Latest news with #Georgia-chartered
Yahoo
5 days ago
- Business
- Yahoo
Synovus accelerates growth in Atlanta with addition of new talent
COLUMBUS, Ga., June 05, 2025--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years. "As we expand in high-opportunity markets throughout the southeast, we're investing in talented individuals who have a deep understanding of local economies and prioritize a client-centric approach with proactive financial guidance," said Synovus Chairman, CEO and President Kevin Blair. "Our relationship managers play a key role in building strong, lasting partnerships and making a meaningful impact in the communities we serve." Relationship managers bring extensive industry knowledge and proven expertise to help businesses and individuals navigate today's ever-changing economic landscape. Synovus is investing in top talent as it continues its transformative path to sustainable growth. Atlanta market additions: Eric Clark, commercial bankerClark has nearly 20 years of relationship management experience within the banking industry, working for various banks in the southeast. He joins Synovus from JP Morgan Chase. Will Clay, wholesale middle market relationship managerClay has extensive experience with clients in middle market banking from previous roles at Servis 1st Bank and BB&T. Robert Mann, commercial bankerMann brings 25 years of commercial banking experience as a sales and operations executive. A former tax commissioner in Gwinnett County, Georgia, Mann joins Synovus from Bank of America. The bank's focus on high-opportunity markets includes Atlanta, Georgia; Birmingham, Alabama; Charleston, Columbia, Greenville and Spartanburg, South Carolina; and Miami, Orlando and Tampa, Florida. Core relationship-based banking is fundamental to Synovus, and this growth strategy taps into the bank's existing networks to gain a stronger competitive edge in these markets. # # # Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at Forward-Looking Statements This press release contains statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as "believes," "anticipates," "expects," "may," "will," "assumes," "should," "predicts," "could," "would," "intends," "targets," "estimates," "projects," "plans," "potential" and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements are based upon information presently known to Synovus' management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, under the captions "Cautionary Notice Regarding Forward-Looking Statements" and "Risk Factors" and in Synovus' quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law. View source version on Contacts Audria BeltonMedia Relationsmedia@
Business Wire
5 days ago
- Business
- Business Wire
Synovus accelerates growth in Atlanta with addition of new talent
COLUMBUS, Ga.--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years. 'As we expand in high-opportunity markets throughout the southeast, we're investing in talented individuals who have a deep understanding of local economies and prioritize a client-centric approach with proactive financial guidance,' said Synovus Chairman, CEO and President Kevin Blair. 'Our relationship managers play a key role in building strong, lasting partnerships and making a meaningful impact in the communities we serve.' Relationship managers bring extensive industry knowledge and proven expertise to help businesses and individuals navigate today's ever-changing economic landscape. Synovus is investing in top talent as it continues its transformative path to sustainable growth. Atlanta market additions: Eric Clark, commercial banker Clark has nearly 20 years of relationship management experience within the banking industry, working for various banks in the southeast. He joins Synovus from JP Morgan Chase. Will Clay, wholesale middle market relationship manager Clay has extensive experience with clients in middle market banking from previous roles at Servis 1 st Bank and BB&T. Robert Mann, commercial banker Mann brings 25 years of commercial banking experience as a sales and operations executive. A former tax commissioner in Gwinnett County, Georgia, Mann joins Synovus from Bank of America. The bank's focus on high-opportunity markets includes Atlanta, Georgia; Birmingham, Alabama; Charleston, Columbia, Greenville and Spartanburg, South Carolina; and Miami, Orlando and Tampa, Florida. Core relationship-based banking is fundamental to Synovus, and this growth strategy taps into the bank's existing networks to gain a stronger competitive edge in these markets. # # # Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as 'believes,' 'anticipates,' 'expects,' 'may,' 'will,' 'assumes,' 'should,' 'predicts,' 'could,' 'would,' 'intends,' 'targets,' 'estimates,' 'projects,' 'plans,' 'potential' and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the banking industry and economy in general. These forward-looking statements are based upon information presently known to Synovus' management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, under the captions 'Cautionary Notice Regarding Forward-Looking Statements' and 'Risk Factors' and in Synovus' quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.
