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BB&T and SunTrust Pick a New Name for Combined Bank: Truist

A customer uses an ATM at a SunTrust Banks Inc. branch in St. Petersburg, Florida.

A customer uses an ATM at a SunTrust Banks Inc. branch in St. Petersburg, Florida.

Photographer: Eve Edelheit/Bloomberg
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Chase, Bank of America, Wells Fargo ... Truist.

That’s the name that will join the ranks of the biggest U.S. banks. BB&T Corp. and SunTrust Banks Inc. chose Truist as their name after the two companies complete their planned $28 billion merger, according to a statement Wednesday. If the combination is approved by regulators, Truist would become the sixth-largest U.S. commercial bank, serving more than 10 million households.