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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.
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 ...
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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 ...
Regions Financial Corporation: Birmingham, Alabama: $155 7.0 $18.02 RF 33 Discover Financial: Riverwoods, Illinois: $152 7.0 $28.11 DFS 34 Synchrony Financial: Stamford, Connecticut: $121 – $15.80 SYF 35 Deutsche Bank: New York City: $113 9.0 $27.49 DB 36 New York Community Bank: Hicksville, New York: $112 – $7.39 NYCB 37 First Horizon ...
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On March 13, 2014, GE Capital announced that it would spin its North American consumer finance division off under the new name Synchrony Financial through an initial public offering (IPO). [84] On July 31, 2014, Synchrony Financial raised $2.9 billion in its IPO when GE sold 125 million shares (15%) of the company. [85]