Capabilities

Conversion of credit card bank to a federal savings bank

BB&T Corporation

Our attorneys are representing BB&T Corp. in regulatory matters in connection with the conversion of BB&T's Georgia-chartered credit card bank, BB&T Bankcard Corporation, to a federal savings bank to be called BB&T Financial, FSB. The converted entity will focus on the bank's nationwide gift card, prepaid debit card and credit card businesses, merchant processing business, retail installment credit lending operations, and wholesale mortgage operations.

Email Disclaimer