Editors Note: In December 2019, BB&T and SunTrust completed a merger of equals to become Truist Bank, headquartered in Charlotte, North Carolina. GWFS is an affiliate of Empower Retirement, LLC; Great-West Funds, Inc.; and registered investment advisers, Advised Assets Group, LLC and Personal Capital. The transaction is expected to close during the first quarter of 2021. You might be using an unsupported or outdated browser. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Dr. Anas F. Alhajji is a Managing Partner of Energy Outlook Advisors and was previously the Chief Economist at NGP Energy Capital Management. 5. Youth Advantage Savings. The acquisition increases Empowers participant base to more than 12 million and retirement services recordkeeping assets to approximately $884 billion administered in approximately 67,000 workplace savings plans.2. They are open every day of the week including weekends. CFPB additional resources for homeowners seeking payment assistance in 7 additional languages: Spanish, Traditional Chinese, Vietnamese, Korean, Tagalog, and Arabic. Suntrust Bank is a leading bank in the United States with more than 2,000 branches and service locations. Investing and Retirement | Wealth | Truist We offer a wide variety of products and services to our customers, and we always try to be customer-centric. The SunTrust Bank knows this about you and about all of its other customers and is more than willing to accommodate you in every way possible. message, contactez-nous l'adresse The acquisition increases Empowers participant base to more than 12 million and retirement services recordkeeping assets to approximately $884 billion administered in approximately 67,000 workplace savings plans. Truist offers eligible teammates a generous range of time off programsfrom paid holidays, to vacation, new parent time off, leaves of absence, and more. SunTrust Bank offers two primary savings accounts: Essential Savings and Youth Advantage Savings. Your financial situation is unique and the products and services we review may not be right for your circumstances. Editorial Note: We earn a commission from partner links on Forbes Advisor. If you continue to see this Current BB&T clients products are also transitioning to Truist. Our Retirement Solutions Group consists of licensed, experienced professionals who can assist participants with the following: How asset consolidation may simplify their overall savings strategy and provide a more accurate retirement income projection. Truist Investment Services, Inc. (TIS) Disclosures, Truist Advisory Services (TAS) Disclosures, Check the background of this firm on FINRA's BrokerCheck, Check the background of this firms investment professionals on FINRA's BrokerCheck. Your IP: You can learn more about the standards we follow in producing accurate, unbiased content in our, 10 Checking Accounts That the Ultrarich Use, The Complete Guide to Money Market Deposit Accounts. "When led by our shared purpose to inspire and build better lives and communities, we create meaningful change for our clients, teammates, and stakeholdersand it all starts with youour dedicated teammates. Empower announced they will provide defined contribution benefits to more than 4,600 Brenntag employees totaling approximately $688 million in assets. pour nous faire part du problme. Despite the merger, however, SunTrust and BB&T have retained their own branding and products. The Advantage CD has a $1,000 minimum deposit and is only available in a one-year term. Are Not FDIC or any other Government Agency Insured, Multilingual teammates available at our Multicultural Banking Centers. Develops strategic, tactical and portfolio construction guidance. They are a good bank to work with. Stephen Gawlik, Stephen.Gawlik@empower-retirement.com, 617-417-4408, Monica Mendoza, Monica.Mendoza@empower-retirement.com, 719-373-2460. While 800-321-1997 is SunTrust Bank's best toll-free number, there are 5 total ways to get in touch with them. Credit Cards vs. Debit Cards: Whats the Difference? No matter where you are on your wealth journey, well be there to help navigate the changes in your lifeand in the world at large. On Dec. 9, 2019, Winston-Salem, North Carolina-based BB&T (Branch Banking and Trust Company) and Atlanta-based SunTrust completed a merger of equals to become Truist Bank, the sixth largest U.S. bank based on assets, according to FDIC data. Regular monitoring to track progress toward your goals. You do not want delays or lack of professionalism or courtesy. Operators are available to take your call seven days of the week between the hours of 7 AM to 6 PM. At this point, its not yet clear what that will look like in terms of products, services or interest rates. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Nearing retirement The closer you are to retirement, the more important it is to regularly revisit your plan. For assistance in other languages please speak to a representative directly. LightStream | Loans for Practically Anything AUA is a non-GAAP measure and does not reflect the financial stability or strength of a company. SunTrust offers an array of banking products with unusual perks to customers in 10 southeastern states and the District of Columbia. Delivers ongoing monitoring and analysis of economic and market conditions. Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Our customer service is our main focus, so we offer you a variety of services to help you with your banking needs. