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SunTrust Bank Increases Prime Rate

12/14/2004

ATLANTA, Dec. 14 /PRNewswire-FirstCall/ -- SunTrust Bank announced today it has increased its prime lending rate to 5.25% from 5.00%, effective December 14, 2004. The prime rate is a benchmark used to set interest rates on various forms of corporate and consumer credit. The prime rate last changed on November 10, 2004.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest commercial banking organizations. The company operates an extensive distribution network primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and the District of Columbia and also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the company provides credit cards, mortgage banking, insurance, brokerage and capital markets services. SunTrust's Internet address is http://www.suntrust.com .

SOURCE SunTrust Banks, Inc.
CONTACT: Mike McCoy of SunTrust Banks, Inc., +1-404-588-7230/
Web site: http://www.suntrust.com /
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