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  2. Truist Financial - Wikipedia

    en.wikipedia.org/wiki/Truist_Financial

    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.

  3. The Clearing House Payments Company - Wikipedia

    en.wikipedia.org/wiki/The_Clearing_House...

    The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks.

  4. SunTrust Banks - Wikipedia

    en.wikipedia.org/wiki/SunTrust_Banks

    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 ...

  5. BB&T - Wikipedia

    en.wikipedia.org/wiki/BB&T

    BB&T. 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 ...

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  7. List of bank mergers in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_bank_mergers_in...

    SunTrust: National Commerce Financial: SunTrust: $6.98 Billion [33] Truist Financial: 2004 Wachovia: SouthTrust: Wachovia: $14.3 billion Wells Fargo: 2005 PNC Bank: Riggs Bank: PNC Bank: $0.78 billion [34] PNC Financial Services: 2005 Capital One Financial Corporation: Hibernia National Bank: Capital One Financial Corporation: $4.9 Billion [35 ...

  8. Wholesale funding - Wikipedia

    en.wikipedia.org/wiki/Wholesale_funding

    Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...

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