Bank holding company offering commercial and retail banking services through its subsidiary, Synovus Bank, primarily in the Southeastern United States.
Synovus Financial Corp. serves as a prominent bank holding company overseeing Synovus Bank, which provides a wide array of commercial and retail banking services across the southeastern United States. Established in 1888 and headquartered in Columbus, Georgia, Synovus Financial operates through three main segments: Community Banking, Wholesale Banking, and Financial Management Services. The Community Banking segment offers comprehensive services including treasury management, asset management, capital markets, and institutional trust services, catering to both individual and business clients.
Retail banking services provided by Synovus Financial encompass traditional deposit accounts such as demand and savings deposits, along with mortgage loans, consumer loans, investment and brokerage services, and various automated banking options including online and mobile banking. The company also extends financial management services, including portfolio management for fixed-income securities, investment banking, and brokerage services. Synovus Financial Corp. operates a network of 289 branches and 389 ATMs across Alabama, Florida, Georgia, South Carolina, and Tennessee, ensuring widespread accessibility to its comprehensive banking solutions.
Despite its extensive range of financial services, Synovus Financial Corp. has not ventured into offering cryptocurrency services as part of its current portfolio. The company remains dedicated to its core mission of providing reliable and innovative banking solutions to meet the diverse needs of its customers. With a longstanding history of financial expertise and a commitment to community engagement, Synovus Financial continues to uphold its reputation as a trusted financial institution in the regions it serves.