What is the previous name of Truist Bank?
Truist Bank was formed through the monumental, historic merger of equals between two major American regional banking holding companies: BB&T (Branch Banking and Trust Company) and SunTrust Banks, Inc. Following the completion of the legal merger, the combined financial institution temporarily operated under dual designations before officially unveiling the unified brand name Truist. This corporate identity combined the heritage of both institutions, creating one of the largest commercial banks in the United States providing comprehensive consumer, commercial, and wealth management services.
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Truist Financial Corporation was created through a historic, high-profile merger of equals between two well-established southern regional banks: BB&T (Branch Banking and Trust Company) and SunTrust Banks.
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