Truist Bank closing dozens of Virginia branches, including 10 in Richmond
February 9, 2021 5
It was predicted in 2019 when banking giants SunTrust and BB&T merged to become Truist Bank that the marriage would lead to large-scale branch overlap and consolidation in many states, particularly several markets in Virginia.
Now, more than a year later, that consolidation has begun in earnest across the commonwealth, including in the Richmond region.
The combined bank recently closed a BB&T branch at 1366 Sycamore Square Drive in Midlothian and a SunTrust branch at 12551 Jefferson Davis Highway.
The pair was among 28 branches Truist closed across Virginia on Dec. 8, according to a notice it filed with the State Corporation Commission.