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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 12 June 2019, it was announced that Truist Financial, a bank holding company to be formed from the merger of BB&T and SunTrust Banks, had selected Hearst Tower for its future new corporate headquarters. [27] 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 ...
Truist Plaza is a 265.48 m (871.0 ft) 60 story skyscraper in downtown Atlanta. It was designed by John C. Portman Jr. of John Portman & Associates and built from 1989 to 1992. In the mid-1990s, Portman sold half of his interest in the building to SunTrust Banks , which then moved its headquarters to the building and prompted a name change from ...
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] The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered.
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 .
In March 2020, Truist announced it would vacate its former headquarters building in Winston-Salem except for a branch office and would move employees in its community/retail hub to other locations in the city, including the Park Building on Cherry Street and two locations on Stratford Road. [26]
The current banks with headquarters in the city are Bank of America with $2.8 trillion in assets as of 2020 [54] and Truist Financial with $509 billion in assets as of 2020. [54] Both banks have their headquarters in Uptown, with Bank of America's headquarters at 100 North Tryon Bank of America Corporate Center [ 55 ] and Truist's headquarters ...
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