MAULDIN, S.C., Feb. 16, 2017 /PRNewswire/ -- BB&T
Corporation (NYSE: BBT) today held groundbreaking ceremonies for a
140,000-square-foot mortgage servicing center at 825 E. Butler Road
in Mauldin, S.C. The new
$30 million building will accommodate
more than 600 BB&T associates who work primarily in
administrative, back office and support functions. BB&T expects
to complete construction and move into the facility by the end of
the fourth quarter. The mortgage servicing and other operations are
currently located at 301 College St. in Greenville.
"The construction of this new mortgage servicing center is
indicative of BB&T's commitment to South Carolina, Mauldin and the greater Greenville area," said Tol Broome, BB&T
Mortgage Lending president. "With this state-of- the-art facility
we will be better equipped to provide our clients with superior
service as we help them fulfill the dream of homeownership."
"The city of Mauldin is proud
to welcome BB&T's Mortgage Division to our city," said Mayor
Dennis Raines, city of Mauldin. "The addition of BB&T will
positively impact our community and generate more opportunities for
the entire upstate, and we are committed to working with them to
make this endeavor a huge success. Mauldin has worked diligently to enhance
opportunities for growth and development. Our geographic location,
outstanding infrastructure, and exceptional quality of life make
Mauldin an excellent choice for
business. Congratulations BB&T and welcome to Mauldin."
"Being able to welcome BB&T's Mortgage Division is an
enormous opportunity for the city of Mauldin," said Taft Matney, city council
member and chairman of the Economic Planning and Development
Committee. "BB&T's decision to locate in Millport at East
Butler and I-385 showcases more advantages for business in
Mauldin. This project will attract
more businesses, hotels, and restaurants to the area and highlight
the city as a prime location for corporate investment. The
collaboration among Jack Shaw and
Sons, Mauldin's city staff,
Greenville County, and the state
Department of Commerce to attract another great project to the
City of Mauldin highlights
Commerce Secretary Bobby Hitt's
philosophy that economic development is a team sport."
BB&T Home Mortgage offers homebuyers a variety of financing
options including fixed-rate and adjustable mortgages,
construction-to-permit loans, Veterans Administration loans, home
equity loans and low-down-payment mortgages for affordable housing
and first-time homebuyers.
About BB&T
BB&T is one of the largest
financial services holding companies in the U.S. with $219.3 billion in assets and market
capitalization of $38.1 billion as of
Dec. 31, 2016. Based in Winston-Salem, N.C., the company operates
2,196 financial centers in 15 states and Washington, D.C., and offers a full range of
consumer and commercial banking, securities brokerage, asset
management, mortgage and insurance products and services. A Fortune
500 company, BB&T is consistently recognized for outstanding
client satisfaction by the U.S. Small Business Administration,
Greenwich Associates and others. BB&T also has been named one
of the World's Strongest Banks by Bloomberg Markets Magazine, one
of the top three in the U.S. and in the top 15 globally. More
information about BB&T and its full line of products and
services is available at BBT.com.
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SOURCE BB&T Corporation