Google.com. "U by BB&T." Accessed July 20, 2020.

  3. Twitter.com. "@BBT." Accessed July 20, 2020.

Источник: https://www.investopedia.com/bb-t-bank-review-5070334

BB&T and SunTrust mortgages are transitioning to Truist. 

Truist Bank, Member FDIC. © 2021 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Truist Bank, Member FDIC and an Equal Housing Lender

Investment and Insurance Products:
• Are Not FDIC or any other Government Agency Insured • Are Not Bank Guaranteed • May Lose Value

All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., and P.J. Robb Variable Corp., which are SEC registered broker-dealers, members FINRASIPC, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc. , GFO Advisory Services, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank now Truist Bank. Insurance products and services are offered through McGriff Insurance Services, Inc. Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477. Both McGriff and Crump are wholly owned subsidiaries of Truist Insurance Holdings, Inc.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: Truist Bank, our commercial bank, which provides banking, trust and asset management services; Truist Investment Services, Inc., a registered broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products; Truist Advisory Services, Inc., an SEC registered investment adviser which provides Investment Advisory services.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist  Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC.  Loan syndications are offered by Truist Securities, Inc. Loans and loan related products are offered by Truist Bank.

Источник: https://www.truist.com/mortgage/manage-your-mortgage

Reviews: BB&T Auto Loans

Overall lender rating

from Credit Karma members
personal loans document icon

Explore our auto loans

See offers from 20+ lender partners to find one that matches your goals.

Member ratings

All member reviews (6)

Great experience

Credit Karma member

My husband and I recently refinanced one of our vehicles and recieved a lower interest rate and payment at the same term. They have communicated with us several times to let us know about their company and procedures. First bill is paid, and we couldn't be happier with them so far. We're looking into refinancing our other vehicle to them as well.

Good for no Credit but high rates

Credit Karma member

I was new to this country when I first applied for Autoloan from these guys. Purchased a 2008 Hyundai Sonata for 11k in 2010 Feb. No one was giving me credit and I got 8.5% APR. A year and half later when I went back to them for my Infinity G35x they did not reduce my rates, even after I paid my prior loan, on time every time. I had again went with them as no one else was giving me credit. By a year later, I got down 1.99% from DCU with 687 score. My Score was low because of multiple enquiries and no history, though there were no missed payments. So I would recommend this product if you have no credit and building one.

Okay to work with

Credit Karma member

Definitely not the best bank I have worked with but not the worst either. I have not really had any issues to deal with loan. The few times I have called about things the customer service is mediocre at best. If their rate is the best you can get go with them if not go elsewhere.

Credit Karma member

bb&t are not good .because of health issued i had to let my car go back and they got a judgement on me .i hope they rott .

Credit Karma member

Friendly and willing to work with you! Im 22 and I have a car in my name with no co-signer and its my first car! Also low intrest rates!

Credit Karma member

We have had two auto loans through BB&T. They have been excellent--easy to work with and reasonable. Both times, we were referred through the car dealers where we bought cars.

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Explore our auto loans

See offers from 20+ lender partners to find one that matches your goals.

Источник: https://www.creditkarma.com/reviews/auto-loan/single/id/branch-banking-and-trust-auto-loans

BB&T, Now Truist, Review

BB&T (Branch Banking and Trust Company) merged with SunTrust Bank to become Truist Bank in December 2019. While the two banks still operate as separate financial institutions, they’ll soon have a unified presence under the Truist brand, reportedly sometime in 2022.

BB&T offers a wide range of financial services and products for individuals and businesses, including a suite of personal banking products. The Charlotte, North Carolina-based bank operates over 1,700 financial centers across 15 states and Washington D.C. BB&T has been headquartered in Winston-Salem, North Carolina, but is moving to Charlotte under the merger.

BB&T product details, rate and fee information may vary by location. We used North Carolina for the purposes of this review, since that’s where the bank is headquartered.

This review focuses on BB&T’s personal banking services. Account details and annual percentage yields (APYs) are accurate as of Sept. 21, 2021.

Account Basics

Checking

The primary bank account for transactions is your checking account. BB&T offers five checking accounts to meet varying customer needs: BB&T Fundamentals, Bright Banking, Student Checking, Senior Checking and Elite Gold.

BB&T Fundamentals. This basic checking account requires a $50 minimum opening deposit and has no ongoing balance requirement. It does, however, come with a $5 monthly maintenance fee that can’t be waived. The Fundamentals account comes with a debit card and fee-free ATM use at BB&T ATMs. BB&T charges a $3 fee for out-of-network ATM use (plus any fees charged by the ATM owner).

