SunTrust Bank is a bank holding company based in America. It’s a subsidiary of Truist Corporation and the sixth largest bank in the U.S. based on deposits and assets. By September 2016, the bank had 1,400 branches and 2,160 ATMs across Alabama, Florida, Maryland, North Carolina, Tennessee, West Virginia, Arkansas, Georgia, Mississippi, South Carolina, Virginia and Washington D.C.
What time does SunTrust Bank open?
| Monday | 09:00 AM – 05:00 PM |
| Tuesday | 09:00 AM – 05:00 PM |
| Wednesday | 09:00 AM – 05:00 PM |
| Thursday | 09:00 AM – 05:00 PM |
| Friday | 09:00 AM – 06:00 PM |
| Saturday | 09:00 AM – 12:00 PM |
Is SunTrust Bank open today? Is SunTrust Bank open tomorrow?
Is SunTrust Bank open on Sunday? No, it’s closed.
SunTrust Bank closing time
What time does SunTrust Bank close? Usually, it closes at 05:00 PM.
History
SunTrust Bank was formed in 1985 through a merger between Sun Bank and Trust Company of Georgia. The merged company was based in Atlanta and continued to run under the name Sun Bank in Florida and Trust Company Bank in Georgia.
The first major deal was struck about a year later when the merged company acquired Third National Corporation of Nashville. It continued to operate under the name Third National in Tennessee.
There were three names in operations back then in different locations. However, Sun Bank, Third National and Trust Company Bank were all retired and rebranded to SunTrust in 1995. SunTrust expanded in 1998 to the District of Columbia, Virginia and Maryland after purchasing Crestar Financial Corporation of Richmond, Virginia.
The company was included in the S&P Stock Price Index in 1988. In 2001, it created SunTrust Robinson-Humphrey after buying all institutional businesses owned by Robinson-Humphrey Company, LLC. This was after pursuing Robinson-Humphrey for more than 80 years with the desire to acquire it.
In 2004, SunTrust bought the National Commerce Financial Corporation (NCF) for $7 billion. It operated under the name National Bank of Commerce in Tennessee, Arkansas, Georgia, West Virginia, South Carolina, Mississippi, Alabama, and Virginia. It also operated as Central Carolina Bank and Trust in North Carolina.
In 2013, SunTrust led a group of banks that included Florida Community Bank and Fifth Third Bank in acquiring BEL USA, the parent company to DiscountMugs. The bank announced the launch of a specialty group in Medicine the next year that would be part of independent medical practices.
In early 2019, BB&T announced that it would purchase SunTrust. This would make it the sixth largest bank in America with a market capitalization of about $66 billion and assets worth $442 billion. The merger took place in December, 2019.
The newly merged company continues to operate under SunTrust and BB&T names until both systems are fully integrated. Once everything is settled, it will be based in Charlotte and will have a new name – Truist Financial Corporation.
SunTrust Bank Holiday Hours – Open
| Date | Holiday |
|---|---|
| February 14 | Valentine’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| October 31 | Halloween |
| November 29 | Black Friday |
| December 24 | Christmas Eve |
SunTrust Bank Holiday Hours – Closed
| Date | Holiday |
|---|---|
| December 25 | Christmas Day |
| September 02 | Labor Day |
| October 14 | Columbus Day |
| February 18 | President’s Day |
| May 27 | Memorial Day |
| July 04 | Independence Day |
| January 21 | Martin Luther King Jr. Day |
| November 11 | Veterans Day |
| November 28 | Thanksgiving Day |
| January 01 | New Year’s Day |
SunTrust Bank near me
SunTrust Bank store locator
Business Directions
The main services offered by SunTrust Bank include lending, deposits, investment, trust, and credit card services. It also provides capital market services, wealth management, mortgage banking and corporate and investment banking through its subsidiaries.
Key Facts
SunTrust had a long relationship with The Coca-Cola Company that started back in 1904. By 2006, the former owned 3.58% share in Coke. Over the years, executives from either companies would sit on each other’s boards. SunTrust sold all its shares in Coke to the Federal Reserve in 2012.
Conclusion
SunTrust is now known as Truist Financial Corporation. With more than 275 years of combined SunTrust and BB&T history, it remains one of the largest banks in America. It currently serves more than 10 million households and continues to grow exponentially.
