Truist
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina, formed in December 2019 from the merger of BB&T and SunTrust Banks. It is one of the largest banks in the U.S., offering a wide range of financial services.
Company facts
- Founded
- 2019
- Headquarters
- United States
- CEO
- William H. Rogers Jr.
About
Truist Financial Corporation is a prominent American bank holding company, established in December 2019 through the historic merger of equals of BB&T (Branch Banking and Trust Company) and SunTrust Banks. Headquartered in Charlotte, North Carolina, Truist stands as one of the largest commercial banks in the United States, serving approximately 15 million clients. The company operates an extensive network of over 1,900 branches and more than 2,800 ATMs across 17 states and Washington, D.C., with a significant presence in many high-growth markets. Truist offers a comprehensive suite of financial products and services tailored to meet the diverse needs of its consumer and commercial clients. These offerings include retail and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. The company is driven by a clearly defined purpose: to inspire and build better lives and communities. This purpose is embedded in its culture, guiding its interactions with clients, empowering its teammates, and shaping its community engagement efforts. Truist emphasizes a commitment to care, aiming to make a positive impact by understanding client needs and fostering a supportive environment for both its employees and the communities it serves. The formation of Truist represented the largest bank deal since the 2007-2008 financial crisis, combining the strengths and legacies of two established financial institutions to create a new entity focused on technology, client service, and community investment.