FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

REED WILLIAM R JR	2. Issuer Name and Ticker or Trading Symbol

SUNTRUST BANKS INC [ STI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice Chairman	
(Last)          (First)          (Middle)

303 PEACHTREE STREET	3. Date of Earliest Transaction (MM/DD/YYYY)

5/18/2007		
(Street)

ATLANTA, GA 30308
(City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock  	 	 	 	  	 	 	 	30133.824  	I  	401(k)   (1)	
Common Stock  	5/18/2007  	 	G	  V	1000  	D	  (2)	136200  	I  	Spouse  	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Option   (3)	$48.33  	 	 	  	  	  	  	10/1/2004  	1/14/2013  	Common Stock  	2069  	 	2069  	D  	
 	
Option   (3)	$52.09  	 	 	  	  	  	  	10/1/2004  	1/15/2012  	Common Stock  	1919  	 	1919  	D  	
 	
Option   (3)	$48.33  	 	 	  	  	  	  	1/14/2004  	1/14/2013  	Common Stock  	24347  	 	24347  	D  	
 	
Option   (3)	$52.09  	 	 	  	  	  	  	1/15/2003  	1/15/2012  	Common Stock  	36157  	 	36157  	D  	
 	
Option   (4)	$49.97  	 	 	  	  	  	  	1/16/2002  	1/16/2011  	Common Stock  	19168  	 	19168  	D  	
 	
Option   (4)	$31.93  	 	 	  	  	  	  	7/5/2001  	7/5/2010  	Common Stock  	49530  	 	49530  	D  	
 	
Option   (4)	$35.84  	 	 	  	  	  	  	1/14/1999  	1/14/2009  	Common Stock  	12383  	 	12383  	D  	
 	
Option   (5)	$56.17  	 	 	  	  	  	  	10/1/2004  	1/21/2014  	Common Stock  	49926  	 	49926  	D  	
 	
Option   (6)	$71.24  	 	 	  	  	  	  	10/1/2007  	10/1/2014  	Common Stock  	100000  	 	100000  	D  	
 	
Option   (6)	$71.03  	 	 	  	  	  	  	2/14/2009  	2/14/2016  	Common Stock  	47734  	 	47734  	D  	
 	
Option   (6)	$85.06  	 	 	  	  	  	  	2/13/2010  	2/13/2017  	Common Stock  	42000  	 	42000  	D  	
 	
Phantom Stock Units   (7)	  (7)	 	 	  	  	  	  	  (7)	  (7)	Common Stock  	480.965  	 	480.965  	D  	
 	
Phantom Stock Units   (8)	  (8)	 	 	  	  	  	  	  (8)	  (8)	Common Stock  	164.6856  	 	164.6856  	D  	

Explanation of Responses:	
(  1) 	Acquired under the National Commerce Financial Corporation Investment Plan, which was frozen on 12/31/04, and merged into the SunTrust Banks, Inc. 401(k) Plan on July 1, 2005. Because the stock fund component of the 401(k) Plan is accounted for in unit accounting, the number of share equivalents varies based on the closing price of SunTrust stock on the applicable measurement date.	
(  2) 	This transaction is a gift	
(  3) 	Granted pursuant to the National Commerce Financial Corporation Amended and Restated Long-Term Incentive Plan.	
(  4) 	Granted pursuant to the National Commerce Financial Corporation 1994 Stock Plan, Amended and Restated.	
(  5) 	Granted pursuant to the National Commerce Financial Corporation 2003 Stock and Incentive Plan.	
(  6) 	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.	
(  7) 	Acquired under the National Commerce Bancorporation Deferred Compensation Plan, which is a frozen plan. These phantom stock units convert to common stock on a one-for-one basis. Payouts occur annually in January, ending in 2009.	
(  8) 	The reported phantom stock units were acquired under SunTrust Banks, Inc.'s 401(k) excess benefit plan. These phantom stock units convert to common stock on a one-for-one basis.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
REED WILLIAM R JR
303 PEACHTREE STREET
ATLANTA, GA 30308			Vice Chairman		

Signatures		
Timothy Stephen Johnson, Attorney-in-Fact for William R. Reed, Jr.		5/21/2007	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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