EX-25.5 30 exhibit255.htm exhibit255.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

Exhibit 25.5


_____________________________________________________________________________

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549
__________________________

FORM T-1

STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)
_______________________________________________________

U.S. BANK NATIONAL ASSOCIATION
(Exact name of Trustee as specified in its charter)

31-0841368
I.R.S. Employer Identification No.

800 Nicollet Mall   
Minneapolis, Minnesota 55402
(Address of principal executive offices) (Zip Code)

Sam Soltani
U.S. Bank National Association
One Federal Street, 3rd Floor
Boston, MA 02110
(617) 603-6436
(Name, address and telephone number of agent for service)

BB&T Capital Trust V
BB&T Capital Trust VI
BB&T Capital Trust VII
BB&T Capital Trust VIII
(Issuer with respect to the Securities)

Delaware 51-6575356
  26-6477011
  26-6477036
  26-6477052
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)
   
 
200 West Second Street 27101
Winston-Salem  
(Address of Principal Executive Offices) (Zip Code)

Capital Securities of BB&T Capital Trust V
Capital Securities of BB&T Capital Trust VI
Capital Securities of BB&T Capital Trust VII
Capital Securities of BB&T Capital Trust VIII
(Title of the Indenture Securities)


FORM T-1

Item 1. GENERAL INFORMATION. Furnish the following information as to the Trustee.
 
  a)   Name and address of each examining or supervising authority to which it is
       subject.
                         Comptroller of the Currency
                         Washington, D.C.
 
  b)   Whether it is authorized to exercise corporate trust powers.
                         Yes
 
Item 2. AFFILIATIONS WITH OBLIGOR. If the obligor is an affiliate of the Trustee,
  describe each such affiliation.
      None
 
Items 3-15   Items 3-15 are not applicable because to the best of the Trustee's knowledge, the
      obligor is not in default under any Indenture for which the Trustee acts as
      Trustee.
 
Item 16.  LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of
  eligibility and qualification.
 
  1 . A copy of the Articles of Association of the Trustee.*
 
  2 . A copy of the certificate of authority of the Trustee to commence business.*
 
  3 . A copy of the certificate of authority of the Trustee to exercise corporate trust
      powers.*
 
  4 . A copy of the existing bylaws of the Trustee.*
 
  5 . A copy of each Indenture referred to in Item 4. Not applicable.
 
  6 . The consent of the Trustee required by Section 321(b) of the Trust Indenture Act
      of 1939, attached as Exhibit 6.
 
  7 . Report of Condition of the Trustee as of March 31, 2008 published pursuant to
      law or the requirements of its supervising or examining authority, attached as
      Exhibit 7.

* Incorporated by reference to Exhibit 25.1 to Amendment No. 2 to registration statement on S-4, Registration Number 333-128217 filed on November 15, 2005.

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SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Boston, Commonwealth of Massachusetts, on the 23rd day of July, 2008.

By: /s/ Sam Soltani
  Sam Soltani
Officer  

By: /s/ Alison Nadeau
  Name: Alison Nadeau
  Title: Vice President

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Exhibit 6

CONSENT

In accordance with Section 321(b) of the Trust Indenture Act of 1939, the undersigned, U.S. BANK NATIONAL ASSOCIATION hereby consents that reports of examination of the undersigned by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

Dated: July 23, 2008

By: /s/ Sam Soltani    
  Sam Soltani
Officer  

By: /s/ Alison Nadeau     
  Name: Alison Nadeau
  Title: Vice President

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Exhibit 7
U.S. Bank National Association
Statement of Financial Condition
As of 3/31/2008

($ 000’s) 

     
 
          3/31/2008
Assets          
         Cash and Balances Due From       $ 7,494,457
                 Depository Institutions          
         Securities         38,286,822
         Federal Funds         5,371,110
         Loans & Lease Financing Receivables         156,885,223
         Fixed Assets         3,251,220
         Intangible Assets         11,809,562
         Other Assets         14,170,921
         Total Assets       $ 237,269,315
 
Liabilities          
         Deposits       $ 143,100,823
         Fed Funds         13,224,737
         Treasury Demand Notes         0
         Trading Liabilities         982,166
         Other Borrowed Money         41,879,455
         Acceptances         0
         Subordinated Notes and Debentures         7,647,466
         Other Liabilities         7,818,123
         Total Liabilities       $ 214,652,770
 
Equity          
         Minority Interest in Subsidiaries       $ 1,530,190
         Common and Preferred Stock         18,200
         Surplus         12,057,586
         Undivided Profits         9,010,569
                 Total Equity Capital       $ 22,616,545
 
Total Liabilities and Equity Capital       $ 237,269,315

 

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association

By: /s/ Sam Soltani___
Title: Officer

Date: July 23, 2008

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