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In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston-Salem-based BB&T. Truist is currently the sixth largest U.S. bank, and the merger was the biggest bank deal since the 2007–2008 financial crisis. Rogers became president and chief operating officer of Truist after the merger, and he ...
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]
On January 23, 2019, at around 12:30 pm, five women – four employees and a customer – were shot and killed at the SunTrust Bank in Sebring, Florida.Zephen Xaver, aged 21, surrendered and was arrested at the scene by police after a standoff and the deployment of a SWAT team. [2]
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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200 South Orange, formerly known as the SunTrust Center and Sun Bank Center, is a skyscraper located in the Central Business District of Orlando, Florida. Rising to 441 ft (134.4 m), it is the tallest multi-story building in Orlando and Central Florida outside of Tampa and St. Petersburg. Completed in 1988, it has 35 stories and 30 floors of ...
Truist Place, formerly SunTrust Financial Centre, is a 525 ft (160 m) skyscraper in Tampa, Florida. It was completed in 1992 and has 36 floors. It was completed in 1992 and has 36 floors. Cooper Carry designed the building, which is the 4th tallest in Tampa.
On that day, SunTrust Bank merged into BB&T's banking unit, Branch Banking and Trust Company, forming Truist Bank as the merged company's legal banking entity. However, the merged bank will continue to operate under the BB&T and SunTrust names until the two banks' systems are combined, a process that could take up to two years.