Timeline

Truist launches Small Business Community Heroes initiative to help support small businesses

March 16 Truist, along with other top U.S. banks, make uninsured deposits totaling $30 billion into First Republic Bank to help boost confidence in our country's banking system

Truist announces sale of minority stake in Truist Insurance Holdings (TIH) to Stone Point Capital

Oct. 21 Truist Foundation hosts the inuagural Inspire Awards, a program supporting innovative solutions to challenges facing small businesses

Sept. 15 Truist Assist, AI-enhanced digital virtual assistant, launched

Truist boosts minimum wage to $22, among highest in industry

July 18 Truist launches new accounts with no overdraft fees

June 21 Truist debuts new client-centered Innovation and Technology Center in Charlotte

May 3 Truist acquires mobile savings gamification pioneer Long Game

March 2 Truist issues first social bond to advance environmental, social and governance focus

Jan. 6 Truist becomes an Official Retail Bank of the NFL

2020

September 16

Truist launches Truist Ventures

2020

August 2

SunTrust Robinson Humphrey and BB&T Capital Markets combine to create Truist Securities

2020

May 20

Truist doubles commitment to COVID-19 relief efforts, totaling $50 million

2020

March 17

Truist pledges $25 million to COVID-19 relief measures

2020

March 2

Truist Foundation launched

2020

January 30

World Health Organization declares global health emergency on Jan. 30, U.S. prepares for COVID-19 global pandemic in February

2020

January 14

Truist unveils purpose, mission and values

2020

January 13

Truist reveals signature purple color and new logo

2019

December 10

Truist headquarters building named Truist Center

2019

December 6

Merger of equals completed; company officially becomes Truist

2019

July 30

Shareholders approve merger of equals agreement

2019

July 16

BB&T and SunTrust announce $60 billion Truist Community Benefits Plan

2019

June 12

BB&T and SunTrust announce new name will be Truist and new corporate headquarters will be at 214 N. Tryon St., Charlotte, North Carolina.

2019

February 7

Boards of both SunTrust and BB&T announce unanimous approvals to combine in merger of equals.

2016

February

SunTrust launches onUp Movement during Super Bowl 50 to further its commitment to its purpose of lighting the way to financial well-being.

2012

September

SunTrust declares itself purpose-driven company focused on its purpose of lighting the way to financial well-being.

2009

August 14

BB&T acquires Colonial Bank of Montgomery, Ala.; the FDIC-assisted deal was BB&T largest merger to date

2007-2009

The Great Recession, which includes 2008 financial crisis, begins in U.S. due to subprime mortgage crisis, devastates world financial markets as well as banking and real estate industries

1997

BB&T officially adopts its vision, mission, purpose, philosophy and other guiding principles

1995

May 30

BB&T and Southern National complete merger of equals, approved by both boards of directors in July 1994

1994

BB&T acquires Farr Associates, which eventually becomes the Truist Leadership Institute

1985

United States Supreme Court ruling giving states’ rights to enter into reciprocal interstate banking agreements spurs growth for BB&T and SunTrust

1984

July 2

Trust Company of Georgia and Sun Banks Inc. of Orlando, Fla., merge to form SunTrust.

1952

Trust Company of Georgia becomes first inland bank in Southeast to form an International Department

1939-1945

World War II begins with Nazi invasion of Poland; continues until 1945 when the Allies defeat Nazi Germany and Japan in 1945

1929

Stock market crash send country into The Great Depression; thousands of banks fail

1922

BB&T enters insurance business (and becomes the sixth largest broker in the U.S. and seventh in the world in 2020).

1893

Commercial Travelers’ Savings Bank moves into eight-story equitable in downtown Atlanta, which becomes the South’s first “skyscraper”

1891

Georgia General Assembly grants charter for Commercial Travelers’ Savings Bank in Atlanta, which eventually became SunTrust’s predecessor Trust Company of Georgia.

April 6 Truist and the Braves Development Company announce new national headquarters for Truist Securities inside The Battery Atlanta

1872

Alpheus Branch and Thomas Jefferson Hadley join forces to form Branch and Hadley, the company that ultimately became BB&T.

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