Pros
I enjoyed most of my time with BB&T. The Sr. Management folks are well versed in their fields, BB&T will not loan funds for projects where eminent domain was used to grab the land, they have a strong conservative philosophy that has positioned BB&T to weather the current economy virtually unscathed, and are positioned to continue growth in what is a tight market. In short, from a business and investment perspective, BB&T may not make one a large return, but BB&T is also going to be around where others will fail.
Cons
There seems to be a large disconnect between the operational aspect of BB&T and the IT groups. While the business end of BB&T has mechanisms in place for recognition and reward, there are little to none of these mechanisms in place for IT. When this is mentioned, it is quickly swept under the rug. Another con is no room for advancement. When management is queried about this, one gets answers pointing at positions like "Distinguished Technologist," what is not pointed out is there is only one such position and it is filled. Further, IT at BB&T is based on a culture of blame-storming. While I agree that one must take account of ones actions, BB&T seemed to stress the negative side of the equation instead of realizing the equation should balance. In short, it was always get it right or you're fired instead of any good job or thank you's. I cannot recommend BB&T as a place to work in IT. There are some real bright spots and tremendous managers, but from this writer's experience they are the exception and not the norm.