Synovus Financial Corporation - SNV- Profile

Synovus Financial Corp.. The Group's principal activities are to offer integrated financial services, which include banking, financial management, insurance, mortgage and leasing services. It operates through two segments: Financial Services and Transaction Processing Services. Financial Services segment provides commercial banking services including commercial, financial, agricultural and real estate loans and retail banking services, including accepting customary demand and savings deposits. The other services offered under this segment include safe deposit services, automated banking services, automated fund transfers and bank credit card services. Transaction Processing segment provides electronic payment processing services. On 11-July-2006, the Group acquired Card Tech Ltd. The Group operates predominantly in the United States. Provides banking and transaction processing services through 40 wholly owned subsidiaries