CHARLOTTETruist, the company born out of the recent merger of BB&T and SunTrust, has picked Charlotte for its Innovation and Technology Center.

The exact location, however, has not been disclosed. That will happen “in the coming months,” the company said.

“Charlotte provides an ideal backdrop for our company,” Thomas Crosson, a company spokesperson, told WRAL TechWire.

“It is one of the world’s top financial centers and is also an emerging fintech hub. Additionally, the city will position us to attract and retain top talent, as it sees more than 33,000 newcomers each year, attracted by career opportunities, diverse living options and a favorable cost of living.”

As for the creation of new jobs, Crosson answered: “Yes, jobs supporting our corporate needs are being recruited for in Charlotte.” But he declined to go into the specifics.

The company is also basing its new corporate headquarters at 214 N. Tryon St. in Charlotte.

On Wednesday, it announced that the building will become Truist Center. The company exercised its option to purchase the property in the heart of the financial district in Uptown Charlotte. The transaction is expected to close in the first quarter in 2020.

“Truist Center is in the ideal location for our newly combined company as we build a bold, transformational financial institution,” said Truist Chairman and Chief Executive Officer Kelly S. King, in a statement.

Truist is in the process of transitioning approximately 2,000 teammates to occupy more than 550,000 square feet of the nearly 965,000 square-foot tower.

“These are employees from across our footprint that will relocate over time. This will also include teammates already in Charlotte,” said Crosson.

The new headquarters is already home to Truist’s executive management team. Truist Center will accommodate several leadership teams for corporate groups, including: Corporate Communications, Finance, Human Resources, Insurance, Legal, Risk Management, and Technology.