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SunTrust Bank

SunTrust Bank

SunTrust was an investment bank in Georgia. In December 2019, the bank merged with BB&T to form Truist Finanacial Corportaton.

SunTrust Bank was an investment bank in Georgia. It was founded in 1891 in Atlanta, Georgia, United States. The bank was a statutory Delaware business trust formed by SunTrust for the sole purpose of issuing the preferred securities and investing in the debentures. Its portfolio companies include DrFirst, Finxact, Jam City, WaterBridge Resources, Fundation, Terressentia, Greenlight Financial Technology, BlueVine, Annapurna Pictures, and Related Group.

On Dec. 6 2019 the merger of equals between BB&T Corporation and SunTrust Banks, Inc. was completed forming Truist Financial Corporation.

Timeline

August 21, 2022
BB&T and SunTrust complete merger of equals to become Truist.

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