Mortgage lender and servicer BB&T Corp., one of the largest financial services holding companies in the U.S., with $219.3 billion in assets and current market capitalization of about $38.1 billion, on Thursday held groundbreaking ceremonies for its new, 140,000-square-foot mortgage servicing center in Mauldin, S.C.
The new $30 million building will accommodate more than 600 BB&T associates who work primarily in administrative, back office and support functions. BB&T expects to complete construction and move into the facility by the end of the fourth quarter.
“The construction of this new mortgage servicing center is indicative of BB&T’s commitment to South Carolina, Mauldin and the greater Greenville area,” says Tol Broome, president of mortgage lending at the company, in a release. “With this state-of-the-art facility, we will be better equipped to provide our clients with superior service as we help them fulfill the dream of homeownership.”