Bright Banking. Bright Banking is another basic checking account, but this one offers two ways for customers to avoid its $12 monthly fee. You can avoid the fee by keeping an average balance of $1,500 or by receiving direct deposits of $500 or more each statement period. A $50 minimum opening deposit is required to open an account.

Student Checking. Student Checking accounts are for students ages 23 and under. The account features no minimum opening deposit and no monthly fees. Student Checking also waives fees on the first two out-of-network ATM transactions per statement cycle.

Senior Checking. Senior Checking is for individuals at least 55 years of age. There is a $100 minimum deposit requirement to open an account, but it comes with perks. You have the option to personalize your debit card. Also, the account comes with free wallet-style checks with a BB&T design—there’s a $6 discount on other designs. The account charges a $10 monthly maintenance fee, but it’s waived if you keep a $1,000 average balance or have $500 in combined direct deposits each statement period.

Elite Gold. Elite Gold is an interest-bearing checking account with plenty of extra benefits. The account currently earns just 0.01% APY on all balances, but it comes with other perks like:

  • Official checks
  • Bonus rates on CDs and IRAs
  • Two overdraft protection transfer fees waived per statement period
  • Waived fees on the first four out-of-network ATM transactions per statement period

Elite Gold has a $30 monthly fee, waived with a $25,000 combined personal deposit or investment balance or a BB&T mortgage loan of at least $150,000.

Savings

BB&T offers three primary savings accounts for its customers: eSavings, Investor’s Deposit Account and Young Savers.

eSavings. This online-only savings account is no-frills. It features no monthly fee, no minimum balance requirements and no minimum opening deposit requirement. Unfortunately, the account only earns 0.01% APY on all balances, much lower than you can earn with a high-yield savings account at many online banks.

Investor’s Deposit Account. BB&T’s Investor’s Deposit Account is a premium savings account that requires a $10,000 minimum opening deposit. Like most BB&T accounts, it earns a low interest rate, currently at 0.01% APY on all balances. You must keep a $10,000 minimum balance to avoid the account’s $15 monthly fee.

Young Savers. Young Savers is an account for kids under 18 years old. It allows for unlimited deposits, withdrawals and transfers at BB&T ATMs and branches. There’s no minimum deposit requirement to open an account. It also comes with no monthly fee or inactivity fee.

Money Market

BB&T is also home to the High Performance Money Market Account. A money market account (MMA) is a type of bank account that typically offers competitive rates, like a high-yield savings account, plus popular features of a checking account, like a debit card and check-writing privileges.

The High Performance Money Market Account currently earns 0.01% APY on all account balances, well below what you can find with the best money market accounts. Opening a money market account requires a $100 minimum deposit. There’s also a $12 monthly maintenance fee attached to the account, although you can get it waived by keeping a $1,000 minimum balance. Money market accounts come with unlimited deposits, transfers and withdrawals at BB&T branches and ATMs but are subject to other transaction limits for online, telephone and automatic transfers and withdrawals.

CDs

There are several available BB&T certificates of deposit (CDs), depending on your needs. Unfortunately, most of its CDs rates aren’t competitive with the best CD rates on the market.

Personal CDs. BB&T Personal CDs come in 16 term lengths, ranging from seven days to five years. Between seven and 31 days, CD terms require a $2,500 minimum deposit, but longer terms only require $1,000 to open. Currently, all Personal CDs earn 0.01% APY, regardless of term length and account balance.

Can’t Lose CDs. Can’t Lose CDs allow you to either add funds to your CD at your current rate or lock in a higher rate with a new CD. This CD is only available in a 30-month term and requires a $1,000 minimum deposit. You can deposit an additional $10,000 after the first 12 months of your term have passed. A Can’t Lose CD allows for one penalty-free withdrawal after the first 12 months of the term. Currently, it pays 0.01% APY on all balances.

Stepped Rate CDs. This CD option comes with a guaranteed interest rate increase once a year, every year during your term. Stepped Rate CDs are only available in a 48-month term and require a $1,000 minimum deposit. You can also add one additional deposit, up to $10,000, per year. Another perk included with Stepped Rate CDs is one penalty-free withdrawal 24 months after the initial deposit.

