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.
February 7
Boards of both SunTrust and BB&T announce unanimous approvals to combine in merger of equals.
February
SunTrust launches onUp Movement during Super Bowl 50 to further its commitment to its purpose of lighting the way to financial well-being.
September
SunTrust declares itself purpose-driven company focused on its purpose of lighting the way to financial well-being.
August 14
BB&T acquires Colonial Bank of Montgomery, Ala.; the FDIC-assisted deal was BB&T largest merger to date
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
BB&T officially adopts its vision, mission, purpose, philosophy and other guiding principles
May 30
BB&T and Southern National complete merger of equals, approved by both boards of directors in July 1994
BB&T acquires Farr Associates, which eventually becomes the Truist Leadership Institute
United States Supreme Court ruling giving states’ rights to enter into reciprocal interstate banking agreements spurs growth for BB&T and SunTrust