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October 30 2013

Muriel Garr, Vice President and Community Development Manager for SunTrust Bank, Inc. Joins Operation HOPE Mid-Atlantic Board


ATLANTA – October 31, 2013 – Financial empowerment nonprofit Operation HOPE announced today the addition of Muriel Garr, Vice President, Community Development Manager, SunTrust Bank, Inc. to the Mid-Atlantic Board of Directors. 


“We are pleased to announce the addition of Muriel Garr as one of HOPE’s newest “silver rights” Ambassadors,” said Jackie Starr, President Baltimore Market, Operation HOPE. “We believe her expertise and dedication will help advance HOPE’s financial dignity initiatives in the Washington, DC area and throughout the Mid-Atlantic region.”

Ms. Garr has over 29 years of experience in the financial services industry. She is the Vice President and Regional Community Development Manager of SunTrust Bank. In this capacity she is responsible for overseeing the Bank's community development programs for the greater Washington market, managing the implementation of the strategic direction of the Bank's initiatives focusing on lending, investment and services for low-to-moderate income persons and communities. Muriel serves as the Bank's primary liaison within the company regarding community development issues, communicating with influential leaders and groups, then interprets and evaluates market needs and determines SunTrust's role in servicing those needs.

She serves on numerous boards and committees of organizations focused on financial empowerment, homeownership, community and economic development. Her current board and committee service includes: District of Columbia Veterans Affairs Medical Center Steering Committee; FSC First Bankers Task Force; LISC – Washington, DC Advisory Committee.

From January 2003 through December 2004, Ms. Garr was the President of the Metropolitan Washington Bankers Group, a membership organization comprised of community development officers from financial institutions in the Washington metropolitan area. Under her leadership the Group founded the Northern Virginia Affordable Housing Alliance, a nonprofit advocacy group comprised of financial institutions, community based organizations, government agencies and other stakeholders concerned about the production and preservation of affordable housing in Northern Virginia.

Headquartered in Atlanta, SunTrust Bank is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2013, SunTrust had total assets of $172.4 billion and total deposits of $129.9 billion.  Through its flagship subsidiary, SunTrust Bank, the Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels.  The Company also serves clients in selected markets nationally.  Its primary businesses include deposit, credit, trust and investment services.  Through its various subsidiaries, the Company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com.

HOPE’s Mid-Atlantic Board is comprised of some of the region’s most powerful executives, decision-makers, bankers and economists. These individuals play an essential role in driving HOPE’s Silver Rights Movement to expand economic opportunity, and make capitalism and free enterprise accessible to the community. A complete 2013 list of HOPE's Boards may be viewed at http://www.operationhope.org/smdev/clst20.php?id=165