The SunTrust Bank we know today is no longer the same bank it was before. SunTrust Bank merged with BB&T to form Truist Financial Corporation in 2019.
The merger was a significant one, creating the 9th largest bank in the US with over $450 billion in assets.
The new company, Truist Financial Corporation, is headquartered in Charlotte, North Carolina, and has operations in 11 states.
About Truist
Truist Bank is the result of a merger between BB&T and SunTrust Banks, which was finalized in 2019. The combined bank has over 2,100 branches in many communities.
Truist offers a range of services, including checking and savings accounts, insurance, credit cards, personal loans, mortgages, and retirement services.
Here are some benefits of banking with Truist:
- More than 2,100 branches
- Free checking for students
- No overdraft fees
- Convenient mobile banking
About Truist
Truist Bank is the result of a 2019 merger between BB&T and SunTrust Banks. It has a significant presence in many communities across the US.
The bank has more than 2,100 branches, making it easily accessible to a large number of customers.
One of the notable features of Truist Bank is its commitment to providing free checking for students.
Additionally, Truist Bank offers convenient mobile banking services, allowing customers to manage their accounts on the go.
What
Truist is a bank that offers a wide range of financial services to its customers.
The bank was formed in 2020 through the merger of BB&T and SunTrust.
Truist operates in 11 states, with a significant presence in the southeastern United States.
Its services include personal banking, commercial banking, and wealth management.
The bank has over 2,000 branches and 3,000 ATMs across its operating states.
A different take: Bank of United States
News and Updates
SunTrust Bank is now Truist, a name change that took effect in 2020.
The merger between SunTrust Bank and BB&T was completed on December 6, 2019.
The combined bank operates under the Truist brand, with a new logo and branding.
Truist has over 2,000 branches across the US, offering a wide range of financial services to individuals and businesses.
The bank's headquarters is located in Charlotte, North Carolina.
Truist has a large network of over 14,000 ATMs.
The bank offers online and mobile banking services, allowing customers to manage their accounts remotely.
Truist has a strong presence in the Southeast region of the US.
Frequently Asked Questions
What happened to SunTrust Bank?
SunTrust Bank merged with BB&T's banking unit to form Truist Bank. The merger created a new legal banking entity.
Sources
- https://www.prnewswire.com/news-releases/bbt-and-suntrust-complete-merger-of-equals-to-become-truist-300971207.html
- https://media.truist.com/news-releases
- https://media.truist.com/2019-06-12-Merger-of-Equals-Between-BB-T-and-SunTrust-Will-Create-Truist
- https://www.pymnts.com/news/banking/2019/suntrust-bbt-pick-new-bank-name/
- https://www.consumeraffairs.com/finance/suntrust_bank.html
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