Invest:Insights by Capital Analytics
Business:Investing
During challenging times Truist Cares is uniting communities through its philanthropic support
Sep 9, 2020
Truist, an American bank holding company, created Truist Cares to provide philanthropic support to its communities by distributing funds to nonprofit organizations. Tony Coley, Regional President South Florida of Truist is incredibly proud of these initiatives that not only had one round of $25 million for non-profits but another round of $25 million for small businesses. The portal that was created to process the payment protection program loans has become something the bank will continually use moving forward in terms of online technology and e-signatures. Truist remains capable and confident moving forward despite its three main South Floridan clients, tourism, hospitality and professional services, being hit the hardest.
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