SunTrust Joins NACHA

Herndon, Virginia, April 11, 2007 - SunTrust Banks, Inc. has joined NACHA - The Electronic Payments Association as a direct financial institution member. According to the NACHA Top 50 list, SunTrust is the nation’s sixth largest originating depository financial institution (ODFI), and the eighth largest receiving financial institution (RDFI), of ACH payments.

"SunTrust has long been an active participant in NACHA, and we’re pleased to become a direct member," said David Fuller, Senior Vice President, Treasury & Payment Solutions for SunTrust. "As electronic payments and their efficiencies become more important to our clients, SunTrust looks forward to engaging the NACHA membership to help chart the course for – and navigate clients through – the future of the payments system. We are committed to bringing clients best-in-class payment solutions that help them address the challenges they are facing and ultimately contribute to the success of their organization."

SunTrust involvement with NACHA has included participation on the NACHAb board as well as the Payments Institution Board of Regents. Currently, SunTrust is also represented on the NACHA Risk Management Advisory Group.

"As the ACH Network continues to grow in importance to financial institutions and their customers, membership in NACHA gives financial institutions the information and tools they need to succeed in today’s highly competitive environment," said Elliott C. McEntee, President and Chief Executive Officer of NACHA. “On behalf of all the members, we welcome SunTrust to NACHA.”

NACHA now has 44 direct members, consisting of 25 financial institutions, and 19 regional payment associations representing more than 11,000 depository financial institutions across the U.S. The other financial institution members are ABN AMRO, American Express Centurion Bank, Bank of America, BB&T, Capital One, Citigroup, Citizens Financial Group, Commerce Bank, Discover Bank, Fifth Third Bank, Fort Knox National Bank, Harris, N.A. (BMO Capital Markets), JPMorgan Chase, KeyBank, Mellon, National City, PNC Bank, Synovus Financial Corp., TCF National Bank, US Bank, Wachovia, Washington Mutual Bank, Wells Fargo, and Zions Bancorporation.

About the ACH Network and NACHA - The Electronic Payments Association
The Automated Clearing House (ACH) Network facilitates commerce, electronically, by serving as an efficient, reliable and secure payments system. NACHA, led by member depository financial institutions and payments associations, fulfills this purpose by managing the development, administration, and governance of the ACH Network, and by providing superior services and value to its members as the industry association responsible for ACH payments. NACHA represents more than 11,000 financial institutions through direct memberships and a network of regional payments associations, and 650 organizations through its industry councils. Visit NACHA on the Internet at www.nacha.org.

About SunTrust Banks
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation’s largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of December 31, 2006 SunTrust had total assets of $182.2 billion and total deposits of $124.0 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company 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, equipment leasing and capital markets services. SunTrust’s Internet address is suntrust.com.

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