Synchrony Financial is a consumer financial services company. Operating with the United States and Canada, the company offers consumer financing, promotional financial, loyalty programs, and private label credit cards through businesses that it has partnered with. Incorporated in 2003, Synchrony Financial has its headquarters in Stamford, Connecticut.
Synchrony manages its revenue activities through three segments, including Retail Card, Payment Solutions, and CareCredit. The company's credit products are offered through its subsidiary Synchrony Bank. The company offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC) through Synchrony Bank, including money market accounts, savings accounts, certificates of deposit, and individual retirement accounts (IRAs). The company provides three types of credit products: consumer instalment loans, commercial credit products, and credit cards. Synchrony offers both private label credit cards and dual cards.
Listed on the NYSE, Synchrony Financial is traded under the ticker SYF. The company's promotional financing is available for health, veterinary, and personal care procedures, as well as other services and products, such as cosmetic, audiology, vision, and dental. Some of the company's partners include Amazon, Gap, Lowe's, PayPal, Verizon, Sam's Club, and Walgreen's.
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