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Truist Securities [5] Truist Insurance Holdings [6] Website. truist .com. Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
Both founders of the bank served in the Confederate Army. BB&T/SunTrust merger. On February 7, 2019, It was reported that Winston-Salem-based BB&T and Atlanta-based SunTrust Banks would come together in a merger of equals to create the eighth-largest U.S. bank. It would be the biggest bank deal since the 2007-2009 financial crisis.
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. [2] The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs ...
2. Great share-price performance over the past year. Since June 12 of 2012, SunTrust has returned 49.24% to its shareholders. It's true, investor darling Bank of America has returned 83.79% over ...
LightStream is an American online lender that is a division of Truist Bank. [1] Truist was formed in December 2019, as the result of a “merger of equals" between SunTrust Bank (of which LightStream was a division) and BB&T. [2] Debuting in March 2013, LightStream is a financial services technology company that provides unsecured, personal ...
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Number of employees. 8,215 (1997) Footnotes / references. [1] Crestar Bank was a bank headquartered in Richmond, Virginia with branches in Virginia and Maryland. It was the leading subsidiary of Crestar Financial Corporation. In 1998, it was acquired by SunTrust Banks. At that time, it was the largest independent bank in Virginia.
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