Here’s an overview of BB&T’s Personal CD Rates:

Other Accounts and Services

Besides its personal deposit accounts, BB&T also offers the following financial products and services:

  • Health Savings Account (HSA)
  • Prepaid cards
  • Credit cards
  • Mortgage loans
  • Home equity loans
  • Home Equity Lines of Credit (HELOCs)
  • Auto loans
  • Personal loans
  • Investment products and services
  • Retirement accounts
  • Coverdell Education Savings
  • Personal insurance
  • Small business banking and lending
  • Commercial banking and lending
  • Wealth management services

Access on the Go

BB&T accounts are accessible online or through its mobile app, U by BB&T. The highly rated app is available on the App Store (4.8 stars out of 5) and Google Play (4.6 stars out of 5). The app offers many of the banking app features you would expect, like:

  • Account management
  • Mobile check deposit
  • Bank transfers
  • Bill pay
  • Email and text payments
  • Card lock
  • Budgeting
  • Branch and ATM locator

Online account management includes helpful tools like free credit score monitoring, transaction categorization, budgeting tools and goal setting and tracking.

General phone support is available for BB&T customer service by calling 800-226-5228 during business hours. Customers can also log in to their account online and send a secure message.

Pros

  • Relatively low minimum open deposit requirements
  • No monthly fee with the online savings account
  • Highly rated mobile app

Cons

  • Interest rates on most deposit accounts aren’t competitive
  • Physical branches only in 15 states and Washington D.C.
  • High overdraft fees—$36 per overdraft

How BB&T Stacks Up

BB&T is a good choice for individuals looking for a bank that offers in-person and online banking in areas where BB&T does business. None of its deposit accounts offer competitive interest rates, but the bank provides a full assortment of accounts that serve a wide range of customer needs. Many of BB&T’s accounts feature low monthly fees and ways to waive fees easily. But those looking to build savings through higher interest rates may want to look elsewhere.

Frequently Asked Questions (FAQs)

Yes, BB&T is FDIC insured as Truist Bank (FDIC# 9846). All BB&T accounts are FDIC insured up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.

Yes, BB&T employs the latest encryption technology and other security measures to protect customers’ personal and financial information.

What is required to open a BB&T account?

You can open an account online through BB&T’s website, by branch or by phone. You’ll need to provide personal information to confirm your identity, like your social security number, date of birth, physical address and a government-issued photo ID. You’ll also need a way to fund your account at the time of opening.

How do I reach a live person at BB&T?

You can reach BB&T customer support by calling 800-226-5228 during business hours. You can also visit a branch, send a secure message via the bank’s online portal or tweet the bank at @BBT.

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Источник: https://www.forbes.com/advisor/banking/bbt-now-truist-review/

BB&T and SunTrust mortgages are transitioning to Truist. 

Truist Bank, Member FDIC. © 2021 Truist Financial Corporation. Truist, the Truist logo and Truist Purple are service marks of Truist Financial Corporation.

Truist Bank, Member FDIC and an Equal Housing Lender

Investment and Insurance Products:
• Are Not FDIC or any other Government Agency Insured • Are Not Bank Guaranteed • May Lose Value

All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real bbt mortgage industry. Search the NMLS Registry.

Services provided by the following affiliates of Truist Financial Corporation: Banking products and services, including loans and deposit accounts, are provided by SunTrust Bank and Branch Banking and Trust Company, both now Truist Bank, Member FDIC. Trust and investment management services are provided by SunTrust Bank and Branch Banking and Bbt mortgage Company, both now Truist Bank, and Truist Delaware Trust Company. Securities, brokerage accounts and /or insurance (including annuities) are offered by Truist Investment Services, Inc., and P.J. Robb Variable Corp., which are SEC registered broker-dealers, members FINRASIPC, and a licensed insurance agency where applicable. Investment advisory services are offered by Truist Advisory Services, Inc.GFO Advisory Services, LLC, Sterling Capital Management, LLC, and Precept Advisory Group, LLC, each SEC registered investment advisers. Sterling Capital Funds are advised by Sterling Capital Management, LLC. Mortgage products and services are offered through SunTrust How to call and check cash app card balance, a tradename for SunTrust Bank now Truist Bank. Insurance products and services are offered through McGriff Insurance Services, Inc. Life insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477. Both McGriff and Crump are wholly owned subsidiaries of Truist Insurance Holdings, Inc.

"Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist Financial Corporation: Truist Bank, our commercial bank, which provides banking, trust and asset management services; Truist Investment Services, Inc., a registered broker-dealer, which is a member of FINRA and SIPC, and a licensed insurance agency, and which provides securities, annuities and life insurance products; Truist Advisory Services, Inc., an SEC registered investment adviser which provides Investment Advisory services.

Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist  Financial Corporation and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC.  Loan syndications are offered by Truist Securities, Inc. Loans and loan related products are offered by Truist Bank.

