Truist Financial Corporation

Truist Financial Corporation a holding company provides banking and trust services in the Southeastern and MidAtlantic United States The company operates through three segments Consumer Banking and Wealth Corporate and Commercial Banking and Insurance Holdings Its deposit products include noninterestbearing checking interestbearing checking savings and money market deposit accounts as well as certificates of deposit and individual retirement accounts The company also provides funding asset management automobile lending bankcard lending consumer finance home equity and mortgage lending insurance such as property and casualty life health employee benefits workers compensation and professional liability surety coverage title and other insurance products investment brokerage mobileonline banking and payment lease financing small business lending and wealth managementprivate banking services In addition it offers association capital market institutional trust insurance premium and commercial finance international banking leasing merchant commercial deposit and treasury government finance commercial middle market lending small business and student lending floor plan and commercial mortgage lending mortgage warehouse lending private equity investment real estate lending and supply chain financing services Further the company provides corporate and investment banking retail and wholesale brokerage securities underwriting and investment advisory services As of December 31 2021 the company operated through 2517 banking offices The company was formerly known as BBT Corporation and changed its name to Truist Financial Corporation in December 2019 Truist Financial Corporation was founded in 1872 and is headquartered in Charlotte North Carolina