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News Stories (20 Results) - Truist Bank

Truist Financial announced it received the highest overall rating of "Outstanding" from the Federal Deposit Insurance Corporation for its most recent Community Reinvestment Act examination period, from 2020-2022. The CRA encourages banks to help meet... Read Story
December 12, 2024, 06:52 AM


Truist Financial Corporation announced Steve Hagerman will be its new Chief Information Officer. Hagerman will join Truist on Oct. 28, reporting to Chairman & CEO Bill Rogers. Based at Truist headquarters in Charlotte, NC, Hagerman will lead the... Read Story
August 09, 2024, 07:15 AM


Amur Equipment Finance, Inc. (Amur) announced the completion of its 14th term securitization, in which it issued $476.25 million in notes secured by equipment loans and leases originated through its platform. The transaction, the largest in company... Read Story
August 01, 2024, 07:24 AM


Sheffield Financial, a division of Truist, and Kawasaki Motors Corp., U.S.A. (Kawasaki), are excited to announce the extension of their long-term retail financing partnership. Since its inception in 2009, this partnership has empowered Kawasaki... Read Story
April 08, 2024, 07:10 AM


SLR Equipment Finance announced the closing of a new $350 million credit facility with Bank of America, N.A. and Truist Bank to support the growth of its equipment finance business over the next several years. SLR Equipment Finance specializes in... Read Story
March 06, 2024, 07:20 AM


Truist Financial Corporation announced continued progress in the company's transformation journey with the creation of a chief operating officer position, the naming of a new chief consumer & small business banking officer and the hiring of a new... Read Story
November 15, 2023, 07:22 AM


Capteris LLC announced the closing of a new $350 million credit facility to support the growth of its equipment finance business. The lenders partnering with Capteris include Truist Bank as administrative agent and Bank of America, N.A.  Capteris... Read Story
September 08, 2023, 07:23 AM


Channel announced the company has entered into a new credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations, and reflects the scale and capacity growth that Channel... Read Story
April 25, 2023, 07:23 AM


Ethan Markel has been named Director - Originations with Truist Equipment Finance where he will be responsible for Commercial Banking clients primarily in the Carolinas market. Markel joins Truist with over 10 years of financial services experience... Read Story
September 01, 2022, 07:25 AM


Truist Financial Corporation announced that Dominica Groom Williams will join the company as head of diversity, equity and inclusion (DEI), effective today.Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity... Read Story
July 27, 2022, 07:02 AM


Truist Equipment Finance (TEF) announced Frank Goveaszzo has joined the TEF team as Director, Capital Markets. Goveaszzo will focus on originating and developing new wholesale funding relationships and will be based in Atlanta, GA.Goveaszzo brings... Read Story
June 30, 2022, 07:23 AM


Encina Equipment Finance, LLC (EEF) announced the closing of a new non-recourse secured revolving loan facility with initial lending commitments from three lenders totaling $450 million. The new facility provides EEF with additional committed... Read Story
April 28, 2022, 07:22 AM


Truist Financial Corporation announced Howard Whyte has joined the company as Chief Information Security Officer (CISO). Whyte is an industry veteran with more than 20 years' experience as an executive leader of information technology and security in... Read Story
January 14, 2022, 07:08 AM


Sheffield Financial, a division of Truist Bank, and American Honda Motor Co. Inc. (Honda) agreed to renew a multiyear financing services program agreement. Honda Power Equipment, a business unit of American Honda Motor Co. Inc., markets outdoor power... Read Story
December 01, 2021, 07:10 AM


Sheffield Financial, a division of Truist Bank, and Tohatsu America Corporation, agreed to a multiyear financing services program agreement. Tohatsu offers a full line of four-stroke outboard motors ranging from 2.5 horsepower to 250 horsepower.The... Read Story
October 20, 2021, 07:14 AM


Sheffield Financial, a division of Truist Bank, and Suzuki Marine USA LLC recently agreed to a financing services program agreement. Suzuki Marine offers a wide array of outboard motors, including the industry's largest all-four-stroke lineup.The... Read Story
September 29, 2021, 07:07 AM


Truist Bank is combining its Banking Operations and Corporate & Institutional Group (CIG) Operations and launching a global services capability to create a new center of excellence (CoE) – Enterprise Operations and Global Services – under the Digital... Read Story
August 23, 2021, 07:20 AM


Truist Financial Corporation announced its new executive leadership structure, effective Sept. 1. President and Chief Operating Officer William H. Rogers Jr. will succeed Kelly S. King as chief executive officer on Sept. 12, 2021, as previously... Read Story
August 18, 2021, 07:33 AM


ECN Capital Corp. announced it has entered into a definitive agreement with Truist Bank, the wholly owned bank subsidiary of Truist Financial Corporation, to sell all of the issued and outstanding equity interests in each of Service Finance Company... Read Story
August 11, 2021, 07:11 AM


Sheffield Financial, a division of Truist Bank, and Kawasaki Motors Corp., U.S.A. (Kawasaki), agreed to a multiyear financing services program agreement.Since 2009, Sheffield has provided Kawasaki customers with innovative financing solutions through... Read Story
March 22, 2021, 07:05 AM