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 // East Paquin Insurance Agency, OceanPoint Insurance Agency Paquin Insurance Agency has joined OceanPoint Insurance Agency’s organization in Rhode Island. Paquin Agency Principal Rick Paquin has accepted a position as...

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...