Synovus to Merge Two of Its Ga. Banks

Davis, Paul
September 2006
American Banker;9/21/2006, Vol. 171 Issue 182, p20
Trade Publication
This article reports that Synovus Financial Corp. said that it plans to combine two banking charters in Georgia. The company will consolidate its Citizens Bank in Fort Valley into CB&T Bank of Middle Georgia in Warner Robbins, Georgia. Frederick L. Green 3rd, the vice chairman of banking operations for Synovus, discusses the consolidation and how it will add to the company's success.


Related Articles

  • Citizens to Buy Republic Bancorp.  // National Mortgage News;7/17/2006, Vol. 30 Issue 40, p18 

    The article reports on the decision of Ann Arbor, Michigan-based Republic Bancorp Inc. to be acquired by Citizens Banking Corp. of Flint, Michigan. The deal is valued at $1.05 billion in stock and cash. Initiatives are being done to boost the interest rate risk and credit risk positions at the...

  • Charter One Said Firing 100 in Cleveland. Dow Jones // American Banker;8/23/2004, Vol. 169 Issue 162, p2 

    Announces that Charter One Financial Inc. plans to cut approximately one hundred jobs in its hometown of Cleveland as part of a buyout by Citizens Financial Group Inc. Details of the job cuts, mainly in management and technology; Description of the acquisition of Charter One by Citizens.

  • Synovus Merging 2 More Ga. Banks. Davis, Paul // American Banker;12/23/2008, Vol. 173 Issue 246, p20 

    The article reports on a December 2008 announcement from Synovus Financial Corp. of Georgia. in the announcement the firm indicated that it planned to merge its Sumter Bank in Americus, Georgia into its Security Bank and Trust, which is located in Albany, Georgia. The merger will create a bank...

  • Citizens builds off Charter One's base. Rombel, Adam // Business Journal (Central New York);4/29/2005, Vol. 19 Issue 17, p1 

    Reports on the acquisition of Charter One Financial Inc. and its extensive upstate New York banking business by Citizens Financial Group Inc. Aim of Citizens to rank among the top five banks in the Syracuse metro area in market share of deposits by the end of 2006; Plan of Citizens to open...

  • Citizens of Mich.: Deal 'Caps Off' Turnaround. Jackson, Ben // American Banker;6/28/2006, Vol. 171 Issue 123, p1 

    This article reports on chief executive officer William R. Hartman who says that when he was hired to lead Citizens Banking Corp. in Flint, Michigan, he set five goals: to improve the product line, add management depth, develop a sales focus, expand in high-growth areas, and diversify the...

  • Synovus to Complete Charter Melding. Davis, Paul // American Banker;1/29/2010, Vol. 175 Issue F304, p17 

    This article reports that Synovus Financial Corp. plans to consolidate to a single charter by the middle of 2010, putting an end to its original business model. Synovus will no longer have many separately chartered banks, but will combine all 33 under one charter. Chief executive officer Richard...

  • FEDERAL RESERVE WEEKLY FILINGS.  // North Western Financial Review;6/15/2008, Vol. 193 Issue 12, p26 

    The article offers information related to banks and banking in the U.S. Kirkwood Bancorp Co. authorized to acquire an interest in Kirkwood Bancorp of Nevada Inc. on May 17, 2008. Citizens Bank authorized to establish a branch in Farmington Hills, Michigan on April 26, 2008. The First State Bank...

  • In Florida And Texas, Shifting M&A Dynamics. Davis, Paul // American Banker;11/7/2005, Vol. 170 Issue 214, p1 

    This article reports that Texas and Florida remain among the nation's hottest markets for bank acquisitions, though the dynamics in the two states show signs of diverging, according to some recent buyers and investment bankers. Florida, which has long been one of the most popular markets for...

  • In the Midwest, Bankers Brace For More Deals. Sundaramoorthy, Geeta // American Banker;5/6/2004, Vol. 169 Issue 87, p1 

    Midwestern bankers say on Tuesday's $10.5 billion cash offer by Royal Bank of Scotland Group PLC's Citizens Financial Group Inc. for Cleveland's Charter One Financial Inc. signals that the region will become a nexus of mergers and acquisitions, especially by foreigners. Foreigners "will...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics