BB&T Corporation is an acronym of Branch Banking & Trust. It had been founded in 1872 with establishment of the merchant bank "Branch and Hadley" by Thomas Jefferson Hadley and Alpheus Branch. It is among the largest financial service holding companies with total assets of $182 billion as per 2012 FY report. It has over 1,800 financial centers in 12 states and has 33,647 employees according to December 2011 report. It provides full range of asset management, securities brokerage, mortgage, consumer and commercial banking, insurances products and services. Kelly S. King is CEO cum chairman of the corporation. This corporation is also known to make donations in various organizations.