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- Synovus Announces Earnings for the Fourth Quarter
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|Synovus and CB&T Complete REACH Projects
|May 19, 2010, Columbus, GA – Synovus (NYSE: SNV), the Columbus, Georgia-based financial services company, and its affiliate banks, Columbus Bank and Trust Company and CB&T of East Alabama, recently completed two community projects to help promote financial education among area students and collect clothing for children in need. These projects were part of Synovus’ community outreach effort called REACH: Recognizing and Encouraging an Atmosphere of Community and of Hope.
Synovus and CB&T team members visited more than 2,900 K-5 students in Muscogee, Russell and Lee County schools to lead the “Teach Children to Save” program. The program is sponsored by the American Bankers Association Education Foundation, and was launched in 1997 to raise awareness about the important role banks and bankers play in helping young people develop lifelong savings habits.
Team members also collected approximately 2,000 pieces of clothing to benefit the Sara Spano Clothing Bank, which serves disadvantaged children in Muscogee County by providing a school wardrobe of new and gently worn items.
“The success of these programs reflects the commitment our team members have for the well-being of citizens in our communities,” said Richard Anthony, Synovus Chairman and CEO. “As part of this REACH initiative, we want to help future consumers be better equipped to make smart decisions as they mature into responsible adults. The clothing drive contributes to the building of confidence in an important group within our community. We want to do whatever we can to support families, schools, and community groups as they help these valuable children develop into successful adults.”
Synovus is a financial services holding company with more than $32 billion in assets based in Columbus, Georgia. Synovus provides commercial and retail banking, as well as investment services, to customers through 327 offices and 461 ATMs in Georgia, Alabama, South Carolina, Florida and Tennessee. The company focuses on its unique decentralized customer delivery model, position in high-growth Southeast markets and commitment to being a great place to work to ensure unparalleled customer experiences.
Columbus Bank and Trust (CB&T) and CB&T Bank of East Alabama have a combined 23 branches in Columbus, GA and Phenix City and Opelika, AL. They offer diverse lines of business and personal financial services including Business Banking, Investment Services and Mortgage Lending. CB&T and CB&T Bank of East Alabama are both Synovus banks.