Truist Bank: Difference between revisions

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[[Image:Bbt logo.jpg|right]]
[[Image:Bbt logo.jpg|right]]
'''BB&T Corporation''' is the 8th-largest bank in the United States with 1,850 branches in 13 states, and is based in Winston-Salem, North Carolina.  It has 22 branches in [[Birmingham]], holding $1.2 billion in local deposits, and a total of 87 across [[Alabama]].
'''Truist Bank''', organized as the '''Truist Financial Corporation''' (NYSE: '''TFC'''), is the 9th-largest bank in the United States with $514 billion in assets and 2,781 branches in 15 states and Washington, D.C. It is headquartered in Charlotte, North Carolina.


BB&T (which stands for "Branch Banking and Trust") entered the [[Birmingham District]] with a de novo branch at 2204 [[Lakeshore Parkway]] in [[Homewood]].  On [[August 15]], [[2009]], it was announced that the deposits and loan accounts of [[Colonial Bank]] were being transferred to BB&T as part of Colonial's receivership by the FDIC. This acquisition added over 340 branches in Alabama, Florida, Georgia, Nevada and Texas along with approximately $26 billion in assets. This moved BB&T Corporation to the 8th largest commercial bank in the United States based on deposits.
It was founded in [[2019]] as a result of the merger of Winston-Salem's [[BB&T]] and Atlanta, Georgia's SunTrust


One year after entering Alabama via the Colonial acquisition, BB&T reported that deposits had risen 10 percent.
BB&T (which stands for "Branch Banking and Trust") entered the [[Birmingham District]] with a de novo branch at 2204 [[Lakeshore Parkway]] in [[Homewood]]. On [[August 15]], [[2009]], it was announced that the deposits and loan accounts of [[Colonial Bank]] were being transferred to BB&T as part of Colonial's receivership by the FDIC. This acquisition added over 340 branches in Alabama, Florida, Georgia, Nevada and Texas along with approximately $26 billion in assets. At the time of the merger, BB&T was the nation's 8th largest bank. It operated 87 branches in [[Alabama]], with 22 of them in the [[Birmingham area]], holding $1.2 billion in local deposits.


In [[2019]] BB&T merged with Atlanta, Georgia-based SunTrust Banks to from Truist Financial Corporation, and established a new corporate headquarters in Charlotte, North Carolina.


==Birmingham locations==
==Birmingham locations==
BB&T has 26 offices in the metropolitan Birmingham area:
Truist Bank has 23 offices in the metropolitan Birmingham area:


