Synchrony Bank
For information concerning Synchrony Bank online bank, please click here.
Synchrony Bank is an FDIC insured institution headquartered at
170 W Election Rd, Draper, UT 84020.
It was founded in
0000 and has approximately $101 billion in
assets. Customers can open an account at one of its 5 branches.
Deposit Rates - October 3, 2023
-
Sponsored
-
4.300% Discover Bank
Learn More on the Discover Bank website
-
Sponsored
-
5.650% Forbright Bank
Learn More on the Forbright Bank website -
4.850% M.Y. Safra Bank
Learn More on the M.Y. Safra Bank website -
5.000% Discover Bank
Learn More on the Discover Bank website -
4.910% M.Y. Safra Bank
Learn More on the M.Y. Safra Bank website -
4.660% M.Y. Safra Bank
Learn More on the M.Y. Safra Bank website -
4.300% Discover Bank
Learn More on the Discover Bank website -
4.000% Discover Bank
Learn More on the Discover Bank website
Featured Home Equity Rates
-
Sponsored
-
New American Funding, LLC
NMLS ID: 6606 / Updated 2023-10-03Cash-Out and Home Equity Options Available. $0 -
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 -
CrossCountry Mortgage, LLC
NMLS ID: 3029 / Updated 2023-10-03"Unlock Your Home's Potential" $0 - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
Northpointe Bank
NMLS ID: 4474907.600% $2,238 Fees & Points $3,120 Total
0.975 Pts ($3,120)
$0 Fees -
Quicken Loans NMLS #3030
NMLS ID: 30308.469% $2,433 Fees & Points $2,800 Total
0.875 Pts ($2,800)
$0 Fees -
Rocket Mortgage
NMLS ID: 30308.469% $2,433 Fees & Points $2,800 Total
0.875 Pts ($2,800)
$0 Fees -
Neighbors Bank Text.
NMLS ID: 491986Fees & Points Total
Pts ($0)
$0 Fees -
CrossCountry Mortgage, LLC
NMLS ID: 3029Fees & Points Total
Pts ($0)
$0 Fees -
MortgageResearch.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees -
FHAloans.com
NMLS ID: Not a LenderFees & Points Total
Pts ($0)
$0 Fees - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
FDIC Insured | Yes |
FDIC Certificate | # 27314 |
Date Established | 0000 |
Assets | $ 100.74 billion |
Loans | $ 80.52 billion |
Deposits | $ 77.96 billion |
Capital | $ 11.80 billion |
Summary Balance Sheet as of June 30, 2023
ASSETS | |
Cash & Balances due from depository institutions | $ 11.50 billion |
Interest-bearing balances | $ 11.10 billion |
Total securities | $ 4.27 billion |
Federal funds sold and reverse repurchase | N.A. |
Net loans and leases | $ 80.52 billion |
Loan loss allowance | $ 9.34 billion |
Trading account assets | N.A. |
Bank premises and fixed assets | N.A. |
Other real estate owned | N.A. |
Goodwill and other intangibles | $ 947.00 million |
All other assets | $ 2.70 billion |
Total Assets | $ 88.94 billion |
LIABILITIES | |
Total deposits | $ 77.96 billion |
Interest-bearing deposits | $ 77.54 billion |
Deposits held in domestic offices | $ 77.96 billion |
% insured (estimated) | 90.53% |
Federal funds purchased and repurchase agreements | N.A. |
Trading liabilities | N.A. |
Other borrowed funds | $ 2.80 billion |
Subordinated debt | $ 750.00 million |
All other liabilities | $ 4.64 billionn |
Total Liabilities | $ 88.94 billion |
Shareholders’ Equity | $ 11.80 billion |
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES | |
Total Interest Income | $ 7.55 billion |
Total Interest Expense | $ 1,520.00 million |
Net interest income | $ 6.03 billion |
Provision for loan and lease losses | $ 2.60 billion |
Total non interest income | $ 260.00 million |
Total non interest expense | $ 2.27 billion |
Pre-tax Net Operating Income | $ 2.17 billion |
Customer Reviews for Synchrony Bank (6)
Rated 2.50 stars out of 5 - based on 6 reviews
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
Judith
May 12, 2023 |
I can’t get a real live person ever! Don’t use them !
Review on the Online BankKaren Bradley
February 13, 2023 |
My card is frozen. I have never missed a payment. Customer service requires extensive ID which I have submitted, they can't find the auth code and I can't resubmit because it's in process. No one can tell me why my card is frozen!!
Review on the Online BankJoJa
October 20, 2022 |
I have been banking with Synchrony for 7 years and am still amazed at how little they know about Banking 101! The eternal hold button works though! Will send letters looking for paperwork that was submitted at account opening stating we've tried to contact you????? No one tries anything at this bank.
Johnson, T
September 20, 2022 |
This whole bit about delaying the transaction 3-4 days is really unacceptable. Should be illegal. It takes 2 seconds to run an ACH transfer. I've had accounts with Barclays, CIT, Marcus and all of the rest and the money is there the next day. I will wait my three days for my money from Synchrony, but once it is all out I am done.
A KIng
April 13, 2022 |
Couldn't disagree more, Synchrony customer service has done a fine job for me , I have no complaints.
Dj Aron
July 14, 2021 |
Just the worst customer service imaginable. Choose any other bank from this list and you will be happier.