Synovus: Difference between revisions
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'''Synovus''' is a Columbus, Georgia-based financial services company with major operations, including the '''Synovus Mortgage Corp.''' and several corporate banking and investment banking professionals, based in [[Birmingham]] under [[Nelson Bean]], who heads the company's Alabama and Tennessee operations. | '''Synovus''' is a Columbus, Georgia-based financial services company with major operations, including the '''Synovus Mortgage Corp.''' and several corporate banking and investment banking professionals, based in [[Birmingham]] under [[Nelson Bean]], who heads the company's Alabama and Tennessee operations. | ||
[[Image:First Commercial Bank.png|right|thmb|First Commercial logo]] | |||
The Birmingham operations were founded as '''First Commercial Bank''' in [[1985]] by [[Richard Anthony]] and [[John Oliver Jr]], with a base capitalization of $11.5 million. Its first offices were in the [[Title Building]] at 2024 [[3rd Avenue North]]. | The Birmingham operations were founded as '''First Commercial Bank''' in [[1985]] by [[Richard Anthony]] and [[John Oliver Jr]], with a base capitalization of $11.5 million. Its first offices were in the [[Title Building]] at 2024 [[3rd Avenue North]]. | ||
The bank expanded to 14 area offices, employing 240 people and managing assets of nearly $2 billion, representing approximately 6% of the Birmingham banking market. They continued to operate under the "First Commercial" nameplate after the bank was acquired by Synovus in [[1992]]. The entire network rebranded as "Synovus" in [[2018]]. | The bank expanded to 14 area offices, employing 240 people and managing assets of nearly $2 billion, representing approximately 6% of the Birmingham banking market. They continued to operate under the "First Commercial" nameplate after the bank was acquired by Synovus in [[1992]]. The entire network rebranded as "Synovus" in [[2018]]. | ||
Since [[1997]] Synovus' divisional headquarters offices have been located in the [[Synovus Center]] (formerly the First Commercial Bank Building, at 800 [[Shades Creek Parkway]]. | Since [[1997]] Synovus' divisional headquarters offices have been located in the [[Synovus Center]] (formerly the First Commercial Bank Building), at 800 [[Shades Creek Parkway]]. | ||
==References== | ==References== | ||
Revision as of 12:05, 4 January 2021
Synovus is a Columbus, Georgia-based financial services company with major operations, including the Synovus Mortgage Corp. and several corporate banking and investment banking professionals, based in Birmingham under Nelson Bean, who heads the company's Alabama and Tennessee operations.
The Birmingham operations were founded as First Commercial Bank in 1985 by Richard Anthony and John Oliver Jr, with a base capitalization of $11.5 million. Its first offices were in the Title Building at 2024 3rd Avenue North.
The bank expanded to 14 area offices, employing 240 people and managing assets of nearly $2 billion, representing approximately 6% of the Birmingham banking market. They continued to operate under the "First Commercial" nameplate after the bank was acquired by Synovus in 1992. The entire network rebranded as "Synovus" in 2018.
Since 1997 Synovus' divisional headquarters offices have been located in the Synovus Center (formerly the First Commercial Bank Building), at 800 Shades Creek Parkway.
References
- Sepsas, Nikki (August 2006) "Solutions in a Complex World" Savvy Business. Birmingham Magazine. Vol. 46, No. 8
- Coker, Angel (May 2, 2018) "First Commercial to transition to Synovus branding." Birmingham Business Journal
External links
- Synovus website