Braves announce SunTrust Park renamed to Truist Park

The home of the Atlanta Braves, formerly SunTrust Park, is now renamed to Truist Park.

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Atlanta Braves home renamed Truist Park

The home for the Atlanta Braves has a new name.

Officials with the Atlanta Braves and megabank Truist made the announcement at a joint news conference at 11 a.m. on Tuesday.

Truist was formed by the merger of SunTrust and BB&T, making it the nation's sixth-largest bank with around 10 million customers.

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Truist Park

SunTrust Park is now Truist Park

In 2014, the Braves and SunTrust announced a 25-year naming rights deal.

Truist will now assume that deal, which has 22 years remaining.

SunTrust Bank was headquartered in Atlanta while BB&T was based in Winston-Salem, North Carolina. Truist's headquarters is now in Charlotte, North Carolina, but the company says it has pledged more than $100 million in philanthropic commitments between both states.

The Associated Press contributed to this story