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BB&T, SunTrust form $60B Truist Bank Community Benefits Plan

BB&T Corporation and SunTrust Banks Inc. announced Wednesday a Truist Bank Community Benefits Plan under which the combined company will lend or invest $60 billion to low- and moderate-income (LMI) borrowers and in LMI communities over a three-year period from 2020 to 2022 in Maryland, the District of Columbia and 15 other states. The support provided through the Truist Community ...

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