press releases · October 13, 2015
Press Release
October 14, 2015
Federal Reserve Board announces approval of application by Synchrony Financial
For release at 5:00 p.m. EDT
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The Federal Reserve Board on Wednesday announced its approval of the application under sections 10(e) and 10(c) of the Home Owners' Loan Act, as amended, by Synchrony Financial, Stamford, Connecticut, to operate as a publicly owned savings and loan holding company and retain control of its subsidiary federal savings association, Synchrony Bank, Draper, Utah, and to continue to engage in certain business activities through its control of non-savings association subsidiaries.
Attached is the Board's order relating to this action.
For media inquiries, call 202-452-2955.
Board Votes
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APA
Federal Reserve (2015, October 13). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20151014_federal_reserve_board_announces_approval_of
BibTeX
@misc{wtfs_press_release_20151014_federal_reserve_board_announces_approval_of,
author = {Federal Reserve},
title = {Press Release},
year = {2015},
month = {Oct},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20151014_federal_reserve_board_announces_approval_of},
note = {Retrieved via When the Fed Speaks corpus}
}