Источник: https://www.truist.com/mortgage/manage-your-mortgage

Mortgages

BBT Group enlists the help of independent, carefully selected third party specialists to provide mortgage advice for all our clients, including first-time buyers, those looking to re-mortgage, home movers and experienced buy-to-let landlords.

While a mortgage is essentially a loan that is bbt mortgage against your home, there are a variety of mortgages and mortgage interest rate options available to choose from to meet various needs, depending on your goals and risk characteristics. It is very important to understand the differences between each type of mortgage when financing your new home, so that you can choose the right product to suit your budget, but also feel confident in your decision. gleaners food bank jobs indianapolis

Buying a property is the biggest single financial commitment you'll ever make. At BBT Group Ltd, we call on our approved specialists to help you find the most suitable mortgage product that suits your requirements.

A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

The Financial Conduct Authority does not regulate most forms of buy to let mortgages.

Источник: https://www.bbtgroup.co.uk/mortgages.html

Pros Explained

  • Open a checking or savings account with $100 or less: Aside from the premium accounts, customers can open a checking or savings account with a required minimum deposit of $100 or less. This low minimum opening deposit makes it easier for customers to transition from their existing bank.
  • Savings account with no minimum deposit or monthly fees: In today’s low-interest-rate environment, it is important to be able to have a savings account without monthly fees offsetting the interest that you earn. The online-only eSavings account has no minimum balance requirements, and there is no minimum opening deposit.
  • Flexible options with CDs: Customers have several options when opening a certificate of deposit (CD). They can open a standard CD, use promotional pricing, take advantage of rate changes, or lock in guaranteed annual rate increases.

Cons Explained

  • Uncompetitive interest rates on deposit accounts: Although BB&T Bank offers tiered pricing on some of its deposit products, the interest rates that it offers are not competitive with other banks.
  • Limited geographic footprint: The bank is growing its presence through acquisition, but it does not have any branches west of Texas.

Who Is BB&T Bank Best For?

BB&T Bank should appeal to consumers living within the 17 states (and Washington, D.C.) where it has branches. It may be a good fit if you:

  • Live in one of those states
  • Want a full-service bank that offers loans, deposits, and investments
  • Are looking bbt mortgage open a checking or savings account with $100 or less
  • Want a checking account with a low monthly fee
  • Desire a savings account with no monthly fee
  • Want flexible options with your CDs

What Does BB&T Bank Offer?

As a large full-service regional bank, BB&T offers an extensive menu of accounts and services to its customers. For most deposit accounts customers can choose from several options that fit their needs and budget.

Checking Accounts

BB&T Bank customers have several options for their checking needs. These include two standard checking accounts, a student account, a senior account, and a premium account.

  • BB&T Fundamentals: This checking account is designed for people who are concerned about meeting balance or direct-deposit requirements. It requires a $50 minimum opening deposit and offers a flat monthly fee of $5.
  • Bright Banking: This checking account allows customers to waive the $12 monthly fee by keeping a $1,500 average balance or having direct deposits of $500 or more. There is a $50 minimum opening deposit.
  • Student Checking: Students can open a checking account with no minimum opening deposit and no monthly fees. Additionally, this account waives up to two non-BB&T ATM fees each statement cycle. Students can also open an eSavings account and have the monthly maintenance fee waived.
  • Senior Checking: Anyone aged 55 years and older can open this account. It includes free checks and the ability to withdraw funds from a CD early for medical emergencies without incurring a penalty fee. It requires $100 to open, and the $10 monthly fee can be waived by maintaining a $1,000 balance or having $500 in combined direct deposits.
  • Elite Gold: This premium checking account provides no-fee money orders, bonus rates on CDs, two overdraft fee waivers per month, and up to four non-BB&T ATM waivers per month. The opening deposit must be at least $100, and there are two ways to waive the $30 monthly fee: by keeping $25,000 in combined deposits and investments or having a BB&T mortgage with an original balance of $150,000 or more.
  • BB&[email protected]: Employees at participating companies have access to this account, which provides additional perks such as unlimited no-fee money orders and bonus rates on CDs. There is a $100 minimum opening deposit required. The $15 monthly fee can be waived by having $750 in direct deposits per month, keeping a $1,000 average balance, maintaining $15,000 in combined deposits and investments, or having a BB&T mortgage with an original balance of $150,000 or more.
  • Vantage Checking: BB&T Wealth clients receive additional perks with this checking account. It provides premium tiered interest rates and waives fees for overdrafts, secondary accounts, wires, and more. There is a $100 minimum opening deposit required and $50 bbt mortgage fee, which can be waived by keeping $25,000 in combined balances in the checking and Vantage Investor’s Deposit Account (a money market savings account) or having $100,000 in combined deposit, lending, and investment balances.

