About Truist Bank
Truist Bank was formed from the historic merger of BB&T and SunTrust Banks in 2019. Headquartered in Charlotte, NC, Truist holds $564+ Billion in assets and operates extensive branch networks across the American Sunbelt and Southeast, delivering retail deposit accounts, commercial lending, and insurance products.
Financial Scale and Asset Performance
According to recent FDIC call report data, Truist Bank holds $564,837 Million in total consolidated assets, ranking it #6 out of more than 2,000 insured commercial banking institutions in the United States. Of its total holdings, $564,772 Million represent domestic U.S. deposits and investments, representing approximately 100% of its total balance sheet.
Branch Network & Regulatory Oversight
The bank currently maintains a domestic network of 2,006 retail banking centers across the United States. Under its SNM charter classification, Truist Bank is subject to primary supervisory examination by the Federal Deposit Insurance Corporation (FDIC) alongside FDIC insurance coverage for eligible deposit accounts up to $250,000 per depositor.
Key Profile Summary: Truist Bank
- Official Legal Name: TRUIST BK/TRUIST FC
- National Asset Rank: #6
- Parent Holding Co: TRUIST FC
- Primary Regulator: Federal Deposit Insurance Corporation (FDIC)
- Official Website: https://www.truist.com