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The company was formed in 2019 with the merger of BB&T and SunTrust Banks. Truist is headquartered at 214 N. Tryon St. More than 3,000 workers are in the Charlotte area.
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. As of September 2016, SunTrust Bank operated 1,400 bank branches and 2,160 ATMs ...
The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. [1] [8] [9] Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services. [3]
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 ...
William H. Rogers Jr. (born 1957/58) is an American businessman who is the chairman and chief executive officer of Truist Financial Corporation. He was previously chairman and chief executive officer of Atlanta-based SunTrust Banks. In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston ...
On average, between 1980 and 1994, a US bank failed every three days. The pace of bankruptcies peaked immediately after the 2008 financial crisis. [1] The 2007–2008 financial crisis led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2]
Crestar Financial Corporation. Crestar Bank was a bank headquartered in Richmond, Virginia with branches in Virginia and Maryland. It was the leading subsidiary of Crestar Financial Corporation. In 1998, it was acquired by SunTrust Banks. At that time, it was the largest independent bank in Virginia.
Wells served as a director of the Federal Reserve Bank of Atlanta, the Financial Services Roundtable, Visa U.S.A. Inc., the Crestar Financial Corporation, and the Crestar Bank, acquired by SunTrust Banks in 1998. [1] [5] [6] Wells is a trustee of the Georgia Research Alliance. [1] [7] Since November 2010, he has been director of Operation HOPE ...