Customers using the bank’s ATM card can use any of its 2,400 ATMs without a fee. If you use another bank’s ATM, BB&T Bank will charge you $3 per transaction.

BB&T BANK CHECKING ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
Fundamentals Checking$50$5None
Bright Checking$50$12None
Student Checking$0$0None
Senior Checking$100$10None
BB&T@Work$100$15None
Elite Gold$100$300.01%
Vantage Checking$100$50 per year0.01% for deposits under $100,000
0.03% for deposits from $100,000 to $99,999,999,999

Money Market Accounts

There are three money market accounts available from BB&T.

  • High-Performance Money Market Account: This account can be opened with $100 and offers a tiered rate of interest to reward larger balances. It carries a $12 monthly fee, which can be avoided by maintaining a $1,000 minimum daily balance.
  • Investor’s Deposit Account: This account also provides a tiered rate of interest, but it requires a $10,000 minimum deposit to open one. There is a $15 monthly service fee that is waived when you maintain a $10,000 minimum balance.
  • Vantage Investor’s Deposit Account: BB&T Wealth clients have access to this account, which provides premium tiered interest rates. You must deposit $25,000 when opening one, and there is a $25 monthly fee if you don’t maintain a $25,000 minimum daily balance. This account can also be used as overdraft protection for the Vantage Checking account.
BB&T BANK MONEY MARKET ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
High Performance Money Market Account$100$120.01% $0 to $9,999

0.01% $10,000 to $99,999,999,999
Investor’s Deposit Account$10,000$150.01%
Vantage Investor’s Deposit Account$25,000$250.01% $0 to $49,999

0.01% $50,000 to $99,999,999,999

Savings Accounts

There are three savings accounts offered by BB&T.

  • eSavings: This is the primary savings account for BB&T. It has no monthly maintenance fees, no minimum opening deposit, and no monthly balance requirement. Its interest rate is compounded daily.
  • Health Savings Account (HSA): This account pairs with a high-deductible health insurance plan. It has no minimum balance requirement, no setup or transaction fees, and a monthly maintenance fee of $3 or less, depending on the state where you live. It offers tiered interest rates.
  • Young Savers:This account is for children under the age of 18 and has no minimum opening deposit, no monthly fees, and no inactivity fees. Its interest rate is compounded daily.
BB&T BANK SAVINGS ACCOUNTS
ACCOUNT NAMEMINIMUM OPENING DEPOSITMONTHLY FEEANNUAL PERCENTAGE YIELD (APY)
eSavings Account$0$00.01%
Health Savings Account$0$30.01%
Young Savers$0$00.01%

CDs

There are four types of CDs to choose from at BB&T.

  • Personal CDs: These offer a guaranteed rate of return for up to five years.
  • Personal CD Specials: These are available for a limited bbt mortgage and the rates and terms vary.
  • Can’t Lose CDs: These protect customers whether rates rise or fall.
  • Stepped Rate CDs: These provide interest rates that are guaranteed to rise once a year, every year.

CDs renew automatically at maturity at the current rates. For terms less than 32 days, there is a one-day grace period to withdraw or change the term without penalty. All other CDs have a 10-calendar-day grace period.

The bank charges an early withdrawal penalty if you withdraw money before the CD matures. Penalties vary depending upon the length of the CD term.

BB&T BANK CD RATES
TERMPERSONAL CD APYSPECIAL CD APYCAN’T LOSE CD APY
Seven Days0.01%N/AN/A
30 Days0.01%N/AN/A
60 Days0.01%N/AN/A
90 Days0.01%N/AN/A
120 Days0.01%N/AN/A
150 Days0.01%N/AN/A
180 Days0.01%N/AN/A
270 Days0.01%N/AN/A
360 Days0.01%N/AN/A
18 Months0.01%N/AN/A
Two Years0.01%N/AN/A
30 Months0.01%N/A0.01%
Three Years0.01%N/AN/A
42 Months0.01%N/AN/A
Four Years0.01%N/AN/A
Five Years0.01%N/AN/A
BB&T STEPPED Arbor financial credit union hours CD RATES
YEAR 1YEAR 2YEAR 3YEAR 4
Stepped Rate CD APY0.01%0.02%0.03%0.04%
BB&T BANK CD EARLY WITHDRAWAL PENALTIES
TERMPENALTIES
Under Three MonthsAll interest that would have been earned or $25, whichever is greater
Three to 12 MonthsThree months simple interest or $25, whichever is greater
13 to 23 MonthsSix months simple interest or $25, whichever is greater
Two Years and More12 months simple interest or $25, whichever is greater

Credit Cards

BB&T Bank has four credit card choices for customers. Each is designed with a specific consumer in mind and has benefits ideal for nolan real estate corporate office audience. There is a balance transfer card, one with cash back, and a travel rewards card.

