Synovus Creates $ 4 Million Charitable Fund | National company


COLUMBUS, Georgia – (BUSINESS WIRE) – December 21, 2021–

Synovus today announced the establishment of the Here Matters Community Fund, a $ 4 million charitable giving fund through which Synovus will expand its investments in communities across the bank’s five southeastern states.

Complementing Synovus’ already established corporate giving strategy, the Here Matters Community Fund will enable the company to make even more impactful donations to causes and organizations with large-scale impact. The funds will primarily be invested in the areas of affordable housing, services that help low to moderate income communities, groups that offer financial education and literacy programs, and organizations that promote economic development.

“The Here Matters Community Fund marks a significant step forward in Synovus’ commitment to community investment,” said Kevin Blair, President and CEO of Synovus. “We believe deeply in our goal to help individuals and communities realize their full potential. Our new charitable giving fund will enhance our ongoing volunteer and corporate giving efforts as we invest, support and encourage lasting change across our footprint.

The Here Matters Community Fund is a donor advisor fund managed by the Synovus Family Office. Synovus Corporate Giving Strategy describes the company’s formal process for aligning with various organizations, making corporate giving and participating in volunteer opportunities. The strategy includes Here it matters community outreach, Raise the Banner financial education and corporate giving programs. Throughout 2021, Synovus has awarded more than $ 3 million to more than 500 organizations across the bank’s five states. The financial services company will officially announce the 2022 corporate donation recipients early next year.

Synovus Bank, a Georgian-chartered, FDIC-insured bank, provides commercial and retail banking services and a full range of specialist products and services, including private banking, cash management, wealth management, mortgage services, premium financing, asset-based lending, structured lending, and international banking through 281 branches in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus is a Great Place to Work Certified Company and can be found on the web at synovus.com, and at Twitter, Facebook, LinkedIn and Instagram.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211221005680/en/

CONTACT: Alison Dowe

Media relations

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA GEORGIA FLORIDA ALABAMA TENNESSEE SOUTH CAROLINA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES PHILANTHROPY OTHER PHILANTHROPY FINANCING FOUNDATION BANK

SOURCE: Synovus Financial Corp.

Copyright Business Wire 2021.

PUB: 12/21/2021 2:15 PM / DISC: 12/21/2021 2:15 PM

http://www.businesswire.com/news/home/20211221005680/en

Copyright Business Wire 2021.


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