Come on Grant. Are we going to go into the new year with the same people who have inspired the mass exodus of teammates, at the heart of the discord amongst leadership and simply destroyed since they came on board? The holiday gift we are all... — read more
Thoughts on this?
SWOT Analysis Strengths Strong capital position with a CET1 ratio of 11.6% Diversified business model across traditional banking, wealth management, and capital markets Dominant presence in the high-growth Southeast market Improved balance sheet... — read more
Moderators
The willingness of the moderators to delete posts at the insistence of the c suite make this site both useless and pointless. I will expect this post to be deleted as well.
About Remote work at the end of the townhall meeting
Someone asked about the in office requirement and the CIO talked about some absolute nonsense and then he opened up about remote work saying that it did not contribute during pandemic which is a bold faced lie and literally the worst response. This... — read more
Purple Stickers
I keep finding purple stickers all over my hub facility and it says, “When you row, we grow”. This is priceless, people are cutting out the “g” in the first grow. I’m assuming that this means people are feeling like they are growing a companies... — read more
Bill said this at the Goldman Sachs conference yesterday
William Rogers One of the foundational elements of our strategy is to attract, develop and retain great teammates. So they're all sort of parts of that. So the attract is really part of that, that's what we're talking about. We've brought a lot of... — read more
Regional Call Tomorrow Out of No Where
Out of the blue regional call. Last year it was lay offs. Anyone want to bet what bad news it is this year?
5 year anniversary of merger passed and no celebration no mention by the powers to be
That says it all. It came and went with zero fanfare
No Vision and No plan 2025
Retail LOB senior leadership being advised to tell sales managers that there’s no vision and plan for next year. They said after the executive meeting this past week that it’s still undecided and no plan. The conversation is TBD in NC at the end of... — read more
Does truist dr-g test?
Hello I have an interview next Friday for a in branch Banker position (entry level). Does truist dr-g test for the roles?
Bill Rogers and Kelly King
As we see more and more of TIS Operations going over to “Truist Wealth Overseas” and the loss of jobs for people who actually knew what they are doing and always willing to help if needed, I hope you sleep well Bill Rogers, Kelly King and the BB&T... — read more
Huntington bank
Selfish BB&T ppl there. I wouldn’t go here unless you got in at a very high level. Have you met Brandt Stranbridge or whatever his name is? No one can work there long term. Plus Huntington has a history of bone head decisions and they almost failed... — read more
Use all your sick days
Sick days do not carry over to 2025. Use all your sick days by 12/31. Remember the executives “care” nothing for the teammates and are only looking out for themselves. Ensure you look out for yourself by using all your sick days.
Retail Incentive Plan 2025
They are out. We are being told to not share with our managers because our leadership is not happy and wants to talk through in a higher Q&A. They told us not to relay the information because it may greatly affect the retention of our areas and they... — read more
Truist chairman buys $1.66M of Truist shares
See article below. Writing is on the wall that Truist will be acquired by a larger bank next year. Larger banks stock price is much higher than Truist. This is a personal strategy by Bill Rogers that his TFC shares will be cashed out or exchanged... — read more
Restrictive covenant agreements are not enforceable
The incentive plan acknowledgement that teammates have to acknowledge in Workday is not legally enforceable. If you leave after AIP is paid and LTI vests and “recruit” teammates to join you, Truist has no legal recourse as long as you adhere to the... — read more
My team is now populated by completely inexperienced newcomers
They replaced all the people who were a real deal. The remaining members of the old guard now spend half of their work time as glorified trainers. It’s incredible what some of the fresh graduates have no clue about. Maybe I’m too old to remember, but... — read more
Don't rush to leave
Beware, sometimes the grass is greener because it is growing over a sewer. A lot of banks have the same issues as SunTruist. Your new boss or bosses aren’t always what they appeared during the hiring process. The culture your new employer has may be... — read more
Pension
Hearing rumblings that the pension plan will be eliminated mid-January, likely announced at earnings time to attempt to bury the news. This was originallly scheduled for August but had to be delayed. Be prepared.
Ineptitude at every turn
This is what you get when you lay off all the seasoned employees and replace them with people with zero experience and about the same amount of knowledge.
Recruiting Team
Has anyone here ever had a positive experience with a recruiter? I feel like they are all rude and very unprofessional when it comes to coordinating interviews. Do you have someone you actually like to work with?
The name Truist?
Anyone else thought about the insane deception from Bill, Beau, (and potentially Mark Chancy is the bank sells to Wells), with this take over? To name the bank Truist is such a fake and disgusting thing to do? Who were they trying to convince this... — read more
Favoritism fueling hostility
Mixing favoritism with hostility creates a toxic work environment, and Truist has mastered it. Unfairness reigns, morale is shattered, and a healthy atmosphere is beyond reach at this point.
M&A - Truist and PNC
Rumors circling around about potential PNC and Truist merger/acquisition next year. 2025 should be an exciting time for Truist! Bill n Beau get massive payouts and live the good life n their beachfront properties in Boca while the rest of us are... — read more
Management is fatter and worn down
Anyone else notice that mid to upper level management at Truist are more obese and have a generally “worn down look” 👀 from over the years. Kind of sad.
Retail Voice of the Teammate
I was trying to listen into the call while taking teller transactions on the teller line. I couldn’t pay full attention and participate because likewise to most of our local branches, everyone is running slim due to turnover, vacations and unhealthy... — read more
It’s time to start unionizing at Truist.
https://cwa-union.org/pages/bank_workers
Regional banks unionizing
https://www.americanbanker.com/creditunions/list/15-steps-in-the-unionization-of-banks-credit-unions
Forming a union FAQ
https://betterbanks.org/organize/questions
Wells Fargo branches unionizing
https://cwa-union.org/news/wells-fargo-workers-begin-first-ever-contract-negotiations-organizing-continues
Exit Strategy
For those that are sick and tired of Truist, now is the time to start thinking of your “Exit Strategy”…… Tough it out until March when AIP/LTI is paid. Start interviewing in January/February. As soon as AIP/LTI is paid, put in 2 weeks notice and... — read more
I wouldn’t buy Truist
Truist is cancer. Unless Truist completely liquidates everything and goes to cash, the cancer will spread to the next organization. Garbage buy for any bank.
Truist acquisition rumors
Anyone else hearing that Truist will be sold in 2025? Have heard from several credible sources that Bill and the board are looking to sell next year.
Starnes retiring Bender named replacement
Not surprised at Starnes retiring but didn’t see Bender as replacement. Not qualified to be CRO but hey he has played the game well.
Is your manager a Truist Poster Child?
Symptoms include - Wearing purple to the office everyday, including purple shoes. Taking their job way too seriously relative to other managers in the organization Have you ever considered dying your hair purple? Maybe you could be... — read more
Unrealistic goals
Is anybody else tired of management setting unrealistic goals while fully knowing they're unrealistic just so they have a reason in the future to lay you off or even fire you? It's so obvious to everybody but it's become the norm. I really need to... — read more
After a Holiday call out
Has anyone been told if you call out after a holiday. Truist won't pay you.
CISO Resigns effective immediately...
Email from CIO Steve... CISO has resigned effective immediately...
OHI Survey
Does anyone know anything about this Organizational Health Index survey email I got this morning? Is this something worth completing?
No more layoffs this year
I think we can assume we're done with layoffs for the year? I'm new here, but I'm going to assume that Truist doesn't lay off people so close to holidays.