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Stock impact report

Truist receives 'Outstanding' Community Reinvestment Act rating

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: PR Newswire
CHARLOTTE, N.C., Dec. 11, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced it received the highest possible 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 the credit needs of communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations."Receiving an 'Outstanding' CRA rating is a testament to the exceptional expertise and care Truist teammates provide to help meet the unique needs of all the communities we serve through lending, investments and services—including during an especially challenging time as we responded to the COVID-19 pandemic to care for our clients and teammates," said Truist Chief CRA and Community Development Officer Anthony Weekly. "This recognition embodies our purpose to inspire and build better lives and co Show less Read more
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