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Truist bank plans to close more branches in the Charlotte region, as well as elsewhere in North Carolina, as the bank grapples with $750 million in companywide cuts, including layoffs.
Branches of Wells Fargo, Citibank, Bank of America, and Truist, among others, will be closed on Feb. 19, the companies told USA TODAY.
A list of banks closed on Presidents Day. The following banks will be closed on Monday, Feb. 19: Bank of America. Chase. Citibank. Capital One. PNC Bank. Santander Bank. Truist.
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. [1] [8] [9] Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset ...
In February 2019, SunTrust Banks announced its pending purchase by BB&T for $28 billion in an all-stock deal, creating the sixth largest U.S. lender, being the biggest bank deal since the 2007-2008 financial crisis. [6] On December 6, 2019, the merger between BB&T and SunTrust closed, forming Truist Financial Corporation. [7]
This is a partial list of major banking company mergers in the United States.
Almost all banks observe certain holidays. See if your bank is closed on major federal holidays by referring to this full list of bank holidays.
Are banks open on Memorial Day? Find out if your financial institution is staying open or closed this year, plus get the list of the remaining bank holidays.