News Releases

Truist decreases prime rate to 7.75%

CHARLOTTE, N.C., (November 7, 2024) – Truist Financial Corporation (NYSE: TFC) announced a decrease in its prime lending rate to 7.75% from 8.00%, effective tomorrow, November 8, 2024.

About Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $523 billion as of Sep. 30, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.

 

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For further information: Investors: Brad Milsaps, investors@truist.com; Media: Shelley Miller, media@truist.com

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