Synchrony Bank

Branches

Your current location is: New York, NY

Synchrony Bank Locations

Rates - August 17, 2019

Your current location is: New York, NY

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27314
Date Established 1988
Assets $92.29 billion
Loans $71.85 billion
Deposits $67.93 billion
Capital $12.30 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $12.29 billion
Interest-bearing balances $11.53 billion
Total securities $5.11 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $71.85 billion
Loan loss allowance $5.41 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 $1.12 billion
All other assets $1.93 billion
     Total Assets $80.00 billion

LIABILITIES
Total deposits $67.93 billion
      Interest-bearing deposits $67.64 billion
      Deposits held in domestic offices $67.93 billion
      % insured (estimated) 87.92%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $7.36 billion
Subordinated debt $0.00 billion
All other liabilities $4.71 billion
      Total Liabilities $80.00 billion
      Shareholders’ Equity $12.30 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $3.35 billion
Total Interest Expense $0.47 billion
Net interest income $2.89 billion
Provision for loan and lease losses $0.88 billion
Total non interest income $0.16 billion
Total non interest expense $1.02 billion
Pre-tax Net Operating Income $1.16 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.