Synchrony Bank

Branches

Your current location is: New York, NY

Synchrony Bank Locations

Rates - November 19, 2018

Your current location is: New York, NY

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27314
Date Established 1988
Assets $84.49 billion
Loans $61.20 billion
Deposits $61.68 billion
Capital $11.26 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $14.94 billion
Interest-bearing balances $14.31 billion
Total securities $5.95 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $61.20 billion
Loan loss allowance $5.24 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 $0.81 billion
All other assets $1.57 billion
     Total Assets $73.23 billion

LIABILITIES
Total deposits $61.68 billion
      Interest-bearing deposits $61.38 billion
      Deposits held in domestic offices $61.68 billion
      % insured (estimated) 89.15%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $7.44 billion
Subordinated debt $0.00 billion
All other liabilities $4.11 billion
      Total Liabilities $73.23 billion
      Shareholders’ Equity $11.26 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $6.00 billion
Total Interest Expense $0.64 billion
Net interest income $5.36 billion
Provision for loan and lease losses $2.40 billion
Total non interest income $0.33 billion
Total non interest expense $1.92 billion
Pre-tax Net Operating Income $1.36 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 $84 billion in assets. Customers can open an account at one of its 5 branches.