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Synovus Expands Treasury Management Group

Columbus, GA, May 19, 2011 – Synovus (NYSE - “SNV”), the Columbus, Georgia-based financial services company, today announced the expansion of its Treasury Group to deliver treasury services to targeted commercial customer groups. This enhancement of service delivery is designed to drive revenue growth with small, middle and large commercial banking customers. Synovus’ treasury services include Online Banking, Remote Express Deposit, Workplace Solutions and Merchant Services.

Synovus has named four of its current treasury management experts to this group: Catherine S. Cantey, David Ascher, Randall K. Lunsford and Kevin Gibson, who collectively have more than 80 years of experience in treasury services and commercial banking. Cantey joined Synovus’ NBSC in Columbia, South Carolina in 2001, and was named Treasury Sales Director for Synovus in 2008. Ascher most recently served as the Regional Sales Manager of the North Georgia/Tennessee region for Synovus and Sales Manager for Synovus’ Bank of North Georgia. After more than 30 years with Columbus Bank and Trust, also a division of Synovus Bank, Lunsford joined Synovus this year as Director of Large Corporate Treasury Sales. Gibson has served in various capacities at Synovus, including Retail Banking, Commercial Lending and Private Client Services.

Kenneth Richey, who serves as Group Executive of Synovus’ Treasury Management Services, will direct this team of specialized bankers as they provide a wide range of products and services to meet the expectations of Synovus’ current and future commercial customers.

“This is another example of our commitment to focus on the growth of commercial banking,” said Curtis Perry, Synovus’ Chief Commercial Officer. “We are continuing our strategy of realigning and positioning the best commercial bankers in the business, and providing them the resources to work with our existing customers while winning new customers across our footprint. This team will also oversee the important task of developing new products and services our business customers need.”

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


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