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The company was formerly known as GE Money Bank and changed its name to GE Capital Retail Bank in October 2011. GE Capital Retail Bank operated as a subsidiary of General Electric Capital Corporation. [61] GE Capital Retail Bank acquired MetLife Bank from MetLife in 2011. [62] As of June 2, 2014, GE Capital Retail Bank is now known as Synchrony ...
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
First Financial Bank (Nasdaq: FFBC), a regional bank headquartered in Cincinnati; has client servicing operations in the Tri-County, northern Cincinnati metropolitan area; founded in 1863, it has the eighth oldest national bank charter and has locations in Southwest Ohio, Northern Kentucky, and throughout Indiana; acquired Irwin Financial Corp ...
On Monday, MetLife announced it has complete the sale of MetLife Bank's $6.4 billion-in-deposits business to General Electric's GE Capital Retail Bank. MetLife Chairman and CEO Steven A. Kandarian ...
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The First Banc Group, Inc. was formed in 1968 as a holding company for City National Bank and was used as a vehicle to acquire other banks. As Ohio began to gradually relax its very restrictive Great Depression era banking laws that had severely restricted bank branching and ownership, City National Bank, through its First Banc Group parent, started to purchase banks outside of its home county.
GE Capital Retail Bank and La-Z-Boy Continue Furnishing Consumer Credit Card Program Credit Card Program Available at Nearly 780 Locations Nationwide STAMFORD, Conn. & MONROE, Mich.--(BUSINESS ...
GE Capital reneged on promises of further financial support of Montgomery Ward's restructuring plans. [23] On December 28, 2000, after lower-than-expected sales during the Christmas season, the company announced it would cease operating, close its remaining 250 retail outlets, and lay off its 37,000 employees. [24]