* 820 [[19th Street South]], [[Medical Center]]
* [[Truist Bank Shades Valley M Branch]], [[Truist Place]], 2501 [[20th Place South]], [[Homewood]]
* 1900 [[29th Avenue South Homewood|29th Avenue South]], [[Homewood]]
* [[Truist Bank Homewood Branch]], 1900 [[29th Avenue South]], [[Homewood]]
* 1596 [[Montgomery Highway (Hoover)|Montgomery Highway]], [[Hoover]]
* [[Truist Bank Irondale Branch]], 1500 [[Montclair Road]], [[Crestline neighborhood|Crestline]]
* 1034 [[Montgomery Highway (Vestavia Hills)|Montgomery Highway]], [[Shoppes at City Hall|Vestavia Plaza Shopping Center]]
* [[Truist Bank Vestavia Branch]], 1034 [[Montgomery Highway (Vestavia Hills)|Montgomery Highway]], [[Shoppes at City Hall]], [[Vestavia Hills]]
* 1500 [[Montclair Road]], [[Eastwood]]
* [[Truist Bank Forestdale Branch]], 1602 [[Forestdale Plaza]], [[Forestdale]]
* 1602 [[Forestdale Plaza]], [[Forestdale]]
* [[Truist Bank Gardendale Branch]], 1325 [[Decatur Highway]], [[Gardendale]]
* 27 [[Park Road (Pleasant Grove)|Park Road]], [[Pleasant Grove]]
* [[Truist Bank Meadowbrook Branch]], 2705 [[Meadowbrook Road]], [[Inverness]]
* 2705 [[Meadowbrook Road]], [[Inverness]]
* [[Truist Bank Highway 150 Branch]], 2750 [[John Hawkins Parkway]], [[Hoover]]
* 629 [[Red Lane Road]], [[Roebuck]]
* [[Truist Bank Bessemer Branch]], 200 [[18th Street North Bessemer|18th Street North]], [[Bessemer]]
* 2750 [[John Hawkins Parkway]], [[Hoover]]
* [[Truist Bank Trussville Branch]], 285 [[Calumet Parkway]], [[Trussville]]
* 200 [[18th Street North Bessemer|18th Street North]], [[Bessemer]]
* [[Truist Bank Pelham Branch]], 2998 [[Pelham Parkway]], [[Pelham]]  
* 1325 [[Decatur Highway]], [[Gardendale]]
* [[Truist Bank Moody Branch]], 2821 [[Moody Parkway]], [[Moody]]
* 2998 [[Pelham Parkway]], [[Pelham]]
* [[Truist Bank Springville Branch]], 5836 [[U.S. Highway 11]], [[Springville]]
* 5580 [[Chalkville Mountain Road]], [[Grayson Valley]]
* [[Truist Bank Pell City Branch]], 2203 [[1st Avenue North Pell City|1st Avenue North]], [[Pell City]]
* 2821 [[Moody Parkway]], [[Moody]]
* [[Truist Bank Jasper Main Branch]], 3901 [[U.S. Highway 78]] East, [[Jasper]]
* 14487 [[U. S. Highway 411]], [[Odenville]]
* [[Truist Bank Oneonta Branch]], 415 2nd Avenue East, [[Oneonta]]
* 5836 [[U. S. Highway 11]], [[Springville]]
* [[Truist Bank Jemison Branch]], 24634 [[U.S. Highway 31]], [[Jemison]]
* 2203 1st Avenue North, [[Pell City]]
* [[Truist Bank Tuscaloosa Main Branch]], 3610 [[McFarland Boulevard]], [[Tuscaloosa]]
* 3901 [[U. S. Highway 78]] East, [[Jasper]]
* [[Truist Bank Clanton Branch]], 501 2nd Avenue North, [[Clanton]]
* 2002 2nd Avenue, [[Jasper]]
* [[Truist Bank Alexandria Branch]], 6630 [[U.S. Highway 431]], [[Alexandria]]
* 415 2nd Avenue East, [[Oneonta]]
* [[Truist Bank Oxford Branch]], 404 Hamric Drive, [[Oxford]]
* 255 5th Street, [[Ashville]]
* [[Truist Bank Anniston Branch]], 1111 Quintard Avenue, [[Anniston]]
* [[Truist Bank Alexander City Branch]], 2055 Cherokee Road, [[Alexander City]]


==References==
==References==
* Jarvis, Crystal (August 14, 2009) "It's official: Colonial BancGroup fails." {{BBJ}}
* "[http://en.wikipedia.org/w/index.php?title=BB%26T BB&T]" (December 7, 2009) ''Wikipedia'' - accessed December 19, 2009
* Hubbard, Russell (August 21, 2010) "BB&T says Alabama deposits up one year after Colonial debacle." {{BN}}
* Marcinek, Laura and Danielle Kucera (February 6, 2011) "BB&T targets takeovers in Texas, Midwest." ''Bloomberg News''
* Little, Jane (February 7, 2019) "BB&T merging with SunTrust, establishing HQ in Charlotte." ''Triad Business Journal''
* Little, Jane (February 7, 2019) "BB&T merging with SunTrust, establishing HQ in Charlotte." ''Triad Business Journal''


==External links==
==External links==
* [http://www.bbt.com/ BBT.com] website
* [https://www.truist.com/ Truist Bank] website


[[Category:Banks]]
[[Category: Banks]]
[[Category: 2019 establishments]]

Latest revision as of 12:49, 18 May 2024

Bbt logo.jpg

Truist Bank, organized as the Truist Financial Corporation (NYSE: TFC), is the 9th-largest bank in the United States with $514 billion in assets and 2,781 branches in 15 states and Washington, D.C. It is headquartered in Charlotte, North Carolina.

It was founded in 2019 as a result of the merger of Winston-Salem's BB&T and Atlanta, Georgia's SunTrust

BB&T (which stands for "Branch Banking and Trust") entered the Birmingham District with a de novo branch at 2204 Lakeshore Parkway in Homewood. On August 15, 2009, it was announced that the deposits and loan accounts of Colonial Bank were being transferred to BB&T as part of Colonial's receivership by the FDIC. This acquisition added over 340 branches in Alabama, Florida, Georgia, Nevada and Texas along with approximately $26 billion in assets. At the time of the merger, BB&T was the nation's 8th largest bank. It operated 87 branches in Alabama, with 22 of them in the Birmingham area, holding $1.2 billion in local deposits.


Birmingham locations

Truist Bank has 23 offices in the metropolitan Birmingham area:

References

  • Little, Jane (February 7, 2019) "BB&T merging with SunTrust, establishing HQ in Charlotte." Triad Business Journal

External links