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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 .
Truist will occupy 561,000 square feet (52,100 m 2) in the tower and has the option to buy the tower from Cousins in the fourth quarter of 2019 for $455.5 million. [28] On 14 August 2019, Hearst Communications announced it would move out of its namesake tower to offices near the city's Ballantyne neighborhood in early 2020 to make way for Truist.
Truist moved its corporate headquarters to Hearst Tower, which was renamed to Truist Center. [102] Truist had taken over 550,000 square feet (51,000 m 2) of 965,000 square feet (89,700 m 2) total. [103] The bank announced the deal was completed March 31, 2020. However, due to the COVID-19 pandemic, further actions will be delayed. [104]
Truist unveiled its logo in January 2020, with two Ts representing touch and technology, and a shade of purple combining the blue of SunTrust and the burgundy of BB&T. [23] In November 2020, the bank used helicopters to lift up four signs to the top of the former Hearst Tower. The "Truist" wordmark appears on the North Tryon Street and North ...
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The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
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Two Hannover Square is a 29-story 431.01 ft (131.37 m) skyscraper at 434 Fayetteville Street in Raleigh, North Carolina with 433,900 square feet (40,310 m 2) of office space.
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