Synovus Directs $1.76 Million in Donations to Local Organizations and Causes
February 10 2022 - 10:00AM
Business Wire
Synovus Bank today announced the commitment of $1.76 million in
philanthropic giving to support education, needs-based, and health
and wellness causes throughout the company's five states of
Alabama, Georgia, Florida, South Carolina, and Tennessee. The
donations were awarded through the bank's corporate donations
program and build on the millions of dollars Synovus allocates
annually to partners addressing critical needs in the company's
communities.
The 278 recipients of the corporate donation funds include
organizations with local or regional impact across the Synovus
footprint. Special consideration was given to groups that support
the creation and sustainment of affordable housing, help
low-to-moderate income communities, deliver financial education and
literacy programs, and encourage economic development. The
recipients align with Synovus' corporate giving strategy, and the
donations reflect a 47% increase in awards compared to 2021.
"At Synovus, it is our responsibility to help individuals and
communities realize their full potential," said Kevin Blair,
Synovus president and CEO. "This is especially important as the
COVID-19 pandemic continues to demonstrate the increasingly
critical role of nonprofits and organizations. Through our
corporate donations, we're strengthening our communities and
encouraging meaningful change."
The Synovus corporate giving strategy outlines the company's
formal process for aligning with various organizations, making
corporate donations, and participating in volunteer opportunities.
The strategy includes the Synovus Here Matters community outreach
program, Raise the Banner financial education program, and
corporate donations program. It also encompasses the recently
established $4 million Here Matters Community Fund that will enable
Synovus to expand its investments in communities and nonprofits
with footprint-wide impact.
An overview of the company's 2022 corporate donation awards,
including a list of recipients, can be found here. Synovus' 2023
corporate donation application will open Friday, July 1, 2022. More
information is available at synovus.com/about-us/donations.
Synovus Bank, a Georgia-chartered, FDIC-insured bank,
provides commercial and retail banking and a full suite of
specialized products and services, including private banking,
treasury management, wealth management, mortgage services, premium
finance, asset-based lending, structured lending, and international
banking through 277 branches in Georgia, Alabama, South Carolina,
Florida, and Tennessee. Synovus is a Great Place to Work-Certified
Company and is on the web at synovus.com, and on Twitter, Facebook,
LinkedIn, and Instagram.
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Sara Bagdadi sarabagdadi@synovus.com
Synovus Financial (NYSE:SNV)
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