Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Current Parent Company Summary

Current Parent Company Name: Truist Financial
Ownership Structure: publicly traded (ticker symbol TFC)
Headquartered in: North Carolina
Major Industry: financial services
Specific Industry: banking
Penalty total since 2000: $1,720,178,907
Number of records: 55
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
consumer-protection-related offenses$883,712,11212
government-contracting-related offenses$501,000,0002
financial offenses$303,370,09029
employment-related offenses$32,074,70511
miscellaneous offenses$22,0001
Top 5 Primary Offense TypesPenalty TotalNumber of Records
consumer protection violation$563,626,1128
False Claims Act and related$501,000,0002
mortgage abuses$320,050,0003
banking violation$182,541,5225
toxic securities abuses$65,000,0001
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.

Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.

Individual Penalty Records:

Click on the company or penalty amount for more information on each case.

Download results as CSV or XML or Save your search (Click here for information on download subscriptions)
Company sort iconPrimary Offense TypeYearAgencyPenalty Amount
BANK OF KENTUCKY, INC., THEbanking violation2009FDIC$30,415
Bank of Louisvilleinvestor protection violation2002KY-INS$27,000,000
BankAtlanticanti-money-laundering deficiencies2006DOJ_CRIMINAL$10,000,000
BankAtlanticeconomic sanction violation2008OFAC$7,500
BB&Teconomic sanction violation2007OFAC$10,000
BB&Twage and hour violation2011WHD$43,662
BB&Twage and hour violation2018private lawsuit-federal$72,336
BB&T Corporationbenefit plan administrator violation2019private lawsuit-federal$24,000,000
BB&T Equipment Finance LLCconsumer protection violation2021CA-DFPI$75,000
BB&T Leasing Companyconsumer protection violation2005NY-AG$159,097
BB&T Leasing Corporationconsumer protection violation2006MULTI-AG$6,000,000
BB&T Securitiesinvestor protection violation2019SEC$5,709,753
BB&T Securities, LLCinvestor protection violation2016SEC$200,000
BB&T Securities, LLCinvestor protection violation2015SEC$200,000
BB&T Securities, LLCinvestor protection violation2018SEC$100,000
BB&T Securities, LLCinvestor protection violation2019SEC$376,059
Branch Banking & Trust Co.economic sanction violation2014OFAC$19,125
Branch Banking & Trust Co.consumer protection violation2017private lawsuit-federal$3,350,000
Branch Banking & Trust Company (BB&T)False Claims Act and related2016DOJ_CIVIL$83,000,000
Branch Banking & Trust Corporationcampaign finance violation2001FEC$22,000
Branch Banking and Trust (BB&T)employment discrimination2010EEOC$24,000
Branch Banking and Trust Companywage and hour violation2011WHD$12,314
Branch Banking and Trust Companyinvestor protection violation2016SC-SEC$97,500
Grandbridge Real Estate Capital, LLClabor relations violation2015NLRB$70,000
McGriff, Seibels & Williams of Texas, Inc.economic sanction violation2011OFAC$122,408
SunTrust Bankeconomic sanction violation2005OFAC$40,423
SunTrust Bankeconomic sanction violation2005OFAC$30,800
SunTrust Bankemployment discrimination2014EEOC$300,000
SunTrust Bankbanking violation2017FED$1,501,000
SunTrust Bankbanking violation2005WI-AG$10,107
SunTrust Bank, Inc.wage and hour violation2006WHD$350,875
SunTrust Banksinvestor protection violation2017SEC$1,100,000
SunTrust Banks, Inc.banking violation2014FED$160,000,000
SunTrust Banks, Inc.benefit plan administrator violation2018private lawsuit-federal$4,750,000
SunTrust Capital Markets Inc.investor protection violation2006SEC$125,000
SunTrust Capital Markets, Inc.investor protection violation2005FINRA$100,000
SunTrust Investment Services, Inc.investor protection violation2010FINRA$1,440,000
SunTrust Investment Services, Inc.investor protection violation2008FINRA$700,000
SunTrust Investment Services, Inc.investor protection violation2008FINRA$300,000
SunTrust Mortgagewage and hour violation2012private lawsuit-federal$2,400,000
SunTrust Mortgage Inc.banking violation2012DOJ_RIGHTS$21,000,000
SunTrust Mortgage Inc.mortgage abuses2014DOJ_CIVIL$320,000,000
SunTrust Mortgage Inc.False Claims Act and related2014DOJ_CIVIL$418,000,000
SunTrust Mortgage Inc.wage and hour violation2012WHD$51,518
SunTrust Mortgage Inc.mortgage abuses2014MULTI-AG(*)Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting. $40,000,000
SunTrust Mortgage, Inc.consumer protection violation2014CFPB$550,000,000
SunTrust Mortgage, Inc.toxic securities abuses2013FHFA$65,000,000
SunTrust Mortgage, Inc.discriminatory practices (non-employment)2013HUD$36,000
SunTrust Mortgage, Inc.consumer protection violation2017AR-SEC$13,000
SunTrust Mortgage, Inc.mortgage abuses2016CA-DFPI$50,000
SunTrust Mortgage, Inc.consumer protection violation2019CA-DFPI$349,015
SunTrust Robinson Humphrey, Inc.investor protection violation2016FINRA$1,500,000
SunTrust Robinson Humphrey, Inc.investor protection violation2011FINRA$5,000,000
SunTrust Robinson Humphrey, Inc.investor protection violation2008FINRA$1,650,000
Susquehanna Bankconsumer protection violation2014private lawsuit-federal$3,680,000
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.