Ga. U.S. Attorney: Truist Bank Pays Over $9 Million to Resolve Allegations Concerning SunTrust Bank's Administration of Trust Accounts
October 22, 2024
October 22, 2024
ATLANTA, Georgia, Oct. 22 -- The office of the U.S. Attorney for the Northern District of Georgia issued the following news release:
Truist Bank (Truist), based in Charlotte, North Carolina, has agreed to pay the United States $9,125,000 to resolve claims under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). These claims relate to the administration of certain trust accounts by SunTrust Bank (SunTrust) from December 2011 through December 2015. SunT . . .
Truist Bank (Truist), based in Charlotte, North Carolina, has agreed to pay the United States $9,125,000 to resolve claims under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). These claims relate to the administration of certain trust accounts by SunTrust Bank (SunTrust) from December 2011 through December 2015. SunT . . .