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Truist Financial is a bank holding company formed in 2019 by the merger of BB&T and SunTrust Banks. It operates 2,781 branches in 15 states and Washington, D.C., and offers various financial services and products.
SunTrust Banks was an American bank holding company that merged with BB&T in 2019 to form Truist Financial. Learn about its origins, operations, controversies, and legacy from this Wikipedia article.
It began in 1961 with the merger of Durham Bank & Trust and University National Bank of Chapel Hill, North Carolina. Central Carolina Bank and Trust merged with SunTrust Banks of Atlanta, Georgia in 2005, which in turn merged with BB&T to form Truist Financial. [1] Its headquarters was the historic 17-story Hill Building in North Carolina.
In March 2022, the bank closed five Charlotte-area branches because of overlap following the BB&T and SunTrust merger that formed Truist in 2019. In total, Truist planned to close 800 branches .
BB&T was a large banking and financial services firm in the US, founded in 1872 and based in North Carolina. It merged with SunTrust in 2019 to form Truist, the eighth-largest U.S. bank, with headquarters in Charlotte.
Truist Center is a 47-story skyscraper in Uptown Charlotte, North Carolina, and the headquarters of Truist Financial. It was built in 2002 as the Hearst Tower and has a reverse floor plate design, a public plaza, and a sculpture by Howard Ben Tré.
PNC Financial Services is a bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. It operates in 27 states and the District of Columbia, and provides various banking, investment, and financial services products.
SouthState Bank is a Florida-based bank with 300 branches in six states. It was founded in 1934 as First National Bank and has grown through several acquisitions, including Park Sterling Corp. in 2017 and CenterState Bank in 2020.
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