Synchrony Bank
in the United States 🇺🇸
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About Synchrony Bank in the United States
Synchrony Bank is a leading consumer financial services institution specializing in credit products, promotional financing, and digital banking solutions. Headquartered in Draper, Utah, Synchrony Bank operates as the banking subsidiary of Synchrony Financial (NYSE: SYF), a publicly traded company based in Stamford, Connecticut.
With over $110 billion in assets and $82 billion in deposits, Synchrony Bank is one of the largest issuers of private label credit cards in the United States. The bank partners with hundreds of national and regional retailers, healthcare providers, and other merchants to offer co-branded and store credit cards, along with point-of-sale financing solutions. Despite operating only two physical office locations, Synchrony serves tens of millions of active customer accounts nationwide through its digital-first business model.