Business Details
7 Years
experience
Emergency
services
Your Trusted Partner for Financial Services Solutions
Colonial Bank is a purpose-driven financial services company formed by the historic merger of BB&T and SunTrust in 2019. As a top 10 U.S. commercial bank, we serve clients across high-growth markets with a comprehensive range of financial solutions, including retail banking, commercial real estate, small business and commercial banking, corporate and institutional banking, specialized lending, asset management, wealth management, capital markets, and mortgage services. Our mission is to inspire and build better lives and communities through real care, empowering teammates, and lifting up communities.With a culture rooted in leadership training and collaboration, we are committed to making a positive impact in the communities where we live and work. Our executive leadership team, composed of diverse and seasoned professionals, drives innovation and excellence while maintaining a focus on client needs and ethical standards. Colonial Banks unique approach combines the strength of a national institution with the personalized care of a community partner.
Services
Checking Accounts
Savings Accounts
Credit Cards
Personal Loans
Mortgages
Wealth Management
Business Banking
Investment Services
Home Equity Loans
Digital Banking
Details
- Year established: 2019
Highlights and features
- We offer 24/7 customer support for urgent banking needs.
- Our services span retail, commercial, and wealth management sectors.
- We prioritize community development and financial education initiatives.
- Our digital banking platform provides real-time security and control tools.
- We combine national resources with personalized, local service approaches.
Associations and certifications
- FDIC
Services
Colonial Bank One Checking
A no-overdraft-fee checking account with automatic upgrades and practical perks. Designed for everyday financial needs, it offers built-in extras like the Balance Buffer for overdraft protection up to $100. Clients benefit from seamless integration with digital banking tools for enhanced financial control.
Business Money Market Account
High-yield savings solution for small businesses with tiered interest rates and promotional APYs. Available in select regions with special rates up to 4.25% APY for qualifying balances. Provides liquidity while maximizing returns on business capital.
LightStream Unsecured Loans
Low fixed-rate personal loans for debt consolidation, home improvements, or major expenses. No fees with competitive rates starting at 7.50% APR for qualified borrowers. Funds available quickly for urgent financial needs.
Mortgage Services
Comprehensive mortgage solutions including purchase, refinance, and specialized programs like FHA, VA, and doctor loans. Offers competitive rates with personalized guidance through the homebuying process.
Wealth Management
Tailored financial planning and investment advisory services for individuals and institutions. Combines strategic portfolio management with retirement planning and estate optimization strategies.
Questions
How do I open a Truist One Checking account?
Open online with a $50 minimum deposit and complete two qualifying direct deposits totaling $2,000 within 120 days.
What mortgage programs do you offer?
We provide FHA, VA, conventional, construction-to-permanent, and specialized physician loans with competitive rates.
How can I report fraudulent activity?
Call 844-487-8478 immediately and select option 1 for 24/7 fraud reporting assistance.
Do you offer business banking services?
Yes, including business checking, merchant services, and commercial lending solutions tailored to small and mid-sized businesses.
What digital banking features are available?
Mobile check deposit, Zelle transfers, card controls, real-time alerts, and budgeting tools through our mobile app.
Can I get a personal loan with bad credit?
Credit requirements vary, but we offer secured loan options for clients building credit history.