My Cause: SunTrust Promotion Offers Clients Unique Choice for Cash Incentives

ATLANTA, Aug. 1 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. (NYSE:STI) today announced the launch of My Cause, a deposit-generation incentiveprogram that offers clients a unique choice. When they open a new SunTrustpersonal or business checking account from August 6 through October 12,accept a new SunTrust Visa Check Card, and make any purchase with it byNovember 15, 2007, SunTrust will either donate funds to the client'sfavorite IRS-recognized 501(c)(3) charity, or the client can choose toreceive a cash incentive for their own cause. SunTrust's My Cause promotion offers clients the choice to haveSunTrust make a $100 donation in their name to any of more than one millionIRS- recognized charitable causes in the U.S. or to receive a $50 gift cardfor their own personal use. The promotion applies to eligible new accountsopened in SunTrust branches throughout the Southeast and Mid-Atlantic, fromBaltimore, Md. to Miami, Fla. or by phone at 1-800-SUNTRUST from August 6through October 12, 2007. "The My Cause promotion is consistent with SunTrust's strategic focuson expanding our client base within our high-growth geographic footprint.It also builds on our tradition of community commitment by providingclients a way to contribute financially to their own communities orcauses," said SunTrust Corporate Executive Vice President Gene Kirby, headof the Company's Retail and Commercial Banking lines of business. Mr. Kirby noted that the My Cause promotion also represents anopportunity for charitable causes to rally their constituents to help themraise funds. For SunTrust clients wishing to participate in the My Cause promotion,having SunTrust direct $100 to their charity of choice is easy: Open anynew SunTrust personal or business checking account from August 6 throughOctober 12, accept a new SunTrust Visa Check Card, and make any purchasewith it by November 15, 2007. Then visit the My Cause Web site,suntrust.com/mycause, and complete a redemption form to designate acharitable organization. SunTrust will donate $100 in the client's name totheir cause -- any certified 501(c)(3) charity. A household may have amaximum of two donations or gift cards (one personal account and onebusiness account). A list of qualifying charitable organizations can be found atsuntrust.com/mycause, linking users to nonprofit aggregator GuideStar,which offers a searchable database of more than one million IRS-recognized501(c)(3) nonprofit organizations. Eligible organizations not currentlylisted can find easy-to-follow instructions on how to be added to thedatabase on the My Cause Web site. For more details about the program, visit suntrust.com/mycause. SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation'slargest banking organizations, serving a broad range of consumer,commercial, corporate and institutional clients. As of June 30, 2007,SunTrust had total assets of $180.3 billion and total deposits of $122.9billion. The Company operates an extensive branch and ATM networkthroughout the high-growth Southeast and Mid-Atlantic states and a fullarray of technology-based, 24-hour delivery channels. The Company alsoserves customers in selected markets nationally. Its primary businessesinclude deposit, credit, trust and investment services. Through varioussubsidiaries the Company provides credit cards, mortgage banking,insurance, brokerage, equipment leasing and capital markets services.SunTrust's Internet address is suntrust.com