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Crestar Bank information


Crestar Financial Corporation
IndustryBanking
FoundedDecember 8, 1865; 158 years ago (1865-12-08)
DefunctDecember 31, 1998; 25 years ago (1998-12-31)
FateAcquired by SunTrust Banks
HeadquartersRichmond, Virginia
Key people
Richard G. Tilghman, Chairman & CEO
James M. Wells III, President
James D. Barr, CFO
Total assetsIncrease $24.928 billion (1997)
Total equityIncrease $2.059 billion (1997)
Number of employees
8,215 (1997)
Footnotes / references
[1]

Crestar Bank was a bank headquartered in Richmond, Virginia with branches in Virginia and Maryland. It was the leading subsidiary of Crestar Financial Corporation. In 1998, it was acquired by SunTrust Banks. At that time, it was the largest independent bank in Virginia.

  1. ^ "Crestar Financial Corp. 1997 Form 10-K Annual Report". U.S. Securities and Exchange Commission.

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