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs. FAQ 2020 SunTrust Banks, Inc. SunTrust is a federally registered trademark of SunTrust Banks, Inc. SunTrust also offers the following products in addition to those listed above: SunTrusts customer service line is available for automated service 24 hours a day at 1-800-786-8787, and the website offers a full menu of service options to help any banking customers needing assistance at any time of the day or night. Mortgages - SunTrust The transaction is expected to close during the first quarter of 2021. Using the ATM or branch locator Alieto Guadagni has a doctorate in economics from the University of Chile. Heres What Ive LearntPart 1. Past performance is not indicative of future results. Contact Us & Customer Service Numbers | Truist Our highly skilled advisorsbacked by a team of investment and banking specialistsare committed to working toward your goals. It should reflect your success to date and your dreams for the future. 17 15. Only then can we translate your aspirations into effective strategies and solutions. para informarnos de que tienes problemas. For more information please visit empower-retirement.com and connect with us on Facebook, Twitter, LinkedIn and Instagram. Monica Mendoza, Monica.Mendoza@empower-retirement.com, 719-373-2460. Empower offers an integrated financial technology toolset, a commitment to customer service and an advisor-centric offering that have been the hallmarks of the companys highly successful retirement plan solutions. They also have extended terms of up to 84 months, which is uncommon in comparison to other auto loan companies. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. This account also includes person-to-person electronic payment through Zelle. Home | Southern Trust Insurance www.consumerfinance.gov/coronavirus/mortgage-and-housing-assistance/help-for-homeowners/, Limit the use of my sensitive personal information. Truist and its representatives do not provide tax or legal advice. Viewing your online bank statement The mobile banking options also make it easy for SunTrust customers to bank on the go, including using digital payment apps and text-banking. Youth Advantage Savings is available in two variations: Youth Advantage Savings accounts carry no monthly fee until the child reaches the age of 18. Empower currently provides recordkeeping services for Truist through its private-label retirement plan unit, Empower Institutional. SunTrust and BB&T Merger: What You Need to Know - US News & World Report I am writing to ask if you could please listen to my needs and see what they are. questo messaggio, invia un'email all'indirizzo If not, be sure to check our website for information on how to get started with Suntrust Bank. Si vous continuez voir ce Headquartered in metro Denver, Empower Retirement administers. Thank you for your understanding. Does Japans Democracy Have Room for Women and Children? SunTrust mainly has branches in the Southeast, but its merger with BB&T to form Truist may expand its footprint. The transaction is expected to close during the first quarter of 2021. Commissions do not affect our editors' opinions or evaluations. Current savings account interest rates arent available online. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. SunTrust offers two CDs. The World Needs A New Trade Pact: Robert Zoellick et al. Kevin lives in Cleveland, Ohio with his wife and four kids. When investing your capital is at risk. The Advantage CD also offers higher interest rates if you set up a recurring monthly automatic transfer of at least $50. Your Pension Resources Dr. Anas F. Alhajji is a leading expert on the energy markets, and has published over 900 papers, articles, and columns. The terms of the transaction were not disclosed. Information refers to the business of Great-West Life & Annuity Insurance Company and its subsidiaries, including Great-West Life & Annuity Insurance Company of New York and GWFS Equities, Inc. GWLAs consolidated total assets under administration (AUA) were $709.9B. Empower provides retirement services, managed accounts, financial wellness and investment solutions to plans of all types and sizes. Trust and investment management services are provided by Truist Bank, and Truist Delaware Trust Company. Or get 24-hour automated assistance. President of World Bank Group, Islamic Development Bank, African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank respectively. Stephen Gawlik, Stephen.Gawlik . Information provided on Forbes Advisor is for educational purposes only. To speak with a representative, please contact us between 8:30 a.m. and 7 p.m. We also have a team of support people who will help you with everything from buying a product to using our online banking. Your individual retirement and investment accounts. Phone Talk to someone Monday through Friday, 8am to 8pm ET, Saturday, 8am to 5pm ET, closed Sunday. Select which type of account you would like to sign up or register for. I am writing to let you know about a great company that I have affiliating with. 2. For more competitive rates, turn to the best online banks. 190.137.106.68 Please help us protect Glassdoor by verifying that you're a These statements are not guarantees of future performance as actual results may differ depending on the development and completion of this business combination. I would highly recommend them to others. SunTrust Careers and Employment | Indeed.com Truist Benefits It may be a particularly good fit for those who: SunTrust has a wide array of banking products for its customers. Monica Mendoza, Monica.Mendoza@empower-retirement.com, 719-373-2460. it had completed the acquisition of Personal Capital, a. registered investment adviser and wealth manager. SunTrust has been headquartered in Atlanta, but is moving to Charlotte, North Carolina, under the merger. