STI - Fed FDIC approve BB&T SunTrust merger November, 19 2019 04:12 PM SunTrust Banks Inc. The Federal Reserve Board and the Federal Deposit Insurance Corp. both approved the application by BB&T (NYSE:BBT) to merge with SunTrust Banks (NYSE:STI).More news on: BB&T Corporation, SunTrust Banks, Inc., Financial stocks news, Merger & acquisition news, Read more ...