Proof of Usefulness Report

SunTrust Banks

Analysis completed on 1/30/2026

+592

Proof of Usefulness Score

Industry Mainstay

The submission represents SunTrust Banks, a major historical financial institution now merged into Truist. While the historical scale (38,335 employees) and real-world utility of the banking services are undeniably high, the submission itself is low-quality with vague technical details and hyperbolic reach claims ('everyone'). The score reflects the massive legacy traction and utility, heavily penalized by the lack of current market relevance (defunct brand) and the generic nature of the input.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+22.5

Audience Reach Impact+18.0

Technical Innovation+1.5

Evidence Of Traction+22.5

Market Timing Relevance+1.0

Functional Completeness+0.25

Subtotal+657.5

Usefulness Multiplierx0.9

Final Score+592

Project Details

Project URL

suntrust.com

Description

SunTrust Banks was a financial services company that provided a wide range of banking and financial products to consumers, businesses, and institutions. Headquartered in Atlanta, Georgia, SunTrust offered services such as personal banking, mortgage lending, wealth management, and corporate banking. The company was known for its commitment to customer service and community involvement. In December 2019, SunTrust Banks merged with BB&T Corporation to form Truist Financial Corporation, creating one of the largest financial services companies in the United States. The merger aimed to leverage the strengths of both institutions to provide enhanced services and innovative solutions to their clients.

Algorithm Insights

Market Position

Strong market validation with clear user adoption patterns

User Engagement

Documented reach suggests active user community

Technical Stack

Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline