Synchrony Bank

Branches

Your current location is: New York, NY

Synchrony Bank Locations

Rates - February 15, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27314
Date Established 1988
Assets $90.20 billion
Loans $69.82 billion
Deposits $64.13 billion
Capital $11.58 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $11.30 billion
Interest-bearing balances $10.49 billion
Total securities $6.31 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $69.82 billion
Loan loss allowance $5.63 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 $1.05 billion
All other assets $1.70 billion
     Total Assets $78.62 billion

LIABILITIES
Total deposits $64.13 billion
      Interest-bearing deposits $63.82 billion
      Deposits held in domestic offices $64.13 billion
      % insured (estimated) 90.79%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $9.81 billion
Subordinated debt $0.00 billion
All other liabilities $4.68 billion
      Total Liabilities $78.62 billion
      Shareholders’ Equity $11.58 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $9.31 billion
Total Interest Expense $1.03 billion
Net interest income $8.28 billion
Provision for loan and lease losses $3.75 billion
Total non interest income $0.52 billion
Total non interest expense $2.96 billion
Pre-tax Net Operating Income $2.08 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 $90 billion in assets. Customers can open an account at one of its 5 branches.