For more information about becoming an Investor, please contact:

Craig Richard
President & CEO

(813) 518-2620
crichard@tampaedc.com

SunTrust Bank Tampa Bay

 

 

SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of December 31, 2017, SunTrust had total assets of $206 billion and total deposits of $161 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.

 




Tim Schar

Tim is the Market President for the Tampa Bay Area in the Florida Division of SunTrust Bank. He has primary market responsibility for the Bank’s Commercial Banking activities, including relationships with for profit, not for profit, government and education institutions.

 

Tim has over two decades of leadership and investment banking experience with Bear Stearns, Credit Suisse, Wachovia and Wells Fargo. Tim held various leadership positions, including Head of Convertibles and Equity Derivatives Group at Wachovia (2002 – 2007), Managing Director of West Coast Global Market Solutions at Credit Suisse (2007-2009) and Head of Tech, Media Telecom Equity Capital Markets at Wells Fargo (2010 – 2016). In these roles, he built and managed high-performing teams and focused on originating and executing complex capital markets transactions. Tim has advised public and private companies on financing and strategic transactions across multiple industries and geographies, with significant expertise in technology, media, telecom, fintech, healthcare and industrial sectors.

 

Immediately prior to joining SunTrust, Tim was Chief Financial Officer and Chief Compliance Officer for ApplePie Capital, the leading online alternative lender focused on franchised businesses. He also served as VP of finance and interim-CFO at ServiceSource International, prior to its IPO in 2011.

 

Tim received a BA degree in Economics, with concentrations in Mathematics and Computer Science from Macalester College.

 

Tim and his wife are raising four daughters and live in Tampa, FL. When he is not working or spending time with his family, he enjoys cycling, running, swimming and skiing..

Tim Schar
Senior Vice President, Market President - Tampa Bay