# Truist

> Truist Financial Corporation is a Charlotte-based, top-10 U.S. commercial bank created by the 2019 merger of BB&T and SunTrust. It serves about 15 million clients through consumer and small-business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, mortgages, and specialized lending, combining a large branch footprint in fast-growing U.S. markets with a broad digital platform.

- **Founded:** 2019
- **Headquarters:** Charlotte, United States
- **Team size:** Approximately 38,000 employees
- **Products:** Truist One Banking, LightStream, Small Business Banking, Truist Merchant Engage, Commercial and Corporate Banking
- **Notable:** Formed one of the largest U.S. bank mergers of the post-financial-crisis era when BB&T and SunTrust combined in 2019., Operates as a top-10 U.S. commercial bank, reporting $556 billion in total assets at June 30, 2026., Serves approximately 15 million clients across 17 states and Washington, D.C.

## Products & services

- **Truist One Banking** — Consumer checking and savings anchored by no overdraft-related fees, a qualifying balance buffer, mobile banking and relationship-based benefits.
- **LightStream** — A national digital unsecured consumer-lending business offering personal loans for home improvement, vehicles, debt consolidation and other uses.
- **Small Business Banking** — Deposit accounts, lending, cards, cash-flow tools, payments and relationship advice for small businesses; Truist says it serves about 1.2 million small-business clients.
- **Truist Merchant Engage** — A Pollinate-powered merchant-services platform that joins payment acceptance, real-time dashboards, onboarding and business-banking insights.
- **Commercial and Corporate Banking** — Lending, treasury and payments, asset finance, commercial real estate, risk management and tailored industry advice for companies and institutions.
- **Truist Securities** — Investment banking, capital markets, strategic advisory, corporate banking and securities services for corporate and institutional clients.
- **Truist Wealth** — Private banking, financial planning, trust, brokerage, investment management and family-office-style services, with an upgraded InvestCloud-powered digital experience.
- **Mortgages, credit cards and specialized lending** — Home lending, cards, auto and recreational lending, point-of-sale finance and other credit products for consumers and businesses.
- **Open Banking** — API-based account connectivity through Mastercard and Plaid that lets eligible clients share financial data with approved apps without handing over bank credentials.

## Achievements

- Formed one of the largest U.S. bank mergers of the post-financial-crisis era when BB&T and SunTrust combined in 2019.
- Operates as a top-10 U.S. commercial bank, reporting $556 billion in total assets at June 30, 2026.
- Serves approximately 15 million clients across 17 states and Washington, D.C.
- Truist Small Business Online and Mobile Banking earned the No. 1 overall ranking from Barlow Research in 2026.
- Completed the sale of Truist Insurance Holdings in 2024 at an implied enterprise value of $15.5 billion, strengthening capital and refocusing the company on core banking.
- Became the first U.S. bank to launch Pollinate's integrated merchant-services platform in the U.S. through Truist Merchant Engage.

## Latest updates

- **2026-07** — Reported second-quarter results and $556 billion in total assets as of June 30, 2026.
- **2026-07** — Truist Small Business Online and Mobile Banking ranked No. 1 overall in Barlow Research's 2026 assessment.
- **2026-06** — Joined a bank-led initiative operated by The Clearing House to explore on-chain clearing and settlement of tokenized commercial-bank money.
- **2026-03** — Expanded open-banking capabilities through a data-access agreement with Plaid.
- **2026-02** — Launched its first open-banking integration with Mastercard's open-finance technology.
- **2025-12** — Added Atomic-powered direct-deposit switching to digital account opening and rolled out an InvestCloud-powered Truist Wealth experience.
- **2025-08** — Announced a multiyear plan for 100 new branches and the renovation of more than 300 locations in growth markets.

## Links

- Website: https://www.truist.com
- LinkedIn: https://www.linkedin.com/company/truistfinancialcorporation
- Twitter/X: https://x.com/Truist
- YouTube: https://www.youtube.com/channel/UC10Dmvy2Ih93O8hCg_UYN6w
- Instagram: https://www.instagram.com/truist
- Facebook: https://www.facebook.com/truist
- TikTok: https://www.tiktok.com/@truist

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Published by YesPress — https://yespress.io
Last updated: 2026-08-11