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.