Truist Financial Corp

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Profile

Beacon Financial Corporation operates as the bank holding company for Beacon Bank & Trust that provides various banking services in the United States and internationally. The company accepts commercial, municipal, and retail deposits. It originates mortgage loans on commercial and residential real estate, as well as commercial loans and leases. It is also involved in investment in debt and equity securities; and offers cash management, trust, and investment advisory services. In addition, the company provides specialty equipment financing and SBA lending, and online and mobile banking services, as well as wealth management services to individuals, families, endowments, and foundations. Beacon Financial Corporation was founded in 1846 and is headquartered in Boston, Massachusetts.

Related entities

Subsidiaries (23)

1 2

BB&T Securities, LLC

Grandbridge Real Estate Capital LLC

Magnolia Gardens Housing of Charlotte LLC

Sterling Capital Management LLC

Sunrise Boat Marina, Inc.

Truist Bank

Truist Securities, Inc.

Bonanza Trading, LLC

Bronco Trading, LLC

CAFO INC.

Hoback Trading, LLC

Kingfisher Trading, LLC

Madison River Trading, LLC

Rapid River Trading, LLC

Roaring Fork Trading, LLC

Savage Trading, LLC

South Platte Trading, LLC

Tahoe Trading, LLC

Tellico River Trading, LLC

Truckee II Trading, LLC

Key people

Michael Maguire

Chief Financial Officer, Senior Executive Vice President · since 2022

Brad Bender

Senior Executive Vice President, Chief Risk Officer · since 2024

Kristin Lesher

Senior Executive Vice President, Chief Wholesale Banking Officer · since 2024

Scott Stengel

Senior Executive Vice President, Chief Legal Officer, and Head of Government Affairs · since 2023

Donta Wilson

Senior Executive Vice President, Chief Consumer and Small Business Banking Officer · since 2023

Thomas Skains

Lead Independent Director · since 2022

William Rogers

Chairman of the Board, Chief Executive Officer · since 2022

Jennifer Banner

Independent Director · since 2003

K. David Boyer

Independent Director · since 2009

Dallas Clement