Synchrony Financial Stamford CT Company Overview

Synchrony Financial is a leading consumer financial services company with a significant presence in Stamford, CT. Synchrony Financial is headquartered in Stamford, CT.

The company was founded in 2003 as a result of the spin-off from General Electric Company. Synchrony Financial is one of the largest issuers of private-label credit cards in the United States.

Synchrony Financial provides a range of financial products and services to consumers, including credit cards, retail financing, and consumer banking.

Mayor Simmons is making great strides in enhancing Stamford's parks and green spaces. She recently announced a $100,000 grant from Synchrony and the Synchrony Foundation to the Stamford Parks Community Partnership.

This grant will benefit the city's parks and green spaces, which is a wonderful initiative. The Stamford Parks Community Partnership is a 501(c)(3) nonprofit established in May 2024, aimed at fostering collaboration between the city, local businesses, and residents.

Synchrony, a leading consumer financial services company, is headquartered in Stamford and has committed to investing in the community. Their contribution to the partnership is a testament to their commitment to giving back.

As part of the service initiative, over 50 Synchrony employee volunteers teamed up with city park leaders in a beach cleanup across Clove Island Park, Cummings Park, and West Beach. This is a great example of corporate social responsibility in action.

The City of Stamford is fortunate to be home to some of the leading corporations in the country, and their partnership and commitment to investing in the community is invaluable.

Synchrony Financial is creating 200-400 new jobs in Connecticut, which is a significant boost to the state's economy.

The company is already headquartered in Stamford, Connecticut, and has 310 jobs filled in the state.

The state is providing financial support for the expansion project through the First Five program, which will provide grants of up to $20 million based on hiring targets.

Synchrony Financial will receive a $10 million grant for the first 200 new jobs in Connecticut, demonstrating the state's commitment to supporting local businesses.

Connecticut's unemployment rate has dropped to the lowest point since 2008, showing that the state's economic strategy is working.

Governor Dannel P. Malloy attributes the state's economic success to fueling growth in core industries, such as financial services, which is a key sector for Connecticut.

Synchrony Financial is the largest provider of private label credit cards in the U.S. based on purchase volume and receivables.

The state's financial services sector is diverse and strong, as demonstrated by Synchrony Financial's expansion and investment in the region.

This new partnership between the state and Synchrony Financial will result in hundreds of new jobs and substantial new capital investment, which is a great economic development boost for the region.