Synchrony Bank

Branches

Your current location is: New York, NY

Synchrony Bank Locations

Rates - August 19, 2018

Your current location is: New York, NY

Overview 2018

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27314
Date Established 1988
Assets $79.64 billion
Loans $60.02 billion
Deposits $57.96 billion
Capital $10.94 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $12.23 billion
Interest-bearing balances $11.77 billion
Total securities $5.07 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $60.02 billion
Loan loss allowance $5.08 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 $0.80 billion
All other assets $1.50 billion
     Total Assets $68.70 billion

LIABILITIES
Total deposits $57.96 billion
      Interest-bearing deposits $57.65 billion
      Deposits held in domestic offices $57.96 billion
      % insured (estimated) 90.55%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $6.69 billion
Subordinated debt $0.00 billion
All other liabilities $4.05 billion
      Total Liabilities $68.70 billion
      Shareholders’ Equity $10.94 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $2.99 billion
Total Interest Expense $0.30 billion
Net interest income $2.69 billion
Provision for loan and lease losses $1.24 billion
Total non interest income $0.17 billion
Total non interest expense $0.97 billion
Pre-tax Net Operating Income $0.66 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 $80 billion in assets. Customers can open an account at one of its 5 branches.