Overview of Truist Bank

Truist Bank was established in 1872 and is the product of the merger between two banks, BB&T and SunTrust, in December 2019. Following the merger the bank was rebranded under the name Truist Bank and the conversion of SunTrust customers was completed on February 2022. As detailed further below the bank continues to use the BB&T bank website. Truist Bank’s main office is located in the city of Charlotte in North Carolina. Following the merger Truist Bank is now one of the largest banks in the country and currently has total assets of $531.0 billion, total net loans outstanding to customers of $287.0 billion and total customer deposits of $439.2 billion. In addition, the FDIC estimates that 56% of the bank’s domestic deposits are insured. The bank currently has a total employee base of 47,929 people. Truist Bank is among the list of banks that use Zelle; its customer base can transfer funds quickly and for free using the Zelle Network.

Other Information for Truist Bank

  • Truist Bank Routing Number: 057000668
  • Main Office Address: 214 N Tryon St, Charlotte, NC 28202
  • Website: www.bbt.com
  • Total Number of Branches: 2,522
  • Total Number of International Branches: None
  • Number of Employees: 47,929
  • FDIC Certificate Number: 9846
  • FDIC Community Bank: No
  • FDIC Field Office: Charlotte
  • Independent or Subsidiary Bank: Independent
  • Federal Reserve ID Number: 852320
  • Bank Charter Class: NM
  • Primary Regulator: FDIC

Truist Bank Financial Metrics (as of March 2022):

  • Total Assets: $531.0 billion (increase of 4.9% vs. prior year)
  • Net Loans: $287.0 billion (decrease of 0.3% vs. prior year)
  • Total Deposits: $439.2 billion (increase of 7.1% vs. prior year)
  • Return on Equity: 8.2%
  • Return on Assets: 0.97%