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Synovus donates $125,000 for Hurricane Helene disaster relief

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Synovus has announced a $125,000 donation to the American Red Cross for Hurricane Helene disaster relief. The donation aims to support immediate needs of affected individuals and families. Synovus CEO Kevin Blair emphasized the company's commitment to community care. Additionally, Synovus is offering support to its team members affected by the hurricane through the Here Matters Disaster Relief Fund. The company's employees will also engage in volunteerism for relief and recovery efforts in impacted communities.

Synovus Bank, an FDIC-insured institution, provides a range of banking services including commercial, consumer, private banking, treasury management, wealth management, mortgage services, and more. The bank operates branches across Georgia, Alabama, South Carolina, Florida, and Tennessee.

Synovus ha annunciato una donazione di 125.000 dollari per la Croce Rossa Americana a sostegno del programma di soccorso per il disastro causato dall'uragano Helene. La donazione ha lo scopo di sostenere i bisogni immediati delle persone e delle famiglie colpite. Il CEO di Synovus, Kevin Blair, ha sottolineato l'impegno dell'azienda nella cura della comunità. Inoltre, Synovus offre supporto ai suoi collaboratori colpiti dall'uragano attraverso il Here Matters Disaster Relief Fund. I dipendenti dell'azienda parteciperanno anche a volontariato per le operazioni di soccorso e recupero nelle comunità colpite.

Synovus Bank, un'istituzione assicurata dalla FDIC, offre una vasta gamma di servizi bancari, tra cui bancario commerciale, bancario al consumo, private banking, gestione della tesoreria, gestione patrimoniale, servizi ipotecari e altro ancora. La banca ha filiali in Georgia, Alabama, Carolina del Sud, Florida e Tennessee.

Synovus ha anunciado una a la Cruz Roja Americana para el alivio de desastres del huracán Helene. La donación tiene como objetivo apoyar las necesidades inmediatas de las personas y familias afectadas. Kevin Blair, el CEO de Synovus, enfatizó el compromiso de la empresa con el cuidado de la comunidad. Además, Synovus está ofreciendo apoyo a sus miembros del equipo afectados por el huracán a través del Here Matters Disaster Relief Fund. Los empleados de la empresa también participarán en voluntariado para los esfuerzos de alivio y recuperación en las comunidades impactadas.

Synovus Bank, una institución asegurada por la FDIC, ofrece una variedad de servicios bancarios que incluyen banca comercial, consumo, banca privada, gestión de tesorería, gestión patrimonial, servicios hipotecarios y más. El banco opera sucursales en Georgia, Alabama, Carolina del Sur, Florida y Tennessee.

시노버스는 125,000달러 기부를 미국 적십자사에 허리케인 헬렌 재난 구호를 위한 기부를 발표했습니다. 이 기부는 피해를 입은 개인 및 가족의 즉각적인 필요를 지원하기 위한 것입니다. 시노버스 CEO 케빈 블레어는 회사의 지역 사회 돌봄에 대한 의지를 강조했습니다. 또한, 시노버스는 Here Matters Disaster Relief Fund를 통해 허리케인의 영향을 받은 팀원들에게 지원을 제공하고 있습니다. 회사의 직원들은 피해를 입은 커뮤니티의 구호 및 회복 작업에 대한 자원 봉사에도 참여할 것입니다.

FDIC 보험 기관인 시노버스 뱅크는 상업, 소비자, 프라이빗 뱅킹, 재무 관리, 자산 관리, 주택 대출 서비스 등 다양한 은행 서비스를 제공합니다. 이 은행은 조지아, 앨라배마, 사우스 캐롤라이나, 플로리다, 테네시주에 지점을 운영하고 있습니다.

Synovus a annoncé un dons de 125 000 dollars à la Croix-Rouge américaine pour le secours en cas de catastrophe liée à l'ouragan Helene. Le don vise à soutenir les besoins immédiats des personnes et des familles touchées. Le PDG de Synovus, Kevin Blair, a souligné l'engagement de l'entreprise envers le soin de la communauté. De plus, Synovus offre un soutien à ses membres d'équipe touchés par l'ouragan à travers le Here Matters Disaster Relief Fund. Les employés de l'entreprise participeront également à du bénévolat pour les efforts de secours et de rétablissement dans les communautés touchées.

