Truist, the nation’s ninth-largest banking company with $554 billion in assets, will require its employees to work onsite five days a week, starting Jan. 5.
The Charlotte-based company issued this statement Monday in response to a request for comment: “Truist is committed to fostering a culture of collaboration, innovation and client-focused excellence. Starting Jan. 5, 2026, teammates with hybrid work arrangements will move to onsite work five days a week. This decision reflects our belief that in-person teamwork drives stronger results for our clients, teammates and stakeholders.”
The move follows similar actions by other large financial services companies. Among the most outspoken CEOs about the value of returning to the office five days a week has been JPMorgan Chase’s Jamie Dimon. The New York-based bank ended remote work earlier this year, prompting an internal petition with 2,000 signatures asking that hybrid work be permitted.
Dimon responded that he didn’t care how many employees signed the petition, and that those who didn’t show up every day could find a new job. “I’ve had it with this stuff,” he later added. “I’ve been working seven days a [expletive] week since COVID, and I come in, and — where is everybody else?”
Truist’s investment bank has already had a full-time, in-office requirement since last fall, while most other workers have been expected to be in the office at least four days a week.
The biggest U.S. banks have gradually shifted from the flexibility that became common during the COVID-19 pandemic. Charlotte-based Bank of America and Wells Fargo, which employ a combined 40,000-plus people in the Charlotte area, allow some staffers to work remotely one or two days a week. Many of those banks’ employees in client-facing positions work on-site five days, however.
More than 3,000 of Truist’s 40,000 employees work in the Charlotte metro area. It has offices in 17 states, primarily in the Southeast as well as in Indiana, Maryland, New Jersey, Ohio, Pennsylvania and Washington, D.C. In 2024, the bank said its median annual total
compensation was $93,785.
