SunTrust Bank Review 2021
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SunTrust is a great option for people who live in the Southeast and prefer in-person banking with a full-service financial institution.
- Low Min Deposit
SunTrust is a bank that focuses on individuals who live in the southeastern United States. The bank merged with BB&T to become Truist; however, the brands offer separate products for now.
Minimum deposit requirements are relatively low or nonexistent.
SunTrust offers two checking accounts with different features.
Customers can make free peer-to-peer payments through Zelle.
You can find much higher APYs elsewhere.
Some requirements to waive monthly fees are steep.
SunTrust Bank bank products
SunTrust Bank savings overview
Additionally, the account doesn’t charge a monthly maintenance fee. There is a $3 charge for paper statements, but that can be avoided if you enroll in e-statements. The account pays very little interest.
The account doesn’t have a minimum deposit requirement to open.
There’s no monthly maintenance fee.
You can find much higher yields if you shop around.
For people who live in the Southeast, you will have little trouble finding a branch to visit or an ATM. Plus, SunTrust supports relatively well-rated mobile apps that you can use to manage your account from anywhere.
About SunTrust Bank
SunTrust is an institution that focuses on consumers who live in the Southeast. It operates more than a thousand branches.
While SunTrust has merged with BB&T to become Truist, the two banks continue to offer their own products for now. Under the SunTrust brand, customers can open money market accounts, CDs, savings accounts and checking accounts. SunTrust also offers loans, credit cards, mortgages, investment services and more.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.