Is SunTrust and Wells Fargo the same bank?

While Wells Fargo is one of America’s largest banks with over 5,400 locations and 13,000 ATMs.

SunTrust Bank vs Wells Fargo.
SunTrust BankWells Fargo
SunTrust BankWells Fargo
Locations
1400 bank branches across 11 southeastern states and Washington D.C.Approximately 5,400 retail banking branches coast to coast.
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Is SunTrust and BB&T the same bank?

GREENSBORO, N.C. — SunTrust and BB&T have merged to become Truist bank. On Feb. 19, the merger was set to go through. Customers were told to activate their new debit and credit cards on the 21st, which was Monday, a federal holiday.

Can SunTrust customers use BB&T branches?

After February, BB&T and SunTrust customers will be able to visit any Truist branch.

What banks has SunTrust bought?

BB&T, headquartered in Winston-Salem, North Carolina, officially merged in late 2019 with SunTrust to form Truist, whose sign is now atop the 300 Summers St. tower.

What is SunTrust Bank called now?

Truist
About SunTrust Bank, Now Truist

On Dec. 9, 2019, Winston-Salem, North Carolina-based BB&T (Branch Banking and Trust Company) and Atlanta-based SunTrust completed a merger of equals to become Truist Bank, the sixth largest U.S. bank based on assets, according to FDIC data.

Is SunTrust Bank now Truist?

On February 20, 2022, your SunTrust account will become a new Truist account, and any treasury services you use will transition to Truist treasury services. For treasury services, service descriptions and certain pricing will be modified.

What banks have BB&T bought out?

The new Truist bank brand, the name taken by the recently merged BB&T Corp. and SunTrust Banks Inc., went up Friday on a downtown Baltimore office tower and will spread in coming months to branches across the Baltimore region.

What states have BB&T Banks?

Truist Financial
TypePublic
Number of locations2,781 branches
Area servedNorth Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama, Indiana, Texas, New Jersey, Ohio, Pennsylvania, Washington, D.C.

Is SunTrust Bank a real bank?

SunTrust Bank, which merged with fellow regional bank BB&T to create a new bank known as Truist in 2019, is now positioned as the seventh-largest bank in the United States, with $396 billion in deposits and $297 billion in loans.

Who is SunTrust Bank owned by?

was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018.

SunTrust Banks.
TypeSubsidiary
Key peopleWilliam H. Rogers Jr. Chairman and CEO
ProductsFinancial services
RevenueUS$9.0 billion (2018)
Net incomeUS$2.77 billion (2018)

Who did SunTrust Bank merge with?

BB&T
The Details of the Merger

The merger between BB&T and Sun Trust bank is being called a merger of equals. The merger will create a combined entity which is likely to have a net worth of $66 billion. The combined entity will hold over $400 billion in assets.

Who owns SunTrust Bank now?

BB&T Corp.
BB&T Corp. is buying SunTrust Banks Inc., a $66 billion merger that will create the nation’s sixth-largest bank. The banks called it a merger of equals, but BB&T (NYSE: BB&T) will buy SunTrust (NYSE: STI) for $28.24 billion in an all-stock deal.

When did BB&T merge with SunTrust?

NEW HANOVER PA – Although a merger between BB&T and SunTrust banks occurred in late 2019, and locally affected only a limited number of BB&T branches, area residents were unlikely to have noticed any difference.

Can BB&T customers use SunTrust ATM?

BB&T customers can use SunTrust ATM machines without paying a fee. Should they access ATMs outside the BB&T network during the outage, the fee for both banks will be refunded. However, BB&T customers cannot conduct any other transactions through SunTrust branches.

Where is BB&T main headquarters?

Is SunTrust and BB&T merger complete?

The $66 billion merger of SunTrust and BB&T that gave Charlotte its second bank headquarters in 2019 is finally coming to a close. After two years, the bank is finally switching all the signs to its new name on its branches, ATMs, credit cards and website.

Why is SunTrust now Truist?

Truist came about through a partnership with consultant Interbrand. The companies said picking the name was the result of a “rigorous, data-driven brand development process,” including focus groups of company employees and clients. The name is intended to give the bank a single, fresh identity.

Does Truist use Zelle?

You’ll access Zelle through Pay & Transfer in your online banking with Truist. How is Zelle changing for BB&T now Truist clients? Your ability to send and receive money with Zelle is the same. And you’ll access Zelle through Transfer & Pay in your online banking with Truist.

Does BB&T use Zelle?

Beginning this week, and continuing on a rolling basis over the next 12 months, Zelle® will become available in the mobile banking apps of more than 30 participating financial institutions, including (listed alphabetically); Ally Bank, Bank of America, Bank of Hawaii, Bank of the West, BB&T, BECU, Capital One, Citi, …

Is SunTrust still SunTrust?

As you are aware, SunTrust Bank (“SunTrust”) merged with Branch Banking and Trust Company, a North Carolina banking corporation (“BB&T”) and the combined bank is now known as Truist Bank (“Truist”).

How do I speak to a human at SunTrust?

If you have a SunTrust account specific request or question and have access to online banking, please log-on to Online Banking and send us a secure message, or call us at 1-800-SUNTRUST to speak with a customer service representative.

Is Wells Fargo a good bank?

Wells Fargo is an excellent bank for those looking for both local branch access and digital banking services. The bank’s interest rates on most of its accounts leave a lot to be desired compared to the best online banks, but they are comparable to other national banks.