Yahoo
29-05-2025
- Business
- Yahoo
FHLBank Atlanta and Synovus Bank award $500,000 grant to Georgia Heirs Property Law Center Inc.
ATLANTA, May 29, 2025--(BUSINESS WIRE)--Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc. The grant will be used to prevent and resolve heirs' property issues that arise when home or landowners leave their property to others without a clear will, estate plan, title or deed. Synovus and Georgia Heirs Property Law Center partnered to apply for the grant, which is awarded from FHLBank Atlanta's 2024 Heirs Property Family Wealth Protection Fund. In total, this program from FHLBank Atlanta is awarding $5.9 million through its member banks, such as Synovus, to 21 organizations addressing heirs' property issues. "A key part of our mission is to advance homeownership, and that includes helping families pass along the hard-earned equity they have built in their properties," said Kirk Malmberg, president and CEO of FHLBank Atlanta. "Heirs' property issues are a pervasive problem in many communities, and this fund will enable seasoned organizations to help thousands of families preserve and protect their inheritances." A 2024 Harris Poll survey sponsored by FHLBank Atlanta found that 90% of homeowners expect the equity in their homes to benefit their heirs, yet 43% do not have a will, trust or estate plan. FHLBank Atlanta created the Family Wealth Protection Fund to support organizations that help property owners by writing wills and estate plans or resolving existing tangled titles. "As a member of FHLBank Atlanta, we wanted to maximize their grant program to support Georgia Heirs Property Law Center with a significant grant to benefit people across the state," said Natalie Parker, senior director, Community Reinvestment Act and community development at Synovus. "The Georgia Heirs Property Law Center has a particular expertise in resolving tangled titles and ensuring the proper legal documents are in place for families to build generational wealth with their homes or land." "The Center helps grow Georgia's economy through property rights. Heirs' property not only limits a family's ability to build generational wealth but also undermines the efforts of local governments and businesses trying to revitalize communities. Partners like the FHLBank Atlanta and Synovus understand the value in leveraging direct legal services and asset education to empower low- and moderate-income families to address their heirs' property," said Skipper StipeMaas, executive director of the Center. Services delivered by organizations receiving grant funding are free to property owners. About Synovus Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at About The Georgia Heirs Property Law Center, Inc. The Georgia Heirs Property Law Center Inc, (the "Center") provides direct legal services that increase generational wealth, economic value, and community stability by securing and preserving property rights of low and moderate income Georgians. The Center resolves heirs property through title clearing; prevents heirs property through estate planning; and facilitates asset education to build generational wealth. For more information see, About FHLBank Atlanta FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. For more information, visit View source version on Contacts Audria BeltonSynovus Media Relationsmedia@ Sheryl TouchtonFederal Home Loan Bank of Atlantastouchton@
Business Wire
29-05-2025
- Business
- Business Wire
FHLBank Atlanta and Synovus Bank award $500,000 grant to
ATLANTA--(BUSINESS WIRE)--Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Synovus Bank are delivering a $500,000 grant to Georgia Heirs Property Law Center Inc. The grant will be used to prevent and resolve heirs' property issues that arise when home or landowners leave their property to others without a clear will, estate plan, title or deed. Synovus and Georgia Heirs Property Law Center partnered to apply for the grant, which is awarded from FHLBank Atlanta's 2024 Heirs Property Family Wealth Protection Fund. In total, this program from FHLBank Atlanta is awarding $5.9 million through its member banks, such as Synovus, to 21 organizations addressing heirs' property issues. 'A key part of our mission is to advance homeownership, and that includes helping families pass along the hard-earned equity they have built in their properties,' said Kirk Malmberg, president and CEO of FHLBank Atlanta. 'Heirs' property issues are a pervasive problem in many communities, and this fund will enable seasoned organizations to help thousands of families preserve and protect their inheritances.' A 2024 Harris Poll survey sponsored by FHLBank Atlanta found that 90% of homeowners expect the equity in their homes to benefit their heirs, yet 43% do not have a will, trust or estate plan. FHLBank Atlanta created the Family Wealth Protection Fund to support organizations that help property owners by writing wills and estate plans or resolving existing tangled titles. 