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Truist launches $725M program to aid Western North Carolina's hurricane recovery and resilience.
Truist has launched a $725 million, three-year program called "Truist Cares for Western North Carolina" to aid in hurricane recovery and build resilience.
The initiative includes $650 million for rebuilding efforts like small business loans and infrastructure projects, $50 million in loans for financial institutions, and $25 million in grants for nonprofits.
Truist employees are also encouraged to volunteer 10,000 hours.
Resources will be available starting December 2024.
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Truist lanza un programa de $725M para ayudar a la recuperación de huracanes y resiliencia de Carolina del Norte Occidental.