Subsidy Tracker Parent Company Summary
Parent Company Name:
Truist Financial
Ownership Structure:
publicly traded (ticker symbol TFC)
Headquartered in:
North Carolina
Major Industry:
financial services
Specific Industry:
banking
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $5,054,212 | 10 |
| Federal (grants and allocated tax credits) | $7,239,015 | 12 |
| TOTAL | $12,293,227 | 22 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $47,089,812,076 | 65 |
| TOTAL | $47,089,812,076 | 65 |
Time Period for State and Local Awards:
Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2010.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
AMA HOLDING; BANK OF KENTUCKY; BANKATLANTIC; BB AND T EQ FINANCE; BB&T; CRUMP LIFE INSURANCE SVC; NATIONAL PENN BANCSHARES; SUNTRUST; SUSQUEHANNA BANCSHARES
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| North Carolina | $4,825,230 | 5 |
| Pennsylvania | $186,000 | 2 |
| Florida | $26,388 | 1 |
| Maryland | $13,860 | 1 |
| Maine | $2,734 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| BB&T EFC Energy, LLC | United States | federal | 2012 | $6,472,157 | federal grant | |
| Branch Banking & Trust Company | North Carolina | state | 2009 | $1,812,338 | tax credit/rebate | |
| Branch Banking & Trust Company | North Carolina | state | 2008 | $1,435,500 | tax credit/rebate | |
| Branch Banking & Trust Company | North Carolina | state | 2015 | $566,245 | tax credit/rebate | |
| Branch Banking & Trust Company | North Carolina | state | 2016 | $558,064 | tax credit/rebate | |
| BB&T Corporation | North Carolina | state | 2013 | $453,083 | tax credit/rebate | |
| SunTrust Bank | United States | federal | 2007 | $172,072 | federal grant | |
| SunTrust Bank | United States | federal | 2008 | $155,081 | federal grant | |
| Branch Banking and Trust Co. | United States | federal | 2008 | $108,000 | federal grant | |
| Crump Life Insurance Services, Inc. | Pennsylvania | state | $100,000 | grant | ||
| SunTrust Bank | United States | federal | 2012 | $92,374 | federal grant | |
| Branch Banking and Trust Co. | United States | federal | 2006 | $90,000 | federal grant | |
| Crump Life Insurance Services, Inc. | Pennsylvania | state | $86,000 | tax credit/rebate | ||
| Branch Banking and Trust Co. | United States | federal | 2009 | $72,000 | federal grant | |
| SunTrust Mortgage, Inc | United States | federal | 2009 | $38,106 | federal grant | |
| BankAtlantic | Florida | state | 2012 | $26,388 | training reimbursement | |
| The Bank of Kentucky | United States | federal | 2013 | $15,000 | federal grant | |
| Susquehanna Bancshares, Inc. | Maryland | state | 2004 | $13,860 | training reimbursement | |
| BRANCH BANKING AND TRUST COMPANY | United States | federal | 2018 | $12,225 | federal grant | |
| The Bank of Kentucky | United States | federal | 2009 | $6,000 | federal grant | |
| The Bank of Kentucky | United States | federal | 2006 | $6,000 | federal grant | |
| BB&T EQUIPMENT FINANCE CORPORATION | Maine | state | 2016 | $2,734 | property tax abatement | |
| BRANCH BANKING&TC | United States | federal | 2009 | $6,000,000,000 | federal loan or loan guarantee | |
| SunTrust Banks Inc. | United States | federal | 2008 | $4,850,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $4,000,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $4,000,000,000 | federal loan or loan guarantee | |
| BB&T | United States | federal | 2008 | $3,133,640,000 | federal loan or loan guarantee | |
| SunTrust Bank | United States | federal | 2009 | $3,000,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $2,500,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2008 | $2,000,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $2,000,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2009 | $2,000,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2008 | $1,500,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2008 | $1,000,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2008 | $1,000,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANK | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $1,000,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2009 | $700,000,000 | federal loan or loan guarantee | |
| SUNTRUST BANKS, INC. | United States | federal | 2009 | $576,000,000 | federal loan or loan guarantee | |
| BRANCH BANKING&TC | United States | federal | 2008 | $500,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2010 | $500,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2010 | $400,000,000 | federal loan or loan guarantee | |
| Susquehanna Bancshares | United States | federal | 2008 | $300,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $250,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $250,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $200,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $200,000,000 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $197,583,333 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $197,519,444 | federal loan or loan guarantee | |
| National Penn Bancshares | United States | federal | 2008 | $150,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $150,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $150,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2009 | $140,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2009 | $140,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2008 | $136,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2008 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $100,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2009 | $60,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2008 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2008 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | United States | federal | 2009 | $50,000,000 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $45,105,810 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $44,984,438 | federal loan or loan guarantee | |
| The Bank of Kentucky | United States | federal | 2009 | $34,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2008 | $30,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2008 | $25,000,000 | federal loan or loan guarantee | |
| BANKATLANTIC | United States | federal | 2008 | $25,000,000 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $19,995,883 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $19,994,489 | federal loan or loan guarantee | |
| SUNTRUST BROK DLR | United States | federal | 2008 | $14,988,679 | federal loan or loan guarantee | |
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSUQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSUQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| SUSQUEHANNA BANK | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| BB&T Bank | Maryland | local | 2009 | undisclosed | grant | |
| SunTrust | Maryland | local | 2006 | undisclosed | grant | |
| AMA Holdings, LLC | Ohio | local | 2005 | undisclosed | property tax abatement | |
| AMA Holdings, LLC | Ohio | local | 2007 | undisclosed | property tax abatement |
