Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina.

[13] Two years later, Branch, his father-in-law Gen. Joshua Barnes, Hadley, and three other men secured a charter from the North Carolina General Assembly to operate the Wilson Banking and Trust Company.

The 1903 Branch Banking and Trust Company Building at Wilson was listed on the National Register of Historic Places in 1978.

Even though banks across the United States failed as a result of the 1929 Stock Market Crash, BB&T survived; it was the only one to do so in the town of Wilson.

Mclean did not simply view himself as a banker, he wanted to build companies that had a good return on their investment, created jobs, and benefited the communities they operated within.

Southern National had not intended to sell the business but NCNB made a good offer, and the bank could use the money for its South Carolina purchases.

The company's North Carolina banking operations began moving to Winston-Salem, though Orr and the corporate headquarters stayed in Lumberton.

[49] In late 2008, the bank accepted $3.1 billion in bailout money through the sale of preferred shares to the U.S. Treasury's Troubled Asset Relief Program.

[50] Also in June 2009, its chairman, John A. Allison IV delivered a keynote address to a meeting of the Competitive Enterprise Institute, where he claimed to show how government regulation caused the financial crisis of 2007–2008.

In 1990 Henry William and Wade Reece, a BB&T branch manager, met to discuss how to make the business profitable again.

[78] In the June 2015 acquisition of Bank of Kentucky part of the deal was also American Coastal Insurance which increased BB&T's ownership in AMRisc.

In February 2024, Truist Financial agreed to divest the insurance business to an investor group led by Clayton, Dubilier & Rice and Stone Point Capital.

[84][85][6] On September 21, 1891 what subsequently became the Trust Company of Georgia was started by John M. Green, Joel Hurt, H. L. Atwater, W. A. Hansell, T. J. Hightower, J. G. Oglesby, J. D. Turner, John B. Daniel, Joseph Hirsch, Leon Lieberman, Louis Wellhouse, A. J. McBride, D. O. Dougherty, W. A. Gregg, W. W. Draper, A. C. Hook, W. T. Ashford, George W. Brooke, C. I. Branan, and C. D.

[89] Martin was at the helm when Robinson-Humphrey commissioned the building of the bold Atlanta Financial Center in city's tony Buckhead business district in the early 1980s.

While BB&T would be the nominal survivor, the merged bank would be headquartered in Charlotte, North Carolina, retaining significant operations in Winston-Salem.

[9] This name resulted from research that included hiring Interbrand, seeking opinions of employees of both banks, and focus groups.

[100] Due to delays related to the COVID-19 pandemic, Truist announced in April 2021 that core conversion to combine the branches will be performed in early 2022.

On December 11, 2019, Truist officially exercised its option to purchase Hearst Tower in downtown Charlotte from Cousins Properties.

[104] Truist unveiled its logo in January 2020, with two Ts representing touch and technology, and a shade of purple combining the blue of SunTrust and the burgundy of BB&T.

Truist intended to close 800 branches by the first quarter of 2022, and office consolidation would reduce space by 4.8 million square feet.

[4] On September 5, 2021, former SunTrust Banks' CEO Bill Rogers became chief executive officer of Truist Financial Corporation.

The memo stated that "we must consider our own past and acknowledge the role our heritage companies played over 100 years ago to perpetuate the atrocity of slavery and the repression of enslaved people, leading to systemic disadvantages their descendants have endured for generations...We deeply regret and denounce these shameful aspects of our history, both known and unknown."

According to the book Genealogy of American Finance, BB&T was formally established in 1872 nearly a decade after slavery was abolished in the US, but the company's roots can be traced to 1805.

We're in an industry that is consolidating, and we have a really good track record, I really think diversification is attractive, and we're already the most diversified insurance broker, so I want to continue to build on that.

[115] On March 3, 2022, Truist Insurance Holdings completed the acquisition of Kensington Vanguard National Land Services (KV).

[116] On May 3, 2022, Truist announced it has acquired Long Game, a 12 person fintech startup that has a gamified finance mobile app.

[119] On August 10, 2022, Truist Insurance Holdings announced the purchase of BenefitMall, the nation's largest benefits wholesale agency.

The company's 20 employees will be joining Truist's Enterprise Data Office and the team will be based in Raleigh, North Carolina.

Mike Maguire, company CFO, stated this about the deal “Strategically, BankDirect effectively doubles our premium finance business, broadens our capabilities to include life insurance and expands our West Coast presence.

… We estimate Truist Insurance Holdings will be the number two premium finance player in the market after this deal closes later this quarter”.