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Access to Capital for Entrepreneurs receives $3.75 million grant from Truist Foundation to support expansion into South Georgia

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Largest grant in organization’s history will be used to provide inclusive, affordable and flexible capital for minority-owned small businesses in rural, underserved Georgia communities ATLANTA, Dec. 9, 2022 /PRNewswire/ — Truist Foundation today announced a $3.75 million commitment to launch the Diverse, Equitable and Inclusive Small Business Capital strategy at Access to Capital for Entrepreneurs […]

Read Davis, Renee Keen named to leadership positions with McGriff

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CHARLOTTE, N.C., Sept. 1, 2021 /PRNewswire/ — Truist Insurance Holdings today announced the following two appointments to senior leadership roles at McGriff, its retail insurance business, effective immediately. Read Davis, currently president of McGriff’s Georgia region, will become CEO, McGriff Specialty and Middle Market, while Renee Keen, the business’ National Personal Lines & Small Business practice leader, will assume the position of CEO, […]

Truist commits $1 million to the Henry Louis Aaron Fund to support HBCU students and alumni

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Truist continues to build better lives and communities to advance diversity and inclusion ATLANTA, Aug. 27, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced the Homers for Hank program, a five-year commitment to donate $755 to the Henry Louis Aaron Fund for every home run hit by the Atlanta Braves, totaling a minimum […]

Truist and EVERFI bring no-cost early literacy digital education to teachers, families and communities nationwide

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New program tackles reading losses of youngest learners to address systemic financial and workforce disparities tied to illiteracy CHARLOTTE, N.C. and WASHINGTON, Aug. 24, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) and EVERFI Inc., the leading Impact-as-a-Service™ education innovator, today announced all elementary students nationwide will soon have access to WORD Force Universe, a […]

Grameen America receives a $1.5 million grant from Truist Foundation to empower Black women entrepreneurs

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NEW YORK (Aug. 17, 2021) – Grameen America, a nonprofit community development financial institution helping low-income women entrepreneurs build small businesses, announced today it has received a $1.5 million grant from Truist Foundation to strengthen its current program model to empower Black women entrepreneurs. “Seed funding from Truist Foundation will play a transformative role in […]

Truist announces leadership transitions

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CEO Kelly King to become executive chairman of the board of directors President and COO Bill Rogers to become chief executive officer Leadership team named effective Sept. 1 CHARLOTTE, N.C., Aug. 17, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer […]

Truist names Fadie Itayem corporate treasurer

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Itayem succeeds Donna Goodrich effective Sept. 3, 2021 CHARLOTTE, N.C., Aug. 11, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced Fadie “Freddy” Itayem, 38, has been named corporate treasurer, effective Sept. 3, 2021. Itayem will report to Chief Financial Officer Daryl Bible and will be responsible for all Truist corporate treasury activities, including […]

Truist expands point-of-sale platform with acquisition of leading home improvement lender Service Finance Company, LLC

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CHARLOTTE, N.C., Aug. 10, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced that its wholly owned bank subsidiary, Truist Bank, has signed a definitive agreement to acquire Service Finance Company, LLC (Service Finance), a leading national provider of point-of-sale (POS) financing solutions for the home improvement industry, for $2 billion. The acquisition of Service Finance expands Truist’s […]

Truist answers the call for Financial Literacy for All

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More than 48,000 teammates have received over $21.5 million through Truist Momentum to help build better lives and plan for the future CHARLOTTE, N.C., Aug. 6, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) announced today that the company’s teammates have received more than $21.5 million since 2014 through Truist Momentum—a program designed to help employees plan for the future […]

Truist highlights ESG and diversity, equity, and inclusion progress in 2020 CSR and ESG Report

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Truist’s second annual Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) report shares advancements in DEI, environmental sustainability and climate change, governance, community involvement and financial inclusion CHARLOTTE, N.C., July 29, 2021 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today released its 2020 CSR and ESG Report, highlighting the company’s meaningful progress on […]

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