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 *

Fortin Raymond D	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)
Corp. EVP & General Counsel	
(Last)          (First)          (Middle)

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

12/31/2010		
(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  	 	 	 	  	 	 	 	29146  	D  	
 	
Common Stock  	 	 	 	  	 	 	 	3037.1511  	D   (1)	
 	
Common Stock  	 	 	 	  	 	 	 	54126  	D   (2)	

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					
Phantom Stock Units   (3)	  (3)	 	 	   	  	  	  	  (3)	  (3)	Common Stock  	1770.2346  	 	1770.2346  	D  	
 	
Phantom Stock Units   (4)	  (4)	12/31/2010  	 	A  	  	790.6974   	  	  (4)	  (4)	Common Stock  	790.6974  	$29.51  	21229.2489  	D  	
 	
Phantom Stock Units   (4)	  (4)	12/31/2010  	 	D  	  	  	11.4653   	  (4)	  (4)	Common Stock  	11.4653  	$29.51  	21217.7836  	D  	
 	
Option   (5)	$64.57  	 	 	   	  	  	  	11/13/2004  	11/13/2011  	Common Stock  	10955  	 	10955  	D  	
 	
Option   (5)	$54.28  	 	 	   	  	  	  	2/11/2006  	2/11/2013  	Common Stock  	13158  	 	13158  	D  	
 	
Option   (5)	$73.19  	 	 	   	  	  	  	2/10/2007  	2/10/2014  	Common Stock  	15000  	 	15000  	D  	
 	
Option   (6)	$73.14  	 	 	   	  	  	  	2/8/2008  	2/8/2015  	Common Stock  	18000  	 	18000  	D  	
 	
Option   (6)	$71.03  	 	 	   	  	  	  	2/14/2009  	2/14/2016  	Common Stock  	20000  	 	20000  	D  	
 	
Option   (6)	$85.06  	 	 	   	  	  	  	2/13/2010  	2/13/2017  	Common Stock  	18000  	 	18000  	D  	
 	
Option   (6)	$64.58  	 	 	   	  	  	  	2/12/2011  	2/12/2018  	Common Stock  	33500  	 	33500  	D  	
 	
Option   (6)	$9.06  	 	 	   	  	  	  	2/10/2012  	2/10/2019  	Common Stock  	183273  	 	183273  	D  	

Explanation of Responses:	
(  1) 	Because the stock fund component of the 401(k) 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) 	Restricted stock held under the SunTrust Banks, Inc. 2004 Stock Plan and the 2009 Stock Plan. Subject to certain vesting conditions. Restricted stock agreements contain tax withholding features allowing stock to be withheld to satisfy tax withholding obligations. All plans are exempt under Rule 16(b)-3. Includes 25,100 shares which vest on 02/10/2012 and 15,159 shares which vest on 12/16/2013.	
(  3) 	The reported phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These phantom stock units convert to common stock on a one-for-one basis.	
(  4) 	Represents stock units granted under the SunTrust Banks, Inc. 2009 Stock Plan paid as salary. The stock units will be settled in cash one half on March 31, 2011 and one half on March 31, 2012, unless settled earlier due to the executive's death.	
(  5) 	Granted pursuant to the SunTrust Banks, Inc. 2000 Stock Plan.	
(  6) 	Granted pursuant to the SunTrust Banks, Inc. 2004 Stock Plan.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Fortin Raymond D
303 PEACHTREE STREET
ATLANTA, GA 30308			Corp. EVP & General Counsel		

Signatures		
David A. Wisniewski, Attorney-in-Fact for Raymond D. Fortin		1/4/2011	
** 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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