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.

November 20, 2024
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