Synovus Bank


Overview / Commentary
888-796-6887
1111 Bay Avenue
Columbus, GA 31901

Synovus Bank is headquartered in COLUMBUS and is the largest bank in the state of Georgia. It is also the 42nd largest bank in the nation. It was established in 1888 and as of June of 2024, it had grown to 4,552 employees at 254 locations. Synovus Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #873
Year Established1888
Employees4552
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD4.55%
Annual Interest Income$1.58B
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$59.48B$60.55B
LoansQ2 2024vs Q2 2023$42.75B$44.4B
DepositsQ2 2024vs Q2 2023$50.74B$50.64B
Equity CapitalQ2 2024vs Q2 2023$4.93B$4.76B
Loan Loss AllowanceQ2 2024vs Q2 2023$485.1MM$471.2MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$259.8MM$252.7MM
Real Estate OwnedQ2 2024vs Q2 2023$823K$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Synovus Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.15%*$500k*-Relationship Money Market w/ >$500,000 Relationship
OTHER TIERS: 0.60% $25k - $100k | 1.40% $100k - $500k
0.01%$0-Relationship Money Market - Standard Rate
Locations

Availability



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