Synovus part of $8.6 billion bank merger
Major changes are coming to Synovus Bank, which has branches in Montgomery, Prattville and elsewhere in Alabama.
Major changes are coming to Synovus Bank, which has branches in Montgomery, Prattville and elsewhere in Alabama.
Two banks with branches in Alabama and elsewhere in the South say they have completed their merger.
Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households. The…