Customers may check for prequalified offers without affecting their credit score. Such offers may be available in as little as 60 seconds.

Here are the credit cards offered:

  • BB&T Bright
  • BB&T Spectrum Cash Rewards
  • BB&T Spectrum Travel Rewards
  • BB&T Vantage Visa Signature Credit Card

Other Financial Products Offered by BB&T Bank

As a large regional bank, BB&T Bank offers a variety of accounts and services to meet the needs of its customers:

  • Auto loans
  • Boat and recreational vehicle loans
  • Personal loans
  • Personal Lines of Credit
  • Purchase mortgages
  • Refinance mortgages
  • Home Equity Loans and Lines of Credit (HELOCs)
  • Individual Retirement Accounts (IRAs)
  • College savings accounts
  • Self-directed trading
  • Managed investment portfolios
  • Financial advisors
  • Insurance
  • Business loans

BB&T Bank Customer Service

Customer service is available by phone at 1-800-226-5228, Monday through Friday from 8 a.m. to 8 p.m. EST. and Saturday from 8 a.m. to noon EST. It is closed on Sundays.

There are more than 2,900 branches across 17 states (and Washington, D.C.) for you to speak with a banker in person. Branches are located along the East Coast and as far west as Texas.

Your account is available 24 hours a day online and through BB&T’s mobile app, which is available for both Apple (4.8 stars, 346,400 ratings) and Android (4.7 stars, 56,699 ratings) mobile devices. The app allows you to view transaction history, personalize your accounts, pay bills, deposit checks, and more. It even has a budget feature that tracks your spending against your goals.

General questions can be answered through BB&T Bank’s Twitter account. However, for security reasons, do not include your account number, Social Security number, or any other personally identifiable information.

How to Bank With BB&T Bank

You can open an account online, over the phone, or at a branch, of which there are more than 2,900 available in Washington, D.C., and the following states:

  • Alabama
  • Arkansas
  • Florida
  • Georgia
  • Indiana
  • Kentucky
  • Maryland
  • Mississippi
  • New Jersey
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Tennessee
  • Texas
  • Virginia
  • West Virginia
Verdict

BB&T Bank is a full-service regional bank well suited for customers who live near one of its branches. It has most of the account types that a customer would want, but its interest rates are not competitive bbt mortgage other banks. That being said, the bank does offer multiple checking account options to meet your needs and budget. It would do well as a primary bank for day-to-day needs.

Customers looking for high-yield savings accounts, money market accounts, and CDs should look elsewhere. BB&T Bank does offer tiered pricing for higher deposit levels, but the interest rates are much lower than the alternatives.

Methodology

Investopedia is dedicated to providing consumers with unbiased, comprehensive reviews of banks. We collected over 20 data points across more than 80 banks—including products available, interest rates, fees, and accessibility—to ensure that our content helps users make the right decision for their savings and banking needs.

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our gpa requirements for south carolina state university policy .

  1. Apple.com. "U by BB&T." Accessed July 20, 2020.

  2. Google.com. "U by BB&T." Accessed July 20, 2020.

  3. Twitter.com. "@BBT." Accessed July 20, 2020.

Источник: https://www.investopedia.com/bb-t-bank-review-5070334

BB&T, Now Truist, Review

BB&T (Branch Banking and Trust Company) merged with SunTrust Bank to become Truist Bank in December 2019. While the two banks still operate as separate financial institutions, they’ll soon have a unified presence under the Truist brand, reportedly sometime in 2022.

BB&T offers a wide range of financial services and products for individuals and businesses, including a suite of personal banking products. The Charlotte, North Carolina-based bank operates over 1,700 financial centers across 15 states and Washington D.C. BB&T has been headquartered in Winston-Salem, North Carolina, but is moving to Charlotte under the merger.

BB&T product details, rate and fee information may vary by location. We used North Carolina for the purposes of this review, since that’s where the bank is headquartered.

This review focuses on BB&T’s personal banking services. Account details and annual percentage yields (APYs) are accurate as of Sept. 21, 2021.

Account Basics

Checking

The primary bank account for transactions is your checking account. BB&T offers five checking accounts to meet varying customer needs: BB&T Fundamentals, Bright Banking, Student Checking, Senior Checking and Elite Gold.

