Directions To Truist Bank Near Me (2024)

FAQs

Which bank is Truist? ›

Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.

Truist Bank: Truist will cash any Truist checks. There's no fee if the value of the check is less than $50. If it's greater than $50, you'll pay $8.

What Happened To BB&T Bank? In December 2019, BB&T and SunTrust Bank merged and now operate under the name, Truist Bank. Truist slowly upgraded branches and services over a two-year integration period. Now, all products, services and locations are branded as Truist.

Yes! Truist Bank is an FDIC member. This means your money is FDIC insured up to the amount allowable by law.

The Better Business Bureau rates businesses on how they respond to customer issues, advertise, and handle transparency. Trust Bank received an A+ rating from the BBB. Truist hasn't been involved in any recent public scandals.

While you can deposit checks over $10,000 at any bank or ATM, cashing this requires the bank to report it to the Internal Revenue Service (IRS), a rule for all cash transactions over $10,000. If you need a substantial check, you may also want to consider cashier's checks that the bank guarantees.

There is no federal law or regulation that requires banks to cash checks for non-customers. Most banks have policies that allow check cashing services only for account holders. If a bank agrees to cash a check for a non-customer, it may legally charge a fee.

Truist Checking Bonus: Earn a $400 Bonus

Earn a $400 bonus when you open a new Truist One Checking account using promo code TRUIST400DC24 by October 30, 2024, receive at least one qualifying direct deposit of $500 or more and complete at least 15 qualifying debit card purchases within 90 days of account opening..

Is Truist Bank safe from collapse? ›

Truist Bank was rated as "stable" by S&P, Moody's, Fitch, and DBRS Morningstar, meaning it's likely safe from collapse.

Truist Bank is also a member of the FDIC, which insures up to $250,000 per account type, per depositor.

$0 monthly maintenance fee if you: Have any related ¹ Truist personal checking account OR. Maintain a minimum daily ledger balance of $300 ^2, or more OR. Schedule a preauthorized internal transfer of $25 or more per statement cycle OR.

The trend for all ratings is Stable. The Intrinsic Assessment (IA) for the Bank is AA, while its Support Assessment remains SA1. The Company's Support Assessment is SA3 and its Long-Term Issuer Rating is positioned one notch below the Bank's IA.

Four years after a merger of two mighty banks, Truist is still working to gain its edge. BB&T got very big when it decided to merge with SunTrust to create the nation's sixth-largest bank in February 2019. The verdict is out on whether the combined Truist Financial got better.

On October 10, 2021, your BB&T account will become a new Truist account, and your treasury services will transition to Truist treasury services.

We're a top 10 U.S. commercial bank, headquartered in Charlotte, North Carolina. We're excited to be your bank and help you accomplish whatever you're after.

A regional bank with national bank qualities

Truist Financial (TFC -0.86%) is technically a regional bank, in the sense that it primarily operates in the Southeast and Mid-Atlantic regions of the United States.