Synovus Launches “Raise the Banner” Financial Literacy Program
COLUMBUS, Ga., Jan. 29, 2020 — Synovus has introduced “Raise the Banner,” the company’s flagship financial literacy program. Raise the Banner will educate individuals about financial concepts and principles so they’re able to make confident financial decisions — and reach their personal and economic goals. Synovus team members across the footprint commemorated the launch with banner-raising ceremonies at the bank’s 300 branches and several corporate office locations. To complement the new program, a dedicated Raise the Banner page was established on the Synovus website. The page includes an informational video featuring Chairman and CEO Kessel Stelling, and Executive Vice Presidents Wayne Akins, Gloria Banks, and Alison Dowe.
“Financial illiteracy is a well-documented problem and a long-term challenge for individuals, communities, and the U.S. economy,” said Stelling. “Synovus was founded with a simple act of kindness more than 130 years ago and Raise the Banner is an extension of that kindness. It builds on Synovus’ expertise and team members’ passion for service to make a difference in community segments with needs for financial education.”
Synovus will partner with schools, social service agencies, and other community organizations to educate individuals of all ages, from elementary school children to senior adults. Initial financial education classes will target various populations including youth, enlisted soldiers and transitioning veterans, victims of domestic violence, people experiencing homelessness, senior adults and others.
Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $48 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services through 298 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Bank, a wholly owned subsidiary of Synovus, has been recognized as one of the country's “Most Reputable Banks” by American Banker and the Reputation Institute. Synovus is on the web at synovus.com, and on Twitter, Facebook, LinkedIn, and Instagram.