According to The Wall Street Journal, the deal is likely to lead to branch closures throughout the Southeast. BB&T and SunTrust, which have more than 3,100 branches all told and about 740 within two miles of each other, both have been shuttering locations as customers migrate to digital offerings, the newspaper reports. BB&T and SunTrust have more than 3,100 branches combined and about 740 within two miles of each other, according to The Wall Street Journal.