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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.
On December 11, 2019, Truist officially exercised its option to purchase Hearst Tower in downtown Charlotte from Cousins Properties. Truist moved its corporate headquarters to Hearst Tower, which was renamed Truist Center. [20] Truist had taken over 550,000 square feet (51,000 m 2) of 965,000 square feet (89,700 m 2) total. [21]
Truist Financial: Charlotte, North Carolina: $523 7.0% $49.24 TFC 11 Capital One: McLean, Virginia: $486 7.6% $49.94 COF 12 Charles Schwab Corporation: Westlake, Texas: $466 7.0% $125.39 SCHW 13 The Bank of New York Mellon: New York City: $427 8.5% $40.03 BK 14 State Street Corporation: Boston, Massachusetts: $338 8.0% $23.90 STT 15 BMO USA ...
As of last year, Truist had more than 50,000 workers throughout the U.S., including more than 3,000 workers in the Charlotte area. Truist is headquartered at 214 N. Tryon St. Show comments
Truist Bank. Why it stands out: Truist Bank has more than 2,500 locations, the most of any regional bank on the list. Pros: Many locations. Wide range of products offered. Cons: $12 monthly ...
In November 2021, Truist Financial announced it would be closing their branch in the building by mid-February 2022. It stated it plans to open a branch on the ground level of Truist Center . In November 2021, the branch employees were the only Truist employees left in the building.
The number of US branches was 69,684 at the end of 2023, down from 82,461 in 2012. ... revenue sources beyond lending — "tends to require more personal contact" that only a branch can provide ...
SunTrust locations in the United States. 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]