|
BB&T Corporation ("BB&T" or "the Corporation") is a multi-bank holding
company headquartered in Winston-Salem, North Carolina. BB&T conducts its
operations in North Carolina, South Carolina and Virginia primarily through
its commercial banking subsidiaries and, to a lesser extent, through its other
subsidiaries. At December 31, 1997, the principal assets of BB&T included all
of the outstanding shares of common stock of Branch Banking and Trust Company,
of Winston-Salem, North Carolina; BB&T Financial Corporation of South
Carolina, located in Greenville, South Carolina, which in turn owns all the
outstanding shares of Branch Banking and Trust Company of South Carolina; BB&T
Financial Corporation of Virginia, which in turn owns all the outstanding
shares of Branch Banking and Trust Company of Virginia, Fidelity Federal
Savings Bank and Virginia First Savings Bank.
|
|