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CHARLOTTE, N.C., Sept. 21, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) announced an increase in its prime lending rate to 6.25 percent from 5.50 percent, effective tomorrow, September 22, 2022.
About Truist Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $545 billion as of June 30, 2022. Truist Bank, Member FDIC. Learn more at Truist.com.
bb&t and suntrust formed truist with a shared purpose—to inspire and build better lives and communities. with our combined resources, collective passion, and commitment to innovation, we’re creating a better financial experience to help people and businesses achieve more.with 275 years of combined bb&t and suntrust history, truist serves approximately 12 million households with leading market share in many high growth markets in the country. the company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. headquartered in charlotte, north carolina, truist is the sixth-largest commercial bank in the u.s. truist bank, member fdic. learn more at truist.com and see social media terms and conditions at truist.com/socialterms.
View original content:https://www.prnewswire.com/news-releases/truist-increases-prime-rate-to-6-25-percent-301630308.html