Synchrony Financial

Synchrony Financial operates as a consumer financial services company providing credit products and deposit services across the United States. The company issues private label and co-branded credit cards, short- and long-term installment loans, and consumer banking products. It also offers healthcare-specific financing solutions through its CareCredit and Walgreens brands, as well as payments and financing products across specialty retail, apparel, outdoor, music, and luxury goods sectors. The company distributes its credit products through programs with national and regional retailers, local merchants, manufacturers, and healthcare service providers, while deposit products are offered through digital and print channels.

The company's revenue derives from multiple sources including credit card portfolios, commercial credit products, installment lending, and deposit-taking operations. Partner relationships span industries including digital, health and wellness, retail, home, auto, telecommunications, and pet services. Notable retail partners include American Eagle, Dick's Sporting Goods, Guitar Center, Pandora, and Polaris. The company accepts deposits through direct channels and third-party firms, offering products such as certificates of deposit, individual retirement accounts, money market accounts, and savings accounts.

Synchrony employs approximately 20,000 full-time staff and operates from its headquarters in Stamford, Connecticut. The company was founded in 1932 and is incorporated in New York, with shares listed on the New York Stock Exchange.