The BB&T Corporation (NYSE: BBT) is one of America's largest banks, offering full-service commercial an retail banking services along with other financial services like insurance, investments, retail brokerage, mortgage, corporate finance, consumer finance, payment services, international banking, leasing and trust. Based in Winston-Salem, North Carolina, with $121.7 billion in assets (as of March 2007), BB&T operates more than 1,500 financial centers in the U.S. South, throughout the states of North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama and Indiana, and in Washington, D.C.. The "BB&T" acronym stands for "Branch Banking and Trust."