Description

Synovus Financial Corp. functions as the parent company for Synovus Bank, delivering a comprehensive suite of banking products and services to both businesses and individual consumers. Its operations are segmented into Community Banking, Wholesale Banking, and Financial Management Services. For its commercial clientele, the company offers treasury and asset management, capital market solutions, institutional trust services, and diverse lending options including commercial, financial, and real estate loans. On the retail front, Synovus provides customary demand and savings deposit accounts, various consumer loans such as mortgages and installment loans, investment and brokerage services, safe deposit facilities, automated banking, electronic fund transfers, internet banking platforms, and credit/debit card services. Furthermore, Synovus extends into other financial services, encompassing portfolio management for fixed-income securities, investment banking, brokering securities transactions, financial planning, and personalized investment advice for equities and other securities. As of December 31, 2020, the firm operated 289 branches and 389 ATMs across Alabama, Florida, Georgia, South Carolina, and Tennessee. Established in 1888, the company maintains its headquarters in Columbus, Georgia.