BB&T 2010 Annual Report Download - page 14

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Please find page 14 of the 2010 BB&T annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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ŠClearview Correspondent Services, LLC, Richmond, Virginia
ŠRegional Acceptance Corporation, Greenville, North Carolina
ŠAmerican Coastal Insurance Company, Davie, Florida
ŠSterling Capital Management, LLC, Charlotte, North Carolina
Branch Bank, BB&T’s largest subsidiary, was chartered in 1872 and is the oldest bank headquartered in
North Carolina. Branch Bank provides a wide range of banking and trust services for retail and commercial
clients in its geographic markets, including small and mid-size businesses, public agencies, local governments and
individuals, through 1,782 offices (as of December 31, 2010) located in North Carolina, Virginia, Florida, Georgia,
Maryland, South Carolina, Alabama, Kentucky, West Virginia, Tennessee, Texas, Washington D.C and Indiana.
Branch Bank’s principal operating subsidiaries include:
ŠBB&T Equipment Finance Corporation, based in Charlotte, North Carolina, which provides loan and
lease financing to commercial and small businesses;
ŠBB&T Investment Services, Inc., a registered broker-dealer located in Charlotte, North Carolina, which
offers clients non-deposit investment alternatives, including discount brokerage services, equities, fixed-
rate, variable-rate and index annuities, mutual funds, government and municipal bonds, and money
market funds;
ŠBB&T Insurance Services, Inc., headquartered in Raleigh, North Carolina, which offers property and
casualty, life, health, employee benefits, commercial general liability, surety, title and other insurance
products through its agency network;
ŠStanley, Hunt, DuPree & Rhine, Inc., (a division of Branch Bank) with dual headquarters in Greensboro,
North Carolina, and Greenville, South Carolina, which offers flexible benefit plans, and investment
advisory, actuarial and benefit consulting services;
ŠPrime Rate Premium Finance Corporation, Inc., located in Florence, South Carolina, and its subsidiary
AFCO Credit Corporation, headquartered in Pittsburgh, Pennsylvania, which provide insurance
premium financing to clients in the United States and Canada;
ŠGrandbridge Real Estate Capital, LLC, based in Charlotte, North Carolina, which specializes in
arranging and servicing commercial mortgage loans;
ŠLendmark Financial Services, Inc., located in Covington, Georgia, which offers alternative consumer
loans to clients unable to meet Branch Bank’s normal credit underwriting guidelines;
ŠCRC Insurance Services, Inc., based in Birmingham, Alabama, which is a wholesale insurance broker
authorized to do business nationwide; and
ŠMcGriff, Seibels & Williams, Inc., based in Birmingham, Alabama, which is authorized to do business
nationwide and specializes in providing insurance products on an agency basis to large commercial and
energy clients, including many Fortune 500 companies.
BB&T FSB is a federal savings bank. BB&T FSB provides services to clients throughout the United States
and was formed to help improve the operating efficiency of certain business activities for subsidiaries which are
national in scope. In addition to credit card lending, the following businesses operate as either subsidiaries or
divisions of BB&T FSB:
ŠSheffield Financial (a division of BB&T FSB), based in Clemmons, North Carolina, which specializes in
loans to small commercial lawn care businesses across the country for the purchase of outdoor power
equipment and loans to individuals for power sport and leisure equipment; and
ŠMidAmerica Gift Certificate Company, which specializes in the issuance and sale of retail giftcards
through a nationwide network of authorized agents.
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