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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.
Today, Synchrony reported strong second-quarter results including net earnings of 643 million or $1.55 per diluted share, a return on average assets of 2.2% and a return on tangible common equity ...
The Synchrony Bank CD account offers an impressive range of interest rates, starting at 1.25% for a three-month term and running up to 3.25% for a 60-month term (CDs lock in your deposit and ...
Synchrony Bank is a subsidiary of Synchrony Financial. In March, Synchrony bought Ally Lending for an undisclosed amount, onboarding $2.2 billion in loan receivables, though in its latest investor ...
GE Capital was the financial services division of General Electric. [1] Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial.
One of the first female CEOs of a multibillion dollar bank. Margaret Keane (born 1959) is an American businesswoman who was the chief executive officer of Synchrony from February 2014 through April 2021. She transitioned to the role of executive chair of Synchrony’s board of directors. Brian Doubles, formerly Synchrony’s president, became ...
Before the breakout of the coronavirus pandemic, Synchrony Financial (SYF) outperformed the S&P by a single-digit percentage following its spin-off from General Electric (GE) to become a stand ...
Ally Financial Inc. (previously known as GMAC) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.