BB&T 2012 Annual Report Download - page 29

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 Prime 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;
 Grandbridge, based in Charlotte, North Carolina, which specializes in arranging and servicing commercial mortgage
loans;
 Lendmark Financial Services, Inc., located in Covington, Georgia, which offers consumer loans to clients unable to
meet Branch Bank’ s normal credit underwriting guidelines;
 CRC Insurance Services, Inc., based in Birmingham, Alabama, which is a wholesale insurance broker authorized to do
business nationwide;
 McGriff, 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; and
 Crump Group, Inc., based in New Jersey, which is a wholesale insurance broker authorized to do business nationwide.
BB&T FSB, based in Columbus, Georgia, was merged into Branch Bank effective January 1, 2013. Sheffield Financial,
based in Clemmons, North Carolina, 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. Sheffield was a
subsidiary of BB&T FSB and was also merged into Branch Bank effective January 1, 2013.
Major Nonbank Subsidiaries
BB&T also has a number of nonbank subsidiaries, including:
 BB&T Securities, LLC was formed by the merger of Scott & Stringfellow, LLC and Clearview Correspondent
Services, LLC on January 1, 2013. BB&T Securities is a registered investment banking and full-service brokerage
firm that provides services in retail brokerage, equity and debt underwriting, investment advice, corporate finance and
equity research; and facilitates the origination, trading and distribution of fixed-income securities and equity products
in both the public and private capital markets. It also has a public finance department that provides investment
banking, financial advisory services and debt underwriting services to a variety of regional taxable and tax-exempt
issuers. BB&T Securities also provides correspondent clearing services to other broker-dealers and entities involved
in the securities industry. As a correspondent clearing firm, it provides clearing services to affiliated and unaffiliated
broker-dealers;
 Regional Acceptance Corporation, which specializes in indirect financing for consumer purchases of primarily mid-
model and late-model used automobiles;
 American Coastal Insurance Company, an admitted Florida specialty insurance company that underwrites property
insurance risks for commercial condominium or cooperative associations; and
 Sterling Capital Management, LLC, a registered investment advisor and the advisor to the Sterling Capital
Management Funds and Sterling Capital Variable Insurance Funds, provides tailored investment management
solutions to meet the specific needs and objectives of individual and institutional clients through a full range of
investment strategies, including domestic and international equity, alternative investment products and strategies, and
fixed income investing.
Services
BB&T’ s subsidiaries offer a variety of services targeted to retail and commercial clients. BB&T’ s objective is to offer clients
a full array of products to meet all their financial needs.