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This page was last edited on 23 December 2023, at 23:27 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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]
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 .
Fifth Third Bank (5/3 Bank), the principal subsidiary of Fifth Third Bancorp, is a bank holding company headquartered in Cincinnati, Ohio. Fifth Third operates 1,100 branches and 2,400 automated teller machines , [ 3 ] which are in 11 states: Ohio , Florida , Georgia , Illinois , Indiana , Kentucky , Michigan , North Carolina , South Carolina ...
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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.