What is BB&T?
BB&T is a financial institution that was founded in 1872. The company provides banking, insurance, and investment services to individuals and businesses. BB&T is headquartered in Winston-Salem, North Carolina.
BB&T offers a variety of products and services, including checking and savings accounts, mortgages, home equity loans, car loans, and credit cards. The company also offers a variety of insurance products, including auto, homeowners’, life, and health insurance. BB&T also provides investment services, including mutual funds, annuities, and retirement planning.
This financial institution became popular after the financial crisis of 2008. Many people turned to BB&T for their banking and investment needs because the company was considered to be a safe and reliable option.
What did BB&T stand for? The name BB&T comes from the words Branch Banking and Trust Company. The company was originally known as the Branch Banking Company when it was founded in 1872. So, this name is a shortened version of the original name.
The company has been through many changes over the years. It was first founded as a small bank in North Carolina. However, it has since expanded to become a nationwide financial institution. BB&T now has more than 2,000 branches and nearly 54,000 employees.
Important Update on COVID-19
In response to COVID-19, BB&T working hours can vary, or maybe the spot can be currently closed as a consequence of quarantine limits. Check out the specifics of delivery choices on the local website of BB&T.
BB&T tweaked their operating hours to permit employees a little extra time to clean as well as resupply goods on racks. Added to that, numerous BB&T locations have recently set up distinct shopping hours for members of the at-chance class.
What time does BB&T open?
| Monday | 09:00 AM – 05:00 PM |
| Tuesday | 09:00 AM – 05:00 PM |
| Wednesday | 09:00 AM – 05:00 PM |
| Thursday | 09:00 AM – 05:00 PM |
| Friday | 09:00 AM – 06:00 PM |
| Saturday | 09:00 AM – noon |
| Sunday | closed |
Other questions concerning their working hours
Is BB&T open on weekends? – No, they are open on Saturdays and closed on Sundays.
What are BB&T hours for today? – This information you can find in our tables with working hours and in case you need a certain store – examine the official webpage.
What time does BB&T close? – From Mon to Thu they close at 5 pm, on Fridays they close at 6 pm and on Saturdays they close at noon.
Are they open right now? – You need to look at the table above.
The history of the BB&T company
In 1872, a group of farmers in Madison, Virginia founded the Bank of Madison. After merging with several other banks, it eventually became BB&T – the initials of the three co-founders: Ben Branch, Thomas Blount, and James Taylor.
1893 was the year when the company opened its first branch office, and it wasn’t long until BB&T began expanding rapidly. Even during the Great Depression, the bank managed to stay afloat by increasing its lending and deposit rates. In 1903, BB&T became the first southern bank to offer nationwide banking services.
During the 20th century, BB&T kept growing and expanding. It acquired other banks, formed new partnerships, and even entered the insurance business. At the same time the Southern National Bank, based in Winston-Salem, North Carolina, was also growing. In 1960, the two banks merged to form Branch Banking and Trust Company – better known as BB&T.
The new company continued to expand rapidly. It completed several more acquisitions and opened new branches throughout the southeastern United States. In the early 21st century, BB&T faced some challenges. The recession of 2008 hit the banking industry hard, and BB&T was no exception. However, the company quickly regained its footing and returned to profitability.
In the same 2008, BB&T made a bold move and purchased the naming rights to the new stadium in Winston-Salem – now known as BB&T Field. After 5 years of renovations, the stadium reopened in 2013 and has since become a key part of the Winston-Salem community.
In 2017, BB&T announced its plans to merge with SunTrust Banks, Inc. The merger is expected to be completed in late 2019, and the new company will be called Truist Financial Corporation.
BB&T is one of the largest financial institutions in the United States with over $220 billion in assets. It has branches in 15 states and Washington D.C., and it employs more than 54,000 people.
BB&T Holiday Hours – Close
| DATE | HOLIDAY |
|---|---|
| January 1 | New Year’s Day |
| November 28 | Thanksgiving Day |
| December 25 | Christmas Day |
| February 18 | President`s Day |
| May 27 | Memorial Day |
| July 4 | Independence Day |
| September 2 | Labor Day |
| October 14 | Columbus Day |
| November 11 | Veteran`s Day |
BB&T Holiday Hours – Open
| DATE | HOLIDAY |
|---|---|
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| October 31 | Halloween |
| November 29 | Black Friday |
Where can I find BB&T locations?
There are 2,781 locations in 11 states. To find the nearest one, use the BB&T branch locator on bbt.com. They operate in such states as Florida, North Carolina, South Carolina, Virginia, Georgia, Maryland, District of Columbia, West Virginia, Kentucky and Indiana. The headquarters of the company are located in Winston-Salem, North Carolina.
What services does BB&T offer?
