Synchrony Bank

Branches

Your current location is: New York, NY

Synchrony Bank Locations

Rates - May 26, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27314
Date Established 1988
Assets $91.79 billion
Loans $75.19 billion
Deposits $66.74 billion
Capital $12.21 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $8.66 billion
Interest-bearing balances $8.37 billion
Total securities $5.24 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $75.19 billion
Loan loss allowance $5.75 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 $1.61 billion
     Total Assets $79.57 billion

LIABILITIES
Total deposits $66.74 billion
      Interest-bearing deposits $66.44 billion
      Deposits held in domestic offices $66.74 billion
      % insured (estimated) 89.70%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $8.66 billion
Subordinated debt $0.00 billion
All other liabilities $4.17 billion
      Total Liabilities $79.57 billion
      Shareholders’ Equity $12.21 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $12.82 billion
Total Interest Expense $1.48 billion
Net interest income $11.34 billion
Provision for loan and lease losses $4.99 billion
Total non interest income $0.80 billion
Total non interest expense $4.04 billion
Pre-tax Net Operating Income $3.10 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.