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Truist. Kitayamas partnership will include engagement and social opportunities with Empower clients and partners across the country. Truist Financial Corporation, Component ID : "accordionGridLayout-1469913366". However, when we called customer service on May 20, 2020, to determine the CD rates (as they are not all listed online), Investopedia was not provided with rates for all terms. Amar Bhide is a Visiting Professor at Harvard Business School, currently teaching Lessons from Transformational Medical Advances. Learn more Time off LightStream customers share these characteristics: The transfer of the heritage SunTrust retirement business is the latest chapter in Empowers expansion through acquisitions. View your employer retirement plans including 401(k) and 403(b) plans. Between late 2021 and early 2022, both banks will transition to the single Truist brand. Their hours of operation are 6 AM to midnight eastern standard time (EST). Headquartered in metro Denver, Empower Retirement administers approximately $710 billion in assets for more than 9.4 million retirement plan participants as of Sept. 30, 2020.3 It is the nations second-largest retirement plan recordkeeper by total participants.1 Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans; small, midsize and large corporate 401(k) clients; non-profit 403 (b) entities; private-label recordkeeping clients; and IRA customers. The Consumer Financial Protection Bureau (CFPB) offers help in more than 180 languages, call 855-411-2372 from 8 a.m. to 8 p.m. Besides calling, the next favorite option for . This material is for informational purposes only and is not intended to provide investment, legal, or tax recommendations or advice. Your employer retirement plans including 401(k) and 403(b) plans. All SunTrust Bank accounts are FDIC insured up to $250,000 per depositor, for each account ownership category, in the event of a bank failure. Please note that we are not authorised to provide any investment advice. Heres what you need to know about SunTrust to decide if its the right bank for you. WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Online Banking, PC Banking, Bill Pay & Mobile Banking. A deposit of at least $100 is required to open this account. All Rights Reserved. The Forbes Advisor editorial team is independent and objective. How To Find The Cheapest Travel Insurance, SunTrusts Personal Certificates of Deposit, Best Savings Accounts For Automated Saving, Best Savings Accounts For Digital Banking, Best Savings Accounts For Customer Experience, Fintech Trends Likely To Stick Around After The Pandemic, How To Protect Your Online Banking Information, Fintech Tools To Help You Master Money Mindfulness, Make 10 or more client-initiated transactions per statement, Receive $500 or more in total qualifying direct deposits, Maintain a $500 minimum daily collected balance, Open the account as a student, for which youll receive a waiver for five years, Receive $3,000 in total monthly qualifying direct deposits, Maintain $10,000 total combined balances between linked deposit and investment accounts, Have a linked SunTrust small business checking account, lending account or credit card, Monthly maintenance fees are relatively easy to get waived. verdade. 1. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. SunTrust Bank, Now Truist, Review - Forbes Advisor Always remember to Logout to ensure the confidentiality of your account. Truist Securities is a trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. RO1465738-1220, Stephen Gawlik, Stephen.Gawlik@empower-retirement.com, 617-417-4408 Aiutaci a proteggere Glassdoor dimostrando che sei una persona reale. Our Truist Teammate Handbook is a reflection of our commitment to better. Truist is headquartered in Charlotte, North Carolina. 2 Estimated joint assets under administration of Empower Retirement and MassMutual. CDs require a $2,000 minimum deposit to open. CDs can be a good way to maximize savings if you dont need immediate access and are able to set aside funds for a specific period, but SunTrusts CD rates are fairly low, especially compared to the best CD rates. SunTrust makes it very easy to open an account online. Power National Banking Study, Wish to bank with a large and well-established institution, Reside in Alabama, Arkansas, Florida, Georgia, Maryland, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia, or the District of Columbia, Would like to receive cash back from their debit and credit card purchases and cash bonuses for putting that cash back into their SunTrust deposit accounts, Need a seamless integration with digital payment apps, Make 10 or more transactions per statement cycle, Keep a $500 minimum daily balance aggregated across all your deposit accounts, Open your Essential Checking account as a student and receive a five-year student waiver of the monthly maintenance fee, By making direct deposits totaling $3,000 or more each month, By maintaining $10,000 total combined relationship balances across all of your SunTrust deposit or investment accounts, By holding a linked SunTrust Small Business Checking account, Lending account, or credit card.