BB&T Fundamentals. This basic checking account requires a $50 minimum opening deposit and has no ongoing balance requirement. It does, however, come with a $5 monthly maintenance fee that can’t be waived. Bangor savings bank old town hours Fundamentals account comes with a debit card and fee-free ATM use at BB&T ATMs. BB&T charges a $3 fee for out-of-network ATM use (plus any fees charged by the ATM owner).

Bright Banking. Bright Banking is another basic checking account, but this one offers two ways for customers to avoid its $12 monthly fee. You can avoid the fee by keeping an average balance of $1,500 or by receiving direct deposits of $500 or more each statement period. A $50 minimum opening deposit is required to open an account.

Student Checking. Student Checking accounts are for students ages 23 and under. The credit vs debit card difference features no minimum opening deposit and no monthly fees. Student Checking also waives fees on the first two out-of-network ATM transactions per statement cycle.

Senior Checking. Senior Checking is for individuals at least 55 years of age. There is a $100 minimum deposit requirement to open an account, but it comes with perks. You have the option to personalize your debit card. Also, the account comes with free wallet-style checks with a BB&T design—there’s a $6 discount on other designs. The account charges a $10 monthly maintenance fee, but it’s waived if you keep a $1,000 average balance or have $500 in combined direct deposits each statement period.

Elite Gold. Elite Gold is an interest-bearing checking account with plenty of extra benefits. The account currently earns just 0.01% APY on all balances, but it comes with other perks like:

  • Official checks
  • Bonus rates on CDs and IRAs
  • Two overdraft protection transfer fees waived per statement period
  • Waived fees on the first four out-of-network ATM transactions per statement period

Elite Gold has a $30 monthly fee, waived with a $25,000 combined personal deposit or investment balance or a BB&T mortgage loan of at least $150,000.

Savings

BB&T offers three primary savings accounts for its customers: eSavings, Investor’s Deposit Account and Young Savers.

eSavings. This online-only savings account is no-frills. It features no monthly fee, no minimum balance requirements and no minimum opening deposit requirement. Unfortunately, the account only earns 0.01% APY on all balances, much lower than you can earn with a high-yield savings account at many online banks.

Investor’s Deposit Account. BB&T’s Investor’s Deposit Account is a premium savings account that requires a $10,000 minimum opening deposit. Like most BB&T accounts, it earns a low interest rate, currently at 0.01% APY on all balances. You must keep a $10,000 minimum balance to avoid the account’s $15 monthly fee.

Young Savers. Young Savers is an account bbt mortgage kids under 18 years old. It allows for unlimited deposits, withdrawals and transfers at BB&T ATMs and branches. There’s no minimum deposit requirement to open an account. It also comes with no monthly fee or inactivity fee.

Money Market

BB&T is also home to the High Performance Money Market Account. A money market account (MMA) is a type of bank account that typically offers competitive rates, like a high-yield savings account, plus popular features of a checking account, like a debit card and check-writing privileges.

The High Performance Money Market Account currently earns 0.01% APY on all account balances, well below what you can find with the best money market accounts. Opening a money market account requires a $100 minimum deposit. There’s also a $12 monthly maintenance fee attached to the account, although you can get it waived by keeping a $1,000 minimum balance. Money market accounts come with unlimited deposits, transfers and withdrawals at BB&T branches and ATMs but are subject to other transaction limits for online, telephone and automatic transfers and withdrawals.

CDs

There are several available BB&T certificates of deposit (CDs), depending on your needs. Unfortunately, most of its CDs rates aren’t competitive with the best CD rates on the market.

Personal CDs. BB&T Personal CDs come in 16 term lengths, ranging from seven days to five years. Between seven and 31 days, CD terms require a $2,500 minimum deposit, but longer terms only require $1,000 to open. Currently, all Personal CDs earn 0.01% APY, regardless of term length and account balance.

Can’t Lose CDs. Can’t Lose CDs allow you to either add funds to your CD at your current rate or lock in a higher rate with a new CD. This CD is only available in a 30-month term and requires a $1,000 minimum deposit. You can deposit an additional $10,000 after the first 12 months of your term have passed. A Can’t Lose CD allows for one penalty-free withdrawal after the first 12 months of the term. Currently, it pays 0.01% APY on all balances.

Stepped Rate CDs. This CD option comes with a guaranteed interest rate increase once a year, every year during your term. Stepped Rate CDs are only available in a 48-month term and require a $1,000 minimum deposit. You can also add one additional deposit, up to $10,000, per year. Another perk included with Stepped Rate CDs is one penalty-free withdrawal 24 months after the initial deposit.

