Description

Synovus Financial Corp. serves as the parent entity for Synovus Bank, offering a comprehensive suite of commercial and consumer banking solutions. Its operations are structured into three distinct divisions: Community Banking, Wholesale Banking, and Financial Management Services. For its business clientele, Synovus delivers a variety of services, including treasury and asset management, capital market operations, and institutional trust services, alongside commercial, financial, and real estate loan products. Individuals, on the retail side, have access to typical checking and savings accounts, various lending options like mortgage, installment, and other consumer loans, investment and brokerage facilities, safe deposit boxes, automated teller services, electronic fund transfers, online banking platforms, and both credit and debit card functionalities. Beyond its core banking activities, the company extends its offerings to specialized financial services. These include managing portfolios of fixed-income assets, investment banking, executing securities transactions as a broker/dealer, financial planning, and personalized investment guidance for equities and other securities. As of December 31, 2020, Synovus maintained a significant physical presence, operating 289 branches and 389 ATMs across five states: Alabama, Florida, Georgia, South Carolina, and Tennessee. The institution, established in 1888, is headquartered in Columbus, Georgia.