Truist Bank
FDIC #9846
📍 Charlotte, North Carolina
Truist Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1872. With assets of $535.00 Billion, it operates 1931 domestic branches.
Customer Reviews
2.9 ★
Based on 16 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: January 1, 2025
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
January 1, 2025
Outstanding
June 1, 2021
Outstanding
May 1, 2018
Outstanding
💰 Financial Strength
Total Assets$535.00 Billion
Total Deposits$411.70 Billion
Equity Capital$61.61 Billion
Net Income$4.29 Billion
📈 Performance
ROA1.04%
ROE9.31%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1872
FDIC Cert9846
Holding CoTruist Financial Corp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
📜 Institutional History
2019
Merger / Acquisition
Acquired: Suntrust Bank
2020
Relocation
Moved HQ to: 214 N Tryon St, Charlotte, NC 28202.
2020
Name Change
Name became: Changed Institution Name To Truist Bank.
2016
Merger / Acquisition
Acquired: National Penn Bank
2015
Merger / Acquisition
Acquired: Semper Trust Company