Here’s an overview of BB&T’s Personal CD Rates:

Other Accounts and Services

Besides its personal deposit accounts, BB&T also offers the following financial products and services:

  • Health Savings Account (HSA)
  • Prepaid cards
  • Credit cards
  • Mortgage loans
  • Home equity loans
  • Home Equity Lines of Credit (HELOCs)
  • Auto loans
  • Personal loans
  • Investment products and services
  • Retirement accounts
  • Coverdell Education Savings
  • Personal insurance
  • Small business banking and lending
  • Commercial banking and lending
  • Wealth management services

Access on the Go

BB&T accounts are accessible online or through its mobile app, U by BB&T. The highly rated app is available on the App Store (4.8 stars out of 5) and Google Play (4.6 stars out of 5). The app offers many of the banking app features you would expect, like:

  • Account management
  • Mobile check deposit
  • Bank transfers
  • Bill pay
  • Email and text payments
  • Card lock
  • Budgeting
  • Branch and ATM locator

Online account management includes helpful tools like free credit score monitoring, transaction categorization, budgeting tools and goal setting and tracking.

General phone support is available for BB&T customer service by calling 800-226-5228 during business hours. Customers can also log in to their account online and send a secure message.

Pros

  • Relatively low minimum open deposit requirements
  • No monthly fee with the online savings account
  • Highly rated mobile app

Cons

  • Interest rates on most deposit accounts aren’t competitive
  • Physical branches only in 15 states and Washington Bbt mortgage overdraft fees—$36 per overdraft

How BB&T Stacks Up

BB&T is a good choice for individuals looking for a bank that offers in-person and online banking in areas where BB&T does business. None of its deposit accounts offer competitive interest rates, but the bank provides a full assortment of accounts that serve a wide range of customer needs. Many of BB&T’s accounts feature low monthly fees and ways to waive fees easily. But those looking to build savings through higher interest rates may want to look elsewhere.

Frequently Asked Questions (FAQs)

Yes, BB&T is FDIC insured as Truist Bank (FDIC# 9846). All BB&T accounts are FDIC insured up to $250,000 per depositor, for each account ownership category, in the event of a bank failure.

Yes, BB&T employs the latest encryption technology and other security measures to protect customers’ personal and financial information.

What is required to open a BB&T account?

You can open an account online through BB&T’s website, by branch or by phone. You’ll need to provide personal information to confirm your identity, like your social security number, date of birth, physical address and a government-issued photo ID. You’ll also need a way to fund your account at the time of opening.

How do I reach a live person at BB&T?

You can reach BB&T customer support by calling 800-226-5228 during business hours. You can also visit a branch, send a secure message via the bank’s online portal or tweet the bank at @BBT.

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Источник: https://www.forbes.com/advisor/banking/bbt-now-truist-review/

Reviews: BB&T Auto Loans

Overall lender rating

from Credit Karma members
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See offers from 20+ lender partners to find one that matches your goals.

Member ratings

All member reviews (6)

Great experience

Credit Karma member

My husband and I recently refinanced one of our vehicles and recieved a lower interest rate and payment at the same term. They have communicated with us several times to let us know about their company and procedures. First bill is paid, and we couldn't be happier with them so far. We're looking into refinancing our other vehicle to them as well.

Good for no Credit but high rates

Credit Karma member

I was new to this country when I first applied for Autoloan from these guys. Purchased a 2008 Hyundai Sonata for 11k in 2010 Feb. No one was giving me credit and I got 8.5% APR. A year and half later when I went back to them for my Infinity G35x they did not reduce my rates, even after I paid my prior loan, on time every time. I had again went with them as no one else was giving me credit. By a year later, I got down 1.99% from DCU with 687 score. My Score was low because of multiple enquiries and no history, though there were no missed payments. So I would recommend this product if you have no credit and building one.

Okay to work with

Credit Karma member

Definitely not the best bank I have worked with but not the worst either. I have not bbt mortgage had any issues to deal with loan. The few times I have called about things the customer service is mediocre at best. If their rate is the best you can get go with them if not go elsewhere.

Credit Karma member

bb&t are not good .because of health issued i had to let my car go back and they got a judgement on me .i hope they rott .

Credit Karma member

Friendly and willing to work with you! Im 22 and I have a car in my name with no co-signer and its my first car! Also low intrest rates!

Credit Karma member

We have had two auto loans through BB&T. They have been excellent--easy to work with and reasonable. Both times, we were referred through the car dealers where we bought cars.

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See offers from 20+ lender partners to find one that matches your goals.

Источник: https://www.creditkarma.com/reviews/auto-loan/single/id/branch-banking-and-trust-auto-loans

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