Both of Chattanooga's biggest banks will soon take on a new identity.

SunTrust Bank, which has agreed to merge with BB&T, announced this week the combined bank will be known as Truist Bank.

The new name for SunTrust, which is the second biggest bank in Chattanooga, was announced a day after Chattanooga's biggest bank, First Tennessee, said it will change its name to First Horizon this fall following its merger with Capital Bank, also headquartered in Charlotte, North Carolina.

Read more from our newspartners at the Chattanooga Times Free Press