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Synovus Receives $25,000 Charitable Donation from National Financial® to Jack Parker Scholarship Fund

April 11, 2011 Columbus, GA – Synovus (NYSE: SNV), the Columbus, Georgia-based financial services company, recently received a donation of $25,000 to the Jack Parker Scholarship Fund from National Financial®.

The scholarship fund is named in honor of Jack B. Parker, whose career with Synovus spanned 44 years. Jack’s enthusiastic attitude, keen sense of duty and good heart were evident throughout his career. The scholarship program is managed by the Jack Parker Foundation, Inc. to award college or vocational institution scholarships to team members’ children who excel academically, demonstrate strong leadership and are involved in activities to improve their communities. Scholarship funds are generated each year through team member donations and internal fundraising activities. In 2010, 119 scholarships totaling $131,000 were awarded to children of Synovus team members. Since its inception in 1988, the foundation has awarded nearly $2 million in scholarships.

“We are honored that National Financial decided to make a contribution to support our educational efforts. This gift transcends the business side of our partnership, and represents a remarkable bond built on mutual respect and trust between our two organizations,” said Kessel Stelling, President and CEO of Synovus. “Their generous contribution connects our companies with the shared goal of improving the educational opportunities for the future leaders of our businesses and communities.”

Synovus is a long-time, valued client and recently celebrated their 25th anniversary with us,” said Sanjiv Mirchandani, President of National Financial.  “Our donation to the Jack Parker Scholarship Fund not only reinforces the strong relationship between our two firms, but is consistent with Fidelity’s tradition of charitable giving, especially when it comes to education.”

About National Financial®

National Financial, a Fidelity Investments® company and the second largest provider of clearing and custody services, offers firms access to a comprehensive clearing platform, inclusive of a dedicated service model, a powerful global trading platform, and a source of leading investment solutions, all designed to help them grow confidently. National Financial’s comprehensive offering enables it to serve broker-dealers of various types and sizes that can serve your evolving needs. In addition to being a leading clearing provider in the U.S. for 30 years, National Financial leverages the strength and experience of Fidelity Investments, one of the world’s largest providers of financial services.  For more information about National Financial, please visit

About Synovus

Synovus is a financial services company with more than $30 billion in assets based in Columbus, Georgia. Synovus’ bank divisions provide commercial and retail banking, investment and mortgage services to customers in Georgia, Alabama, South Carolina, Florida and Tennessee. See Synovus on the web at

Fidelity, Fidelity Investments and National Financial are registered service marks of FMR LLC.

Greg Hudgison
Title: External Communications Manager
Phone: 706-644-0528