Donny Tong

Donny Tong
Senior Vice President Business Development Officer Truist Bank

711 5th Ave

6th Floor,

New York, NY 10022-3101

Donny.Tong@Truist.com

Phone 917-816-0033

Get directions

See all locations

About me

Background

Donny Tong is a business development officer with Truist Corporate Trust and Escrow, offering clients more than 20 years of corporate trust experience and a focus on reinsurance collateral trust services. He works with internal bank partners and external clients to create collateral trust accounts as an alternative solution for underlying obligation postings related to captive, re-insurance, self-insurance, and surety bonds.

Donny joined Truist in 2015. Prior to that, he worked in the corporate trust businesses of BNY Mellon, Wells Fargo, and HSBC.  

Education

Bachelors of Business Administration, Finance
Pace University 1998 2002

Specialties

  • An agent who facilitates the pledge of cash or assets to support reinsurance obligations through a trust arrangement

  • An agent designated to hold and safeguard assets (typically cash and/or securities) on behalf of one or multiple parties

  • An independent third-party agent who holds funds or assets until the requirements contained in the escrow agreement have been met

Locations

Loading location info...
Return to list view

Location data unavailable at this time. We apologize for the inconvenience.

Map

{0}

{1}

{2}

Office hours

{5}

Phone {3}
 Fax {4}

{0} {1}

Recommended Resources

Market Navigator November 2025 edition

Our monthly Market Navigator provides regular and timely economic and investment strategy views.

Our monthly flagship publication is packed full of timely economic and investment strategy views.
11/04/2025
Article
11/04/2025
Market Navigator November 2025

Market Navigator November 2025 edition

Our monthly Market Navigator provides regular and timely economic and investment strategy views.

Market Navigator November 2025

Our monthly flagship publication is packed full of timely economic and investment strategy views.
Our monthly flagship publication is packed full of timely economic and investment strategy views.
11/04/2025
Article
11/04/2025
Market Navigator November 2025

Market Pulse November 3, 2025

Market views heading into the week highlight what we're watching and important news ahead.

Market views heading into the week of November 3, 2025 highlight what we're watching and important news ahead.
11/03/2025
Article
11/03/2025
Market Pulse – November 3, 2025

Market Pulse November 3, 2025

Market views heading into the week highlight what we're watching and important news ahead.

Market Pulse – November 3, 2025

Market views heading into the week of November 3, 2025 highlight what we're watching and important news ahead.
Market views heading into the week of November 3, 2025 highlight what we're watching and important news ahead.
11/03/2025
Article
11/03/2025
Market Pulse – November 3, 2025

Economic Data Tracker Fed lowered rates again in October, but it likely won’t be the savior for housing

Our view on the economy including rationale on GDP, jobs report, and Fed policy decisions.

Our weekly view on the economy including rationale on GDP, jobs report, and Fed policy decisions for the week of October 31, 2025.
10/31/2025
Article
10/31/2025
Economic Data Tracker – October 31, 2025

Economic Data Tracker Fed lowered rates again in October, but it likely won’t be the savior for housing

Our view on the economy including rationale on GDP, jobs report, and Fed policy decisions.

Economic Data Tracker – October 31, 2025

Our weekly view on the economy including rationale on GDP, jobs report, and Fed policy decisions for the week of October 31, 2025.
Our weekly view on the economy including rationale on GDP, jobs report, and Fed policy decisions for the week of October 31, 2025.
10/31/2025
Article
10/31/2025
Economic Data Tracker – October 31, 2025
    {0}

    {0}

    {2}
    {6}
    {7}
    {8}
    {9}
    {12}
    {10}
    {11}

    {3}

    {1}
    {2}
    {6}
    {8}
    {9}
    {10}
    {11}
    {14}
    {12}
    {13}
    {1}
    {2}
    {7}
    {8}
    {9}
    {10}
    {11}
    {14}
    {12}
    {13}
    Component ID : "accordionGridLayout-1288434688"
    Model : "disclaimer"
    Position : "left"

    Disclosures

    Truist Bank, Member FDIC. © 2025 Truist Financial Corporation. Truist, the Truist logo, Truist Purple, LightStream, and the LightStream logo are service marks of Truist Financial Corporation.

    Equal Housing Lender

    Investment and Insurance Products:

    • Are Not FDIC or any other Government Agency Insured
    • Are Not Bank Guaranteed
    • May Lose Value

    TRUIST is a service mark of Truist Financial Corporation (Truist) and its affiliates.

    Services provided by Truist Financial Corporation (Truist) affiliates: Banking products and services, including loans and deposit accounts, provided by Truist Bank, Member FDIC. Trust and investment management services provided by Truist Bank. Securities, brokerage accounts and/or annuities offered by Truist Investment Services, Inc., an SEC registered broker-dealer, and member FINRA and SIPC, and a licensed insurance agency. Investment advisory services offered by Truist Advisory Services, Inc. and GFO Advisory Services, LLC, SEC registered investment advisers. Some insurance products offered by Truist Investment Services, Inc. Other insurance products offered by Marsh & McLennan Agency, LLC (as successor in interest to McGriff Insurance Services, LLC) CA License #0H18131, Kensington Vanguard National Land Services, and Crump Life Insurance Services. Truist Life Insurance Services (TLIS) is a division of Crump, Arkansas License #100103477. Variable insurance material is for broker-dealer or registered representative use only. Variable products distributed by P.J. Robb Variable, LLC, Arkansas License #100110185. Member FINRA.

    Marsh & McLennan Agency LLC, Kensington Vanguard National Land Services, Crump Life Insurance Services, Truist Life Insurance Services, and P.J. Robb Variable, LLC are not affiliated with Truist Financial Corporation or any of its subsidiaries.

    Truist Securities is a trademark of Truist Financial Corporation. Truist Securities is a trade name for the corporate and investment banking services of Truist and its subsidiaries. All rights reserved. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank.

    Mortgage products and services are offered through Truist Bank. All Truist mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

    Comments regarding tax implications are informational only. Truist and its representatives do not provide tax or legal advice. You should consult your individual tax or legal professional before taking any action that may have tax or legal consequences.

    "Truist Advisors" may be officers and/or associated persons of the following affiliates of Truist, Truist Investment Services, Inc., and/or Truist Advisory Services, Inc. Truist Wealth, International Wealth, Center for Family Legacy, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are trade names used by Truist Bank, Truist Investment Services, Inc., and Truist Advisory Services, Inc.

    Applications, agreements, disclosures, and other servicing communications provided by Truist Bank and its subsidiary businesses will be provided in English. As a result, it will be necessary for customers to speak, read and understand English or to have an appropriate translator assisting them. Please note that Truist provides translations of webpages, documents and disclosures as a courtesy and in the event of any inconsistencies or discrepancies between the English content and the translated content, the English content supersedes the translation. Truist offers phone support in Spanish at 844-4TRUIST (844-487-8478), option 9. For assistance in other languages, please speak to a representative directly.

    New York City residents:

    Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.

    Borrowers with Limited English Proficiency (LEP) needing information can use the following resources:

    The Consumer Finance Protection Bureau (CFPB) also provides additional resources for homeowners seeking payment assistance in select languages at: https://www.consumerfinance.gov/housing/housing-insecurity/help-for-homeowners/

    Site footer

    Footer Navigation

    Banking products
    About Truist
    Resources
    Support

    © 2025, Truist. All Rights Reserved.