Welcome to the tag category page for Commercial banking!
Truist Financial Corporation is a bank holding company that was formed in 2019 from the merger of BB&T and SunTrust Banks. The company offers personal and commercial banking services, mortgages, and investment banking solutions through its subsidiary, Truist Securities. Truist is headquartered in Charlotte, North Carolina and is the sixth-largest commercial bank in the United States. Truist has an Instagram account with over 41,500 followers and aims to build better lives and communities through real care. Truist Bank offers a good basic checking account but has low savings rates and high and hard to avoid fees. Truist Bank is a member of the FDIC.
Melio is a fintech company based in New York that offers a digital platform for businesses to manage their accounts payable and receivables. The platform allows businesses to pay vendors, suppliers, and contractors in a variety of ways, including bank transfers, debit cards, and credit cards. Melio also offers features such as setting up recurring payments and tracking spending. The company was founded in 2018 and is owned by Matan Bar, Ilan Atias, and Ziv Paz. Melio is a free service for businesses and aims to maximize cash flow while minimizing busywork. Payments are usually processed within a day, and the company operates in both New York and Tel Aviv.