![]() Truist is currently operating at all existing SunTrust and BB&T locations. We'll update this article as Truist account specifics become more clear and as Truist begins offering accounts directly under the Truist name. Plus, you can get mortgages and other loans. ![]() You can also open money market accounts (MMAs), certificates of deposit (CDs) and credit cards. These include a number of different checking and savings accounts, designed to meet the needs of clients with different financial situations. At the same time, there's a chance that Truist will grandfather in existing BB&T and SunTrust account holders, while deciding to offer a whole new slate of products.Īt this time Truist offers a variety of accounts under the SunTrust and BB&T names. However, because Truist is planning to roll over existing BB&T and SunTrust accounts under the Truist name, it's likely that many, if not all, current BB&T and SunTrust offerings will also be offered by Truist. According to the merger timeline, such accounts are slated to be unveiled in late 2021. However, you should check with the bank for the specific terms of the merger.Ĭurrently, Truist doesn't have any proprietary account offerings on its website. Because of the rollover, you won't have to do any extra work as the bank continues its transition. While Truist continues to operate as BB&T and SunTrust until 2022, you can still open accounts with Truist as a BB&T or SunTrust account today. It makes sense, given that Truist is now one of the largest banks in America. Truist plans to rebrand these branches and continue operating them while opening new branches as well. However, there are BB&T and SunTrust locations in the midwest and the south, with branches stretching down into Texas as well. Truist Financial Corporation is headquartered in Charlotte, North Carolina.Ĭurrently, BB&T and SunTrust branches are both concentrated on the East Coast. While the two original bank brands are still operating, they are slated to be consolidated under the Truist name by early 2022. More specifically, BB&T acquired the assets of SunTrust. Truist Bank is the result of a merger between SunTrust Bank and BB&T Bank that took place on December 6, 2019. ![]() Below you can see what Truist's account offerings are likely to look like, given what BB&T and SunTrust currently offer. Remember though, you can't yet open a Truist bank account, as the bank's product offerings are still under the SunTrust and BB&T names. And Truist is shaping up to be a solid banking experience for anyone who is comfortable banking online or who lives in areas where BB&T or SunTrust currently operate. ![]() As of now, those changes are slated to be completed by early 2022.īoth SunTrust and BB&T provide customers with a wide range of banking and lending options. Existing BB&T and SunTrust customers will need to visit separate BB&T and SunTrust branches until the newly formed bank opens Truist locations and begins to officially consolidate its product offerings under the Truist name. In fact, the most outward-facing things about the merger are the recent launch of the Truist mobile app, and the wealth management arm of the company. This means you won't find Truist Bank branches quite yet. While it's been closed upon already, the merger is technically still underway. The merger is slated to take over two full years from the merger date, and the new bank promises to provide a solid suite of services for new customers while continuing to provide most existing BB&T and SunTrust customers with the same suite of services. In late 2019, BB&T Bank and SunTrust bank finalized a merger to create Truist Bank. Truist Bank is new on the banking scene, but it's not starting from scratch.
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