Search results
Results from the WOW.Com Content Network
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.
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 .
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.
However, on the day the merger closed, SunTrust Bank merged into Branch Banking & Trust Company, forming Truist Bank as the merged company's legal banking entity. On December 11, 2019, Truist officially exercised its option to purchase Hearst Tower in downtown Charlotte from Cousins Properties.
At the time of the sale, Bank of America occupied 322,311 square feet (29,943.7 m 2), [25] and the building was 94% leased. [26] 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]
Central Carolina Bank and Trust (CCB) was a bank headquartered in Durham, North Carolina. It began in 1961 with the merger of Durham Bank & Trust and University National Bank of Chapel Hill, North Carolina. Central Carolina Bank and Trust merged with SunTrust Banks of Atlanta, Georgia in 2005, which in turn merged with BB&T to form Truist ...
Suntrust Bank v. Houghton Mifflin Co. SunTrust Plaza (Nashville) T. Truist Park; Truist Plaza This page was last edited on 24 May 2024, at 01:36 (UTC). Text is ...
As of 2024, the building was occupied by a branch of Truist, based in Charlotte, North Carolina. Truist's predecessor SunTrust Banks had taken ownership of the structure when it acquired Crestar Bank, which itself had previously taken control of the National Savings and Trust Company. [3] [4] [5]