BB&T Corp. and SunTrust Banks Inc. have completed their merger of equals to officially become Truist Financial Corp., according to tweets posted on both BB&T and SunTrust's accounts.
The new entity, which is headquartered in Charlotte, N.C., will trade at the New York Stock Exchange with the ticker symbol TFC.
Both BB&T and SunTrust said no merger-related changes will take place to deposit accounts or routing numbers for most of their clients as the merger parties work for a smooth transition.
Clients were advised to keep banking as usual, and that their BB&T or SunTrust Debit or ATM cards can already be used at either ATMs to make withdrawals with no ATM fees.
The deal received regulatory approvals in November.