Synchrony Bank
For information concerning Synchrony Bank, a subsidiary
of Synchrony Bank, please see the
Synchrony Bank page here.
Branches
Your current location is: New York, NY
Synchrony Bank Locations
Rates - November 23, 2019
Your current location is: New York, NY
Overview 2019
General Bank Information
| FDIC Insured | Yes |
| FDIC Certificate | # 27314 |
| Date Established | 1988 |
| Assets | $92.03 billion |
| Loans | $72.50 billion |
| Deposits | $68.56 billion |
| Capital | $12.11 billion |
Summary Balance Sheet
| ASSETS | |
| Cash & Balances due from depository institutions | $10.38 billion |
| Interest-bearing balances | $9.52 billion |
| Total securities | $6.40 billion |
| Federal funds sold and reverse repurchase | $0.00 billion |
| Net loans and leases | $72.50 billion |
| Loan loss allowance | $5.23 billion |
| Trading account assets | $0.00 billion |
| Bank premises and fixed assets | $0.00 billion |
| Other real estate owned | $0.00 billion |
| Goodwill and other intangibles | $1.08 billion |
| All other assets | $1.66 billion |
| Total Assets | $79.91 billion |
| LIABILITIES | |
| Total deposits | $68.56 billion |
| Interest-bearing deposits | $68.29 billion |
| Deposits held in domestic offices | $68.56 billion |
| % insured (estimated) | 89.32% |
| Federal funds purchased and repurchase agreements | $0.00 billion |
| Trading liabilities | $0.00 billion |
| Other borrowed funds | $6.61 billion |
| Subordinated debt | $0.00 billion |
| All other liabilities | $4.74 billion |
| Total Liabilities | $79.91 billion |
| Shareholders’ Equity | $12.11 billion |
Summary Income Statement
| INCOME AND EXPENSES | |
| Total Interest Income | $6.72 billion |
| Total Interest Expense | $0.95 billion |
| Net interest income | $5.78 billion |
| Provision for loan and lease losses | $1.90 billion |
| Total non interest income | $0.36 billion |
| Total non interest expense | $2.10 billion |
| Pre-tax Net Operating Income | $2.14 billion |
Synchrony Bank is an FDIC insured institution headquartered at
170 West Election Road, Suite 125, Draper, UT 84020.
It was founded in
1988 and has approximately $92 billion in
assets. Customers can open an account at one of its 5 branches.