Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Cummins Hugh S. III
2. Date of Event Requiring Statement (Month/Day/Year)
04/03/2017
3. Issuer Name and Ticker or Trading Symbol
SUNTRUST BANKS INC [STI]
(Last)
(First)
(Middle)
303 PECHTREE STREET, NE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEVP & Wholesale Banking Exec
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ATLANTA, GA 30308
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 25,635.91
D
 
common Stock 2,858.9519
I
401(k) (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock (3)   (3)   (3) Common Stock 1,080.196 $ (3) D  
Phantom Stock (2) 02/14/2020 02/14/2020 Common Stock 1,971.813 $ (2) D  
Phantom Stock (2) 02/14/2019 02/14/2019 Common Stock 1,971.813 $ (2) D  
Phantom Stock (2) 02/14/2018 02/14/2018 Common Stock 1,972.818 $ (2) D  
Phantom Stock (2) 02/09/2020 02/09/2020 Common Stock 46,488.511 $ (2) D  
Phantom Stock (2) 02/09/2019 02/09/2019 Common Stock 46,488.514 $ (2) D  
Phantom Stock (2) 02/09/2019 02/09/2019 Common Stock 3,625.766 $ (2) D  
Phantom Stock (2) 02/09/2018 02/09/2018 Common Stock 3,625.765 $ (2) D  
Phantom Stock (2) 02/10/2018 02/10/2018 Common Stock 3,332.148 $ (2) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cummins Hugh S. III
303 PECHTREE STREET, NE
ATLANTA, GA 30308
      CEVP & Wholesale Banking Exec  

Signatures

David Wisniewski, Attorney-in-Fact for Hugh S. Cummins, III 04/04/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) 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) Represents time-vested restricted stock units under the 2009 Stock Plan. The Plan is exempt under Rule 16b-3. The restricted stock unit award agreements contain tax withholding features which allow us to withhold units to satisfly withholding obligations. Units will be settled in shares.
(3) The phantom stock units were acquired under SunTrust Banks, Inc.'s Deferred Compensation Plan. These securities convert to common stock on a one-for-one basis.

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