Truist Financial Corporation is a publicly traded American bank holding company formed in December 2019 through the merger of BB&T and SunTrust Banks. Headquartered in Charlotte, North Carolina, it operates 1,928 branches across 15 states and Washington, D.C., with approximately 50,000 employees. Truist provides consumer, commercial, and investment banking services, including securities brokerage, asset management, mortgages, and insurance products. BB&T traces its heritage to 1872 in Wilson, North Carolina. The company emphasizes customer relationships, community investment, and financial accessibility, distinguishing itself through efforts to remove banking friction such as eliminating overdraft fees and offering flexible account structures tailored to individual needs.
Truist operates with a traditional regional banking culture emphasizing customer service, community involvement, and relationship-driven business. The organization reflects the nature of branch-based banking with mixed on-site and remote work depending on role type. Post-merger integration continues to balance maintaining strong local market presence with building a cohesive national platform. The culture reflects established banking sector norms around risk management, financial responsibility, and conservative business practices.
266 open now, 266 first appeared in the last 30d.
| Round | Closed | Amount | Investors |
|---|---|---|---|
| Later | Dec 2019 | undisclosed | BB, T Corporation, SunTrust Banks |