Trade TrustCo Bank
SunTrust Banks, Inc. is a U.S. bank holding company with SunTrust Bank as its largest subsidiary with assets valued at $199 billion as of March 31, 2018. The bank's most direct parent company was founded in 1891 in Atlanta, where it was headquartered. As of September 2016, Sun Trust bank ran 1,400 bank branches and 2,160 ATMs in 11 Southeast And Washington states .C. Through its subsidiaries, the company provided corporate and investment banking, capital market services, mortgage banking, and wealth management - with nearly 24,000 employees. In 2013, ordered to pay $1.5 billion to "settle poor mortgage claims, mortgage service and practices" and reached an initial settlement of $968 million with the U.S. government on 2014.In February 2019, SunTrust Banks announced its anticipated purchase by BB&T for $28 billion in an all-stock deal, creating the sixth largest U.S. lender, the largest banking deal since the 2007-2008 financial crisis. On December 6, 2019, the BB&T merger with SunTrust was closed, forming Troist Financial. The two banks continue to operate separately, with the merger of the two operating systems.