'As a member of FHLBank Atlanta, we wanted to maximize their grant program to support Georgia Heirs Property Law Center with a significant grant to benefit people across the state,' said Natalie Parker, senior director, Community Reinvestment Act and community development at Synovus. 'The Georgia Heirs Property Law Center has a particular expertise in resolving tangled titles and ensuring the proper legal documents are in place for families to build generational wealth with their homes or land.' 'The Center helps grow Georgia's economy through property rights. Heirs' property not only limits a family's ability to build generational wealth but also undermines the efforts of local governments and businesses trying to revitalize communities. Partners like the FHLBank Atlanta and Synovus understand the value in leveraging direct legal services and asset education to empower low- and moderate-income families to address their heirs' property,' said Skipper StipeMaas, executive director of the Center. Services delivered by organizations receiving grant funding are free to property owners. About Synovus Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at About The Georgia Heirs Property Law Center, Inc. The Georgia Heirs Property Law Center Inc, (the 'Center') provides direct legal services that increase generational wealth, economic value, and community stability by securing and preserving property rights of low and moderate income Georgians. The Center resolves heirs property through title clearing; prevents heirs property through estate planning; and facilitates asset education to build generational wealth. For more information see, About FHLBank Atlanta FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households. For more information, visit
Yahoo
06-03-2025
- Business
- Yahoo
A new era for Chastain Park: Synovus Bank secures naming rights to Atlanta's iconic amphitheater
ATLANTA, March 06, 2025--(BUSINESS WIRE)--One of Atlanta's most cherished live music venues is getting a new name, as Synovus Bank becomes the naming rights partner for Chastain Park Amphitheater—now officially known as Synovus Bank Amphitheater at Chastain Park. With nearly 7,000 seats under the Georgia sky, the historic outdoor venue has been a cornerstone of Atlanta's music scene since 1944. The amphitheater has hosted iconic artists across every genre, from jazz and blues legends to today's top touring acts like Noah Kahan, Jill Scott and Tate McRae, making it a cultural landmark for music fans across the region. "Synovus is thrilled to announce our new partnership as the new naming rights sponsor for this well-known and adored Atlanta music venue," said Kevin Blair, chairman, CEO and president of Synovus. "Atlanta is a vibrant hub of culture and commerce, renowned for its legendary artists, musicians and thriving businesses. With the Synovus Bank name now gracing the amphitheater at Chastain Park, we have an incredible opportunity to deepen our engagement with the Atlanta community in new and meaningful ways." This marks Synovus Bank's first concert venue naming rights partnership, strengthening the company's commitment to supporting the communities it serves. As the largest bank based in Georgia and known for its deep roots in the state, Synovus has long invested in Atlanta's cultural and sports institutions, including partnerships with the Atlanta Braves' double-A affiliate at Synovus Park in Columbus, Georgia, and other local organizations across the bank's five-state footprint. Now, through live music, Synovus Bank is creating more opportunities to connect with Atlanta residents in meaningful and memorable ways. "Chastain Park's amphitheater is more than a venue – it's where Atlanta comes together to create unforgettable live music memories," said Rob Scolaro, Live Nation's senior vice president and head of venue sales. "For decades, fans have gathered here to experience the magic of live music. Partnering with Synovus Bank marks a new chapter for this beloved venue, ensuring it remains a pillar of Atlanta's cultural landscape for years to come." For upcoming show announcements and more details about Synovus Bank Amphitheater at Chastain Park, visit Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at About Live Nation Entertainment Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment company comprised of global market leaders: Ticketmaster, Live Nation Concerts, and Live Nation Sponsorship. For additional information, visit View source version on Contacts Media Contacts: Synovus Bank: Audria Belton, media@ Live Nation: Danika Azzarelli, danikaazzarelli@ Sign in to access your portfolio