Checking and savings
This is the bread and butter of a bank. BB&T offers both checking and savings accounts, which you can use to store your money and access it when you need it. You can also use these accounts to set up direct deposit or to pay bills online.
You can save with BB&T easily. All you need is to deposit your money into an account and let it grow. BB&T offers many different types of savings accounts, including:
- Traditional savings accounts
- Money market accounts
- Certificates of deposit (CDs)
Another opportunity of checking and saving is BB&T’s promotional rates. For a limited time, BB&T offers promotional rates on its checking and savings accounts. This means you can get a higher interest rate on your deposited money. Just be sure to read the terms and conditions so you know how long the promotional rate lasts and if there are any associated fees.
Credit cards
For all clients , BB&T offers Visa credit cards. A credit card lets you borrow money from the bank to purchase items or withdraw cash. This can be a helpful tool if you need to make a large purchase or if you don’t have enough cash on hand. However, it’s important to remember that you’ll need to pay back the money you borrow plus interest and fees.
Your choice of credit card will depend on your spending habits and how you plan to use the card. BB&T offers several different types of Visa credit cards, including:
- Cashback rewards cards
- Travel rewards cards
- Low-interest rate cards
- Balance transfer cards
Loans
Another service available at BB&T is the ability to apply for loans. This can be done through their website and there is a variety of loan options available, including auto loans, home equity loans, and personal loans.
The conditions of getting the loan and the interest rate will differ depending on what type of loan is applied for, but in general, BB&T offers competitive rates and terms. All you need to do to get started is visit their website and fill out the online form. You can also apply for a loan over the phone by calling their customer service line.
One thing to keep in mind when applying for a loan through BB&T is that they will likely perform a credit check. This is to ensure that you are a good candidate for the loan and that you will be able to repay it on time. If your credit score is not as high as you would like, don’t worry – BB&T may still be able to help you get the loan you need.
Mortgages
This service is for those who are looking to buy a house or refinance their current home. Applying for a mortgage can be done through BB&T’s website or by calling their customer service line.
The process of getting a mortgage through BB&T is similar to other banks. You’ll need to fill out an online application and provide information about your income, employment, and debts. BB&T will then use this information to determine if you qualify for a loan and what interest rate you will pay.
Once you have been approved for a loan, you’ll need to sign some paperwork and provide documentation of your income and assets. Once this is done, the loan will be funded and you’ll be on your way to owning your dream home.
Insurance
Another service that BB&T offers is insurance. This can include auto, home, and life insurance. The best way to find out if BB&T offers the insurance you need is to visit their website or call their customer service line. There, you can get a quote for the insurance policy you’re interested in and see what rates are available.
BB&T also offers a variety of discounts on their insurance policies, so be sure to ask about them when you get a quote. This could help you save money on your premiums.
They have different insurance plans that meet your needs and budget. For example, they have auto insurance for those who drive frequently and life insurance for those who want to protect their loved ones financially.
Investing and retirement
BB&T also offers services for those who want to invest or save for retirement. This includes things like stocks, bonds, and mutual funds. You can buy these investments through BB&T’s website or by calling their customer service line.
In addition, BB&T offers retirement accounts like 401(k) plans and IRAs. You can open a retirement account with BB&T by visiting their website or by calling their customer service line.
BB&T is a full-service financial institution that offers a variety of products and services to meet your needs. be sure to check out their website or call their customer service line to learn more about what they have to offer.
Money and mindset
For all who want to manage their money better or change their mindset around money, there are a few blog posts on the BB&T website that may be helpful.
The first is called “5 Tips to Help You Save Money” and it offers some practical advice on how to save money each month. The second is called “3 Steps to Changing Your Mindset About Money” and it provides some tips on how to change your thinking about money so that you can make better financial decisions.
Both of these blog posts can be found on the BB&T website under the “Money & Mindset” section. BB&T is a full-service financial institution that offers a variety of products and services to meet your needs.
Is BB&T a good bank?
That’s a tough question to answer because it depends on your individual needs. BB&T offers a variety of products and services, so they may be a good bank for you depending on what you’re looking for.
If you’re looking for a bank that offers mortgages, insurance, investing, and retirement options, then BB&T may be a good choice. They also have a blog section on their website that provides helpful money tips.
However, if you’re looking for a bank with low fees or one that has branches in your area, then BB&T may not be the best option for you. be sure to check out their website or call their customer service line to learn more about what they have to offer.
How much money do you need to open a BB&T bank account?
The minimum amount of money needed to open a BB&T bank account is $25. This account is called the BB&T Basic Banking Account and it has no monthly maintenance fees. However, there are some fees associated with this account, so be sure to check out their website or call their customer service line to learn more about them.
This account will allow you to do things like write checks, use ATMs, and make online bill payments. If you need more features than what this account offers, then you can upgrade to a different account type. To learn more about the different types of accounts offered by BB&T, be sure to check out their website or call their customer service line.
