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Synchrony Bank, History

The following are major historical events for Synchrony Bank, including mergers and acquisitions.

1988-08-01Institution established: Original name:Monogram Bank, USA
1989-09-20Moved bank headquarters from BLUE ASH, OH to CINCINNATI, OH
1993-06-01Changed name to GE Capital Consumer Card Company
1995-05-08Moved bank headquarters from CINCINNATI, OH to MASON, OH
2003-02-28Changed institution class to OCC SUPERVISED SAVINGS BANKS
2003-02-28Changed organization type to STOCK SAVINGS BANK
2003-02-28Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2003-04-03Changed name to GE Capital Consumer Card Co.
2005-02-07Changed name to GE Money Bank
2005-02-07Acquired Monogram Credit Card Bank of Georgia (27276) in ALPHARETTA, GA
2005-02-07Moved bank headquarters from MASON, OH to SALT LAKE CITY, UT
2009-07-17Moved bank headquarters from SALT LAKE CITY, UT to DRAPER, UT
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2011-10-01Changed name to GE Capital Retail Bank
2014-06-02Changed name to Synchrony Bank