Is Florida Community Bank now Synovus?

Is Florida Community Bank now Synovus?

Effective January 1, 2019, Florida Community Bank merged into Synovus Bank. Transition of FCB systems, customers, branches, and branding to Synovus is expected during the second quarter of 2019.

Who is Synouvus GRN?

The Synovus Financial Corporation, formerly the Columbus Bank and Trust Company, is a financial services company with approximately $45 billion in assets based in Columbus, Georgia….Synovus.

Type Public
Industry Banks
Founded 1888
Headquarters Columbus, Georgia, USA
Key people Kevin Blair, Chairman/CEO

What bank did Synovus take over?

FCB
Synovus completed acquisition of FCB (Jan. 1) and successfully integrated its systems and customers.

Is Synovus Bank a good bank?

At a SmartAsset rating of 3.9 stars out of 5, Synovus Bank should be near the middle of the pack in your search for a bank. Synovus Bank has a complete array of banking products, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards.

What happened to Florida community bank?

Florida Community Bank is now officially Synovus. We’re excited to welcome you to the Synovus family, and we’re thankful to have you as our customer.

Who bought out Florida community bank?

In January 2010, Florida Community Bank was purchased by Bond Street Holdings Inc, a Weston-based holding company with over $740 million in capital. The acquisition allowed the new Florida Community Bank to leverage its name and presence throughout the state of Florida.

Is Citizen bank Black Owned?

Citizens Trust Company became the first African-American owned bank in the United States to become a member of the Federal Deposit Insurance Corporation (FDIC).

What is the meaning of Synovus?

Synovus. The name Synovus is a combination of the words synergy and novus; novus meaning usually of superior quality and different from the others listed in the same category.

When did bank of North Georgia become Synovus?

June 2018
Bank of North Georgia is one of 26 non-Synovus branded bank divisions to complete the footprint-wide brand transition, which will conclude in June 2018.

Is Synovus Bank a real bank?

Synovus is the bank of here. We’re proud to serve communities across the Southeast – from major cities to main-street hometowns. Stop by your local branch and let us help with all your financial needs.

What fees does Synovus Bank have?

$25 / $45.

  • ATM Surcharge, per transaction. $3.
  • Check Cashing. (for checks drawn on a division of.
  • Synovus Bank), per check, by check. amount.
  • $0 – $25. Free.
  • $25.01 – $100. $2.
  • $100.01 or more. $5.
  • Official Check Replacement, per check. $14.
  • Will community banks survive?

    Community banks make up the overwhelming majority of the roughly 5,000 FDIC-insured financial institutions. How much that number shrinks further in the coming years remains to be seen. While failures are few — just four in 2020 and none through June of 2021 — mergers and acquisitions continue apace.

    Who bought Drummond?

    Seacoast Banking Corporation of Florida
    Alston & Bird client Seacoast Banking Corporation of Florida, holding company for Seacoast National Bank, has announced a definitive agreement to acquire Drummond Banking Company, parent company of Drummond Community Bank, for $173.2 million.

    Does Citizens Bank support BLM?

    Citizens will award grants to minority-owned businesses across the Citizens footprint. Supporting entrepreneurs: As part of our lending support to small businesses, we will provide additional capital for training through grants of $10,000 each to 25 minority entrepreneurs to launch new ventures.

    Who is the largest black-owned bank?

    OneUnited Bank is the nation’s largest Black-owned and FDIC-insured bank. It was established by combining Black-owned banks from across the country.

    Is Synovus a local bank?

    Does Synovus use Zelle?

    You can send, request, or receive money with Zelle®. To get started, log into My Synovus online or via the mobile app and select “Send Money with Zelle®”. Enter your email address or U.S. mobile phone number, accept terms and conditions, and you’re ready to start sending and receiving with Zelle®.

    What’s the biggest bank in South Carolina?

    Founded in 1950 in Blairsville, Georgia, United Community Bank has more than $18 billion in assets, more than 2,400 total employees and 160 branches across the Carolinas, Tennessee and Florida. The move to Greenville, which is expected to create 227 jobs, will make it the largest bank based in South Carolina.

    What is Synovus ATM withdrawal limit?

    The limit is $600 daily and $1500 for private wealth checking accounts in some accounts. Your daily maximum ATM withdrawal amount is $505. Your daily maximum cash withdrawal in a bank branch is $2500.

    What is the future for community banks?

    Community banks will play a role in the future banking environment because they provide personal customer service and cater to small businesses. Like mom and pop grocery stores, however, their market share will decline over time as larger banks exploit their economies of scale.