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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 across 11 southeastern states and Washington, D.C. The bank's primary businesses included deposits, lending, credit cards, and trust and investment services ...
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.
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta -based SunTrust Banks to form Truist Financial, which retains BB&T's stock price ...
BB&T and SunTrust, which were ranked the 11th and 12th largest banks by assets, respectively, as of Sept. 30, 2019, now form a top-10 bank. ... The bank has around 1,200 branches in 14 states, and ...
US banks added more net new branches in 2023 for the first time in a decade. That bet on new brick-and-mortar locations isn't letting up so far in 2024. Last year banks added 94 net new branches ...
On Friday, SunTrust Banks added its name to a growing list of regional lenders that have accelerated their recovery in the aftermath of the financial crisis. What you need to know about SunTrust's ...
National Commerce Financial (NCF), the newly named parent company, bought twelve other branches in Georgia and Virginia which would become NBC branches. First Bank bought the other branch, in Salisbury. In May 2004, NCF announced it would merge with SunTrust, making SunTrust the seventh-largest bank in the United States.
In 1983, the bank acquired Cleveland-based Union Commerce Bank. In 1997, the bank acquired First Michigan Bank Corporation of Holland, Michigan. In 2002, the company sold its branches in Florida to SunTrust Banks for $705 million. In March 2006, the company acquired Unizan Financial.
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