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Posted inPress Release

Truist Insurance acquires BankDirect Capital Bank from Texas Capital

CHARLOTTE, N.C., Sept. 6, 2022 Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BankDirect Capital Finance, a nationwide premium finance company, from Texas Capital Bancshares, Inc. (NASDAQ: TCBI). After the closing, BankDirect will operate […]