BB&T
U.S. bank merged with SunTrust Banks to form Truist Financial / From Wikipedia, the free encyclopedia
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta-based SunTrust Banks to form Truist Financial, which retains BB&T's stock price history and operates under BB&T's charter.
Quick Facts Company type, Industry ...
Company type | Subsidiary |
---|---|
Industry | Banking |
Founded | 1872; 152 years ago (1872) |
Founders | Alpheus Branch Thomas Jefferson Hadley[1] |
Defunct | December 6, 2019; 4 years ago (2019-12-06) (as an independent corporation) February 18, 2022; 2 years ago (2022-02-18) (as a brand) |
Fate | Merged with SunTrust to form Truist |
Successor | Truist Financial |
Headquarters | BB&T Financial Center Winston-Salem, North Carolina, U.S. |
Number of locations | 2,781 branches[2] |
Key people | Kelly King Chairman and CEO |
Products | Commercial and Consumer banking Investment banking Insurance Mortgage |
Website | Archived official website at the Wayback Machine (archive index) |
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