BB&T Wealth

Truist is one of the ten largest commercial banks in the United States, formed through the 2019 merger of BB&T and SunTrust Banks. Its wealth and private banking offering sits within a broad consumer and commercial banking franchise that spans personal checking, mortgage, credit, small business, and institutional treasury services. For family offices evaluating banking relationships, the relevant touchpoints are its Premier Banking tier, treasury and liquidity management, and its commercial sweep products.

On the institutional and commercial side, Truist offers a suite of cash management tools that family offices with operating entities may find useful:

• Credit Line Sweep: automates integration between operating accounts and credit lines to minimize borrowing costs
• Smart Sweep: moves idle funds overnight into higher-yielding FDIC-insured deposits
• Insured Cash Sweep: provides expanded FDIC coverage above the standard $250,000 threshold across multiple institutions
• Working Capital Solutions Credit Line Sweep: integrates accounts receivable and credit lines for tighter liquidity management

Truist Ventures, the bank's corporate venture arm, focuses on fintech investment themes including data intelligence, automation, and embedded finance, but this is not a client-facing product. Their website does not surface a dedicated family office division, a named private wealth team, or minimum asset thresholds for wealth services. Pricing for all products is undisclosed and requires direct contact with a relationship manager. Family offices seeking a primary banking relationship with deep private wealth specialization, bespoke investment management, or dedicated family office infrastructure may find Truist's offering less differentiated than boutique private banks or trust companies built specifically for that segment.

• Commercial banking and deposit account management
• Cash flow and liquidity optimization via automated sweep products
• Mortgage and lending services
• Treasury and cash management for business entities
• Personal banking and credit services

• Credit Line Sweep for automated cash and credit integration
• Smart Sweep for overnight yield on idle funds with FDIC insurance
• Insured Cash Sweep for expanded FDIC coverage above $250,000
• Working Capital Solutions Credit Line Sweep for receivables integration
• Premier Banking tier for higher-net-worth personal clients
• Truist Mobile App for account management and check deposit
• Zelle integration for peer-to-peer payments
• Online mortgage application and progress tracker

Built for Private Wealth Owners / Principals, Finance / Accounting Teams.

Relationship manager, treasury consultant, phone, email, online banking portal