BB&T, SunTrust Bank Complete Merger

Last month, BB&T and SunTrust completed their long-anticipated merger, uniting two of the Southeast’s largest banking outfits into one, known as Truist Financial Corporation.

In a note last month to BB&T and SunTrust’s supplier networks regarding the merger, Truist encouraged all clients who may be affected by the deal to contact with any inquiries they may have.

Truist noted that their joint supplier network, now referred to as Truist Sourcing and Supply Management, will “collaborate with our business partners to progressively evaluate and optimize our supplier portfolio. Documents and invoices may continue to reflect the BB&T or SunTrust logos, with invoicing practices continuing ‘as is’ until further communication.”

Download Bulletin PDF