Search results
Results from the WOW.Com Content Network
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [6] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
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. [3] The bank's primary businesses included deposits, lending, credit cards, and trust and investment services ...
In 1995, the bank acquired Loyola Federal Savings and Loan of Maryland for $251 million in stock. [7] [8] The bank also acquired 6 branches in Maryland from Chase Bank. [9] In Jan 20 1995, Jefferson Savings & Loan, headquartered in Warrenton, VA, was acquired by Crestar Financial Corp, [10] In 1996, the bank acquired Citizens Bank of Maryland.
AOL latest headlines, entertainment, sports, articles for business, health and world news.
Central Carolina Bank and Trust (CCB) was a bank headquartered in Durham, North Carolina. 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 ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Customers of both banks were given free access to all of Truist's ATMs free of charge. [17] The merged bank will continue to operate under the BB&T and SunTrust names until the two banks' computer hardware, software and networking systems are streamlined, a process that could take as long as two years. [18]
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 loans to people with good credit rating , through a digital process.