On Tuesday, the PGA Tour announced that Truist Financial Corporation will replace Wells Fargo as the title sponsor of the Tour’s Charlotte (NC) stop. The tournament will be renamed the Truist Championship.
The news was announced at the Truist Innovation & Technology Center in Charlotte. Truist Chairman and CEO Bill Rogers hosted PGA Tour Commissioner Jay Monahan, Quail Hollow Club President Johnny Harris and The Philadelphia Cricket Club President Tom Sheridan.
Quail Hollow Club will remain the host facility for the event, with the exception of next season (2025) when the club hosts the PGA Championship for the second time.
The 2025 Truist Championship will be May 5-11 at The Philadelphia Cricket Club’s Wissahickon Course. Tickets will go on sale near the end of this year at TruistChampionship.com.
The tournament will be one of eight Signature Events on the PGA Tour’s 2025 schedule.
“We are honored to be the title sponsor of the PGA Tour’s Charlotte-based Signature Event and thrilled that Philadelphia and Charlotte, two vibrant growth markets for Truist, will be featured on the PGA Tour,” said Rogers.
“We look forward to partnering with the PGA Tour to elevate this wonderful championship event and Truist’s deep community impact, and to further fulfill our purpose to inspire and build better lives and communities.”
Monahan said, “We are delighted to welcome Truist to the PGA Tour family as the new title sponsor of the Truist Championship, a Signature Event that has continued to grow in size and stature since its introduction to the golf calendar more than two decades ago.
“Starting in year one at The Philadelphia Cricket Club followed by an extended run at the Quail Hollow Club, the Truist Championship will be a best-in-class experience for fans thanks to the support of a hometown title sponsor that holds a vested interest in positively impacting its local communities.”
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. Its bank operates 2,781 branches in 15 states and Washington, D.C., offering consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services. It is on the list of largest banks in the United States by assets; as of August 2023, it is the 9th largest bank with $514 billion in assets.