1. Synovus contributed $500,000 to the AAA Scholarship Foundation in Florida. 2. The funding helps students from low-income families access educational opportunities. 3. Synovus has donated over $10.5 million since 2015 for educational initiatives. 4. This initiative supports community growth and educational equity in Florida.
Synovus’s ongoing community investments enhance brand reputation and customer loyalty, potentially boosting future profitability. Similar charitable initiatives in the banking sector have historically led to increased consumer trust and business growth.
The contribution of $500,000 signifies a commitment to community support, potentially attracting socially conscious investors and customers, improving SNV's market position.
The educational support builds reputation and customer loyalty over time, positively impacting SNV's long-term performance. Large donations typically reflect a company's commitment, which can enhance investor perception.
Synovus has contributed $500,000 to the AAA Scholarship Foundation to provide educational opportunities for students from low- and moderate-income families in Florida.
"At Synovus, we're dedicated to fostering growth and opportunity within the communities we serve," said Synovus Central/South Florida Division CEO Sean Simpson. "By supporting initiatives like the AAA Scholarship Foundation, we're investing in education and the futures of children in the state. Together, we're breaking down barriers and improving access to academic success."
The AAA Scholarship Foundation promotes education by administering student learning opportunities through the Florida Tax Credit Scholarship Program. The foundation has provided thousands of K-12 students with scholarships to access schools best suited to their learning styles and aspirations, paving the way for personal growth and success. The contribution from Synovus will allow the AAA Scholarship Foundation to award more than 60 scholarships to students across Florida.
Since 2015 Synovus has contributed more than $10.5 million to the AAA Scholarship Foundation and other state-approved scholarship funding organizations in Florida.
Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at synovus.com.
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Audria Belton
Media Relations
media@synovus.com