SunTrust News

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Federal Reserve Approves BB&T and SunTrust Banks Merger

Nov 19 2019 // The Federal Reserve Board on Tuesday approved the application by BB&T Corp. of Winston-Salem, North Carolina, to merge with SunTrust Banks, Inc. of Atlanta, Georgia.The merged entity will be called Truist Financial...

Business Moves

Jul 1 2019 // Paquin Insurance Agency, OceanPoint Insurance AgencyPaquin Insurance Agency has joined OceanPoint Insurance Agency’s organization in Rhode Island. Paquin Agency Principal Rick Paquin has accepted a position as vice...

BB&T, SunTrust to Rebrand as Truist; North Carolina Headquarters Announced

Jun 14 2019 // BB&T Corporation and SunTrust Banks, Inc., will rebrand as Truist after the two companies combine through their planned merger, announced earlier this year.According to the companies, Truist will be the sixth-largest...

SunTrust and BB&T Banks to Merge

Feb 7 2019 // SunTrust Banks and BB&T Corp. announced that both companies’ boards of directors have unanimously agreed to merge the two financial services firms in an all-stock merger of equals valued at approximately $66...

Florida’s Brightway Establishes $20M Financing Agreement With SunTrust Bank

Aug 18 2015 // The Jacksonville, Florida-based Brightway Insurance said it received $20 million in bank financing through SunTrust Bank to help fund its national expansion. Brightway is a national property/casualty insurance agency...