# Synchrony Bank

> Source: https://docs.barcoder.ai/docs/wallets/synchrony-bank
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Synchrony — official](https://www.synchrony.com/)

## Overview

**Synchrony Bank** is **NYSE: SYF** + **US-based consumer finance + credit cards** + **one of US's largest consumer financial services + retail credit card issuers via co-branded cards with Walmart + Sam's Club + Amazon + Lowes + Gap + JCPenney** + **~80M+ active Synchrony credit card accounts** <sup>[1][1], [United States report](https://docs.barcoder.ai/docs/payments/US)</sup>.

## History

**1932 — General Electric Capital Corporation founded as US consumer finance subsidiary of General Electric**.

**~2005 — GE Money Bank brand launched** (US-based consumer bank; GE consumer-finance lineage).

**Jul 31 2014 — Synchrony Financial NYSE IPO spin-off from General Electric Capital Corp + Nov 2015 GE divestment complete + Synchrony Bank rebrand consolidation**.

## Ownership & operator

**Operating entity**: **Synchrony Financial Synchrony Bank** (US-based consumer finance + credit cards; NYSE: SYF).

**Major shareholders**: **Vanguard + BlackRock + State Street + US + international retail + institutional + foreign investors free float post-Nov 2015 GE full divestment**.

**Regulators**: **OCC + Federal Reserve + FDIC + Utah state regulators + national regulators**.

## Technical integration

Synchrony Bank mobile app (iOS + Android; ~80M+ active Synchrony credit card accounts) + synchrony.com online + Synchrony Bank online-only US digital bank + Synchrony co-branded retail credit cards via Walmart + Sam's Club + Amazon + Lowes + Gap + JCPenney + 65+ retail partners; ACH + FedNow + EMV.

## Implementations & partners

**Synchrony co-branded retail card partners**: Walmart Pay (Walmart Pay; Walmart US-based retail mobile wallet; Synchrony Walmart-anchored co-brand credit cards) + Amazon Pay (Amazon Pay; Amazon US-based retail mobile wallet; Synchrony Amazon-anchored co-brand credit cards) + Lowe's (Lowes US-based retail; Synchrony Lowes-anchored co-brand credit cards) + Gap Inc. (Gap Inc; US-based retail; Synchrony Gap-anchored co-brand credit cards) + JCPenney (JCPenney; US-based retail; Synchrony JCPenney-anchored co-brand credit cards).

**Major US-based digital bank + consumer finance + credit card competitors**: [Ally Bank](https://docs.barcoder.ai/docs/wallets/ally-bank-app) (Ally Bank; NYSE: ALLY; US-based online commercial bank + auto finance + securities + credit cards) + [Discover Financial Services](https://docs.barcoder.ai/docs/wallets/discover-financial) (Discover Financial Services; NYSE: DFS; US-based digital bank + Discover card payment scheme; ~70M+ Discover Card US cardholders) + [Capital One Mobile](https://docs.barcoder.ai/docs/wallets/capital-one) (Capital One; NYSE: COF; US-based commercial bank + credit cards) + [American Express (Amex)](https://docs.barcoder.ai/docs/wallets/amex) (American Express; NYSE: AXP; US-based card payment scheme + premium credit cards) + [Chime](https://docs.barcoder.ai/docs/wallets/chime) (Chime; NASDAQ: CHYM; ~22M+ Chime customers) + [Marcus by Goldman Sachs](https://docs.barcoder.ai/docs/wallets/marcus-by-goldman-sachs) (Marcus by Goldman Sachs; Goldman Sachs Bank USA US-based digital bank) + [Chase Mobile (JPMorgan Chase)](https://docs.barcoder.ai/docs/wallets/chase-mobile) (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + [Bank of America](https://docs.barcoder.ai/docs/wallets/bank-of-america) (Bank of America; NYSE: BAC) + [Wells Fargo Mobile + Fargo virtual assistant](https://docs.barcoder.ai/docs/wallets/wells-fargo) (Wells Fargo; NYSE: WFC) + [Citi Mobile (Citigroup)](https://docs.barcoder.ai/docs/wallets/citi-mobile) (Citi Mobile US; Citigroup NYSE: C) + [U.S. Bank (USB)](https://docs.barcoder.ai/docs/wallets/us-bank) (US Bank; NYSE: USB) + [PNC Bank](https://docs.barcoder.ai/docs/wallets/pnc-bank) (PNC Bank; NYSE: PNC).

**Regulators**: OCC + Federal Reserve + FDIC + Utah state regulators + national regulators.

## Status

**Active, NYSE:SYF + US-based consumer finance + credit cards + one of US's largest consumer financial services + retail credit card issuers via co-branded cards with Walmart + Sam's Club + Amazon + Lowes + Gap + JCPenney + ~80M+ active Synchrony credit card accounts** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.synchrony.com/ "Synchrony — official"
[2]: https://en.wikipedia.org/wiki/Synchrony_Financial "Synchrony — Wikipedia"
[us-cro]: https://docs.barcoder.ai/docs/payments/US

- [1] [Synchrony — official][1]
- [2] [Synchrony — Wikipedia][2]
- <sup>[United States report](https://docs.barcoder.ai/docs/payments/US)</sup> In-corpus: `reports/countries/US-united-states.md`

## Source

Biography extracted from [synchrony-bank.md](https://docs.barcoder.ai/source/wallets/synchrony-bank). See `matrix.md` for standards-support matrix if present.