TFC Profile
Truist Financial Corporation, headquartered in Charlotte, North Carolina, is a prominent holding company that offers a comprehensive range of banking and trust services across the Southeastern and Mid-Atlantic regions of the United States. Established in 1872 and formerly known as BB&T Corporation until its rebranding in December 2019, Truist operates through three key segments: Consumer Banking and Wealth, Corporate and Commercial Banking, and Insurance Holdings.
The company's extensive portfolio includes a variety of deposit products such as noninterest-bearing and interest-bearing checking accounts, savings accounts, money market deposits, certificates of deposit, and individual retirement accounts (IRAs). Truist also provides a broad spectrum of financial services, including asset management, automobile and bankcard lending, consumer finance, home equity and mortgage lending, and comprehensive insurance solutions covering property and casualty, life, health, and professional liability.
Truist Financial Corporation is also a leader in wealth management and private banking services, offering investment brokerage, mobile and online banking platforms, payment and lease financing, and small business lending. The company further supports corporate clients with institutional trust services, capital market solutions, international banking, commercial finance, and a robust suite of treasury management services. With over 2,500 banking offices as of December 31, 2021, Truist remains dedicated to enhancing financial well-being and fostering economic growth in the communities it serves through innovative and client-focused financial solutions.
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