Storefronts in downtown Siler City, North Carolina on a sunny afternoon.

Truist teams with N.C. Rural Center on $40 million minority lending program

News

Truist Financial announced a $40 million initial donation to help establish CornerSquare Community Capital, a new multistate fund formed by the nonprofit N.C. Rural Center based in Raleigh. CornerSquare will support selected community development financial institutions (CDFIs) by purchasing 25% …

Truist Financial gives $40M to launch fund supporting underserved areas

News

Truist Financial Corp. is donating $40 million to launch a nonprofit fund that supports undeserved communities.

CornerSquare Community Capital is a new national fund that will work with community development financial institutions, or CDFIs, to help minority-and women-owned businesses. The …

Truist provides $40 million to national nonprofit fund

News

Truist Financial Corp. said Wednesday it has provided a $40 million “initial donation” to help create CornerSquare Community Capital. It is the largest investment in this sector from Truist, as well as legacy BB&T Corp. and SunTrust Banks Inc.

CornerSquare …