Synovus Bank: A Futuristic Journey Through Time

History of Synovus Bank

The story of Synovus begins in 1888 in Columbus, Georgia, with a simple act of kindness at a textile mill. A worker's hard-earned savings spilled from the hem of her dress after a fall. The mill's secretary offered her a deposit certificate for safekeeping, marking the humble origins of what would become Synovus Bank.

Initially established as the Third National Bank of Columbus and Columbus Savings Bank, these entities merged in 1930 to form Columbus Bank and Trust. Over the decades, it evolved into Synovus Financial Corp. in 1989, expanding its footprint across the Southeast United States.

Development and Growth

Synovus has grown from a local bank into a major financial institution with approximately $62 billion in assets. It weathered the 2008 financial crisis, which hit hard due to real estate concentrations, but rebounded strongly through strategic restructuring and focus on core banking services.

Today, Synovus offers a wide range of services including personal banking, commercial lending, and wealth management. For easy access, visit Synovus Bank Login to manage your accounts securely.

Interesting Facts About Synovus

• Synovus's origins trace back over 130 years to a textile mill incident, blending industrial history with banking innovation.
• The bank has a family office legacy spanning seven decades, starting from estate tax challenges in the founding family.
• Despite the 2008 crisis leading to 12 consecutive quarters of losses, Synovus emerged resilient, showcasing adaptive financial strategies.
• Synovus is headquartered in Columbus, Georgia, and serves communities across five states with a focus on customer-centric banking.
• The name "Synovus" combines "synergy" and "novus" (Latin for new), symbolizing innovative partnerships in finance.