ATLANTA - SunTrust Banks Inc. said Monday it has completed its charter consolidation and now operates a single, Georgia-chartered institution.The $93 billion-asset company announced in September that it planned to combine its 27 charters in six states and the District of Columbia in order to gain operating efficiencies. With one charter, the company said, it will save on regulatory fees and will be better able to manage assets and capital.

Despite the charter change, SunTrust will continue to operate as Crestar Bank in Virginia, Maryland, and the District of Columbia until midyear. The Georgia company bought Crestar Financial Corp. of Richmond in December 1998.

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