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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
The company was formerly known as GE Money Bank and changed its name to GE Capital Retail Bank in October 2011. GE Capital Retail Bank operated as a subsidiary of General Electric Capital Corporation. [61] GE Capital Retail Bank acquired MetLife Bank from MetLife in 2011. [62] As of June 2, 2014, GE Capital Retail Bank is now known as Synchrony ...
[1] [9] GE Capital Retail Bank was officially founded in 1988, and operated under GE Capital. Initial Public Offering General Electric filed with the Securities and Exchange Commission on March 13, 2014 announcing its intention to spin-off the portion of it GE Capital business dedicated to retail credit cards [ 2 ] [10] for companies such as J ...
GE Capital Retail Bank Extends Credit Card Program with jcpenney Multi-year extension of program that began in 1999, providing credit, convenience, security and value to millions of consumers in ...
GE Capital Retail Bank Closes MetLife Bank Deposit Transaction Transaction adds approximately $6.4 billion in deposits and complements GE Capital's successful Retail Finance business and funding ...
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The company was incorporated as Genworth Financial, Inc. on October 23, 2003. [4] In May 2004, it became a public company via an initial public offering. [7][8][9][10] GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11][12][13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million.
GE Capital Retail Bank and La-Z-Boy Continue Furnishing Consumer Credit Card Program Credit Card Program Available at Nearly 780 Locations Nationwide STAMFORD, Conn. & MONROE, Mich.--(BUSINESS ...
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