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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 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.
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 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 .
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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] The bank announced the deal was completed March 31, 2020. However, due to the COVID-19 pandemic, further actions would be delayed. [22]
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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 ...