Institution profile
Synchrony Bank
Identity verified through FDIC; additional sources pendingVerification describes the US Mortgage Index public-source matching process. It is not an endorsement or recommendation. Read the methodology
Public-record data only. Not a recommendation, lender endorsement, or rate comparison. Verify current licensing, product availability, and terms independently.
FDIC BankFind baseline
FDIC-reported identity and institutional fields from the public BankFind record. These values are not described as current or real-time.
- Legal name
- Synchrony Bank
- Display name
- Synchrony Bank
- Institution status
- Active
- FDIC insured
- Yes
- FDIC insured since
- August 1, 1988
- Established date
- August 1, 1988
- Charter class
- Federal savings bank
- Primary federal regulator
- Office of the Comptroller of the Currency
- Headquarters
- Draper, UT, 84020, United States
- FDIC certificate number
- 27314
- Federal Reserve RSSD ID
- 1216022
- OCC charter number
- 715044
- Domestic location count
- 2
- Source observed
- August 5, 2026
Regulatory profile
Public FFIEC NIC and CRA records for this institution, presented as source-backed regulatory context rather than a score or recommendation.
Regulatory identity
- Institution status
- ACTIVE
- Primary federal regulator
- OCC
- Institution type
- Federal Savings Bank
- Primary activity
- NAICS 52218
- FDIC certificate
- 27314
- Federal Reserve RSSD ID
- 1216022
- LEI
- 549300UATVPGSLE43Z27
- Headquarters
- 170 Election Road, Suite 125, Draper, UT, 84020, United States
- Primary deposit insurer
- Deposit Insurance Fund (DIF)
- Source observed
- August 19, 2026
Community Reinvestment Act (CRA)
Latest available CRA evaluation
- Rating
- Outstanding
- Exam date
- February 1, 2003
- Regulator
- FDIC
- Examination method
- Wholesale/Limited Purpose
This information reflects Community Reinvestment Act examination ratings reported by the cited official source. It is not a US Mortgage Index rating, recommendation, or assessment of the institution.
CRA evaluations are examination results from the relevant regulatory process and should be interpreted in the context of the examination date and source.
Historical CRA evaluations
Scroll sideways to see every CRA examination column.
| Exam date | CRA rating | Regulator | Examination method |
|---|---|---|---|
| February 1, 2003 | Outstanding | FDIC | Wholesale/Limited Purpose |
| January 1, 2000 | Outstanding | FDIC | Wholesale/Limited Purpose |
| March 1, 1996 | Outstanding | FDIC | Not Reported |
| June 1, 1993 | Satisfactory | FDIC | Not Reported |
| May 1, 1992 | Needs to Improve | FDIC | Not Reported |
Institutional history
4 FFIEC NIC history events
Showing 1 through 4 of 4 history events
| Event date | Event type | Related institution |
|---|---|---|
| January 12, 2013 | Sale of Assets | METLIFE BANK, NATIONAL ASSOCIATION |
| January 31, 2006 | Charter Discontinued (Merger or Purchase & Assumption) | BELK NATIONAL BANK |
| February 7, 2005 | Charter Discontinued (Merger or Purchase & Assumption) | MONOGRAM CREDIT CARD BANK |
| June 25, 2003 | Charter Discontinued (Merger or Purchase & Assumption) | MILL CREEK BANK |
These events are shown as reported by the FFIEC NIC source and are not independent legal conclusions.
FFIEC-reported organizational relationships
3 FFIEC NIC relationship records
Showing 1 through 3 of 3 relationship records
| Relationship | Institution | Type | Location |
|---|---|---|---|
| Direct relationship | SYNCHRONY CARD FUNDING, LLC | Domestic Entity Other | Stamford, CT |
| Direct relationship | SYNCHRONY LENDING, INC. | Domestic Entity Other | Draper, UT |
| ROOT_INSTITUTION | SYNCHRONY BANK | Federal Savings Bank | Draper, UT |
These relationships reflect the FFIEC NIC source display and should not be interpreted as a complete legal ownership analysis.
FFIEC NIC information reflects public regulatory records observed on the displayed source date. Observed dates describe when the public record was reviewed, not a real-time update.
Additional profile fields
Fields below supplement the primary source baseline and are shown only when present on the public profile.
- Entity type
- FDIC-insured federal savings bank