Synovus Bank, une institution assurée par la FDIC, propose une gamme de services bancaires, y compris la banque commerciale, la banque de consommation, la banque privée, la gestion de trésorerie, la gestion de patrimoine, les services hypothécaires, et plus encore. La banque a des agences en Georgie, Alabama, Caroline du Sud, Floride et Tennessee.

Synovus hat eine Spende in Höhe von 125.000 USD an das American Red Cross für Hurricane Helene Katastrophenhilfe angekündigt. Die Spende soll die unmittelbaren Bedürfnisse der betroffenen Personen und Familien unterstützen. Der CEO von Synovus, Kevin Blair, betonte das Engagement des Unternehmens für die Gemeinschaftspflege. Darüber hinaus bietet Synovus Unterstützung für seine von dem Hurrikan betroffenen Teammitglieder durch den Here Matters Disaster Relief Fund. Die Mitarbeiter des Unternehmens werden sich auch an Freiwilligenarbeit für Hilfs- und Wiederherstellungsmaßnahmen in betroffenen Gemeinden beteiligen.

Die Synovus Bank, eine von der FDIC versicherte Institution, bietet eine Reihe von Bankdienstleistungen an, darunter kommerzielle, private, Verbraucherdienste, Treasury-Management, Vermögensmanagement, Hypothekendienstleistungen und mehr. Die Bank betreibt Niederlassungen in Georgia, Alabama, South Carolina, Florida und Tennessee.

Positive
  • Donation of $125,000 to American Red Cross for disaster relief
  • Provision of financial assistance to affected employees through Here Matters Disaster Relief Fund
  • Employee engagement in volunteerism for community relief efforts
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Insights

Synovus' $125,000 donation to the American Red Cross for Hurricane Helene disaster relief demonstrates corporate social responsibility but is unlikely to have a significant impact on the company's financial performance. While such gestures can enhance brand reputation and customer loyalty, the amount is relatively small compared to Synovus' $6.1 billion market cap.

The company's Here Matters Disaster Relief Fund for employees and commitment to volunteerism are positive for employee morale and retention. However, these initiatives are not expected to materially affect the bank's bottom line or stock performance in the short term.

From an investor's perspective, the key takeaway is Synovus' strong presence in the Southeast, with branches across five states. This regional focus could present both opportunities and risks, particularly in the face of natural disasters like Hurricane Helene. The bank's ability to support affected communities may strengthen its market position, but also exposes it to potential loan losses in disaster-prone areas.

COLUMBUS, Ga.--(BUSINESS WIRE)-- Synovus is donating $125,000 to the American Red Cross to support disaster relief efforts for communities impacted by Hurricane Helene.

“Caring for the communities we serve is at the heart of everything we do,” said Synovus Chairman, CEO and President Kevin Blair. “Our donation to the American Red Cross helps their teams on the ground support the immediate needs of individuals and families, restoring hope and stability during this difficult time.”

Synovus team members in the southeast affected by Hurricane Helene can receive support from the company’s Here Matters Disaster Relief Fund that provides financial assistance during unexpected hardship. Donations from team members fuel the fund.

Additionally, the bank’s team members will support impacted communities through volunteerism, focusing on relief and recovery efforts.

Learn more about how Synovus is helping clients during Hurricane Helene with recovery.

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 private banking, treasury management, wealth management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at synovus.com.

Audria Belton

Media Relations

media@synovus.com

Source: Synovus Financial Corp.

FAQ

How much did Synovus (SNV) donate for Hurricane Helene disaster relief?

Synovus donated $125,000 to the American Red Cross for Hurricane Helene disaster relief efforts.

What support is Synovus (SNV) providing to its employees affected by Hurricane Helene?

Synovus is offering financial assistance to affected employees through its Here Matters Disaster Relief Fund.

In which states does Synovus (SNV) have branch operations?

Synovus has branches in Georgia, Alabama, South Carolina, Florida, and Tennessee.

What additional support is Synovus (SNV) providing for Hurricane Helene relief efforts?

Synovus employees will support impacted communities through volunteerism, focusing on relief and recovery efforts.

Synovus Financial Corp.

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