In announcing the pledge, LSA President Ted W. Goins, Jr. stated, “We are thrilled to receive this very generous gift from BB&T and we are grateful for their endorsement of our efforts to improve the lives of the elders of North Carolina.”
The BB&T gift will lend support to the construction and equipping of Trinity Glen, one of two nursing homes being built to replace LSA’s Lutheran Home – Winston-Salem. The building of this new home on Water Works Road will also be one of the most economically significant projects to take place in the area over the last 10 years.
C. Louis Moore, community bank group executive at BB&T stated, “The work done by LSA is truly amazing and benefits so many people. BB&T is proud to be LSA’s financial partner in this effort.”
LSA is a Salisbury-based healthcare organization serving elders across North Carolina through nursing homes, retirement communities, assisted living residences, and adult day services. The Keeping the Promise campaign will raise a portion of the funds needed for the construction of four nursing homes, renovations to existing homes, and the expansion of community-based services. To date, the campaign has raised $1.8 million of its $5 million goal.
BB&T Corporation (NYSE: BBT) is one of the largest financial services holding companies in the U.S. with more than $157.2 billion in assets and market capitalization of $16.7 billion, as of Sept. 30, 2010. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 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 J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.