Are there state banks in the USA?
No, BB&T no longer operates under its original branding. In 2019, BB&T merged with SunTrust Banks to form a new company called Truist Financial. Following this merger, branches were rebranded, and the company now operates under the Truist name. While the new entity retains BB&T’s stock price history and operates under its original charter, the BB&T brand has been replaced by Truist in the consumer banking market.
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