Financial Wellness For All
Advancing Financial
Well-being
At Synchrony, we believe that financial wellness is foundational to building a healthy financial future. That’s why we’re collaborating with nonprofits and community organizations to advance financial education for all to ensure that our customers, our communities and our employees have access to information and tools to help make informed financial decisions. Financial literacy is more than just learning about building credit or budgets—taking control of finances can have a significant impact on someone’s mental and physical health as well. We’re committed to fostering a culture that empowers individuals to build responsible financial habits that support their total well-being.
Investing In Our Employees
No matter how big or small our peoples’ money goals are, we empower them through education and access to tools and resources to manage their financial needs effectively. We know that everyone learns differently, which is why we offer information in different mediums like our internal Money 360 page, webinars, or external Money Matters blog, in addition to offering free financial counseling.
Beyond learning, our people also have access to a wide range of benefits and tools at their fingertips. These can include one-on-one financial reviews through our partnership with the National Foundation for Credit Counseling, special savings rates on Synchrony savings accounts and have their student loan payments counted toward Synchrony’s matching 401(k) contributions through our 401(k) Student Loan Match.
Investing In Our Communities
Closing the financial knowledge gap is a core focus of our Education as an Equalizer program, which promotes educational opportunities for underserved communities. We’ve partnered with Operation HOPE’s Financial Literacy for All (FL4ALL) initiative to provide education and resources to the millions of Americans who are living paycheck to paycheck. Through our partnership with DonorsChoose, a crowdfunding platform for K-12 teachers in the U.S., we help fund and support classroom financial education projects, ensuring they are accessible to children nationwide. Additionally, we support Banking on Women™, which empowers female-owned small businesses by providing education, mentorship and access to funding to help them grow and succeed.
Investing In Our Customers
More than 10% of Americans, or nearly 50 million people, are what economists call “credit invisibles”, or people who lack proper access to credit. We’re working to change that for our customers with our participation in Project REACh, or Roundtable for Economic Access and Change. To improve credit access and ultimately financial well-being for our customers, we’re using cutting-edge data science, introducing new products and providing integrated and convenient financing in places where customers already shop.
At Synchrony, we are driven by a genuine desire to have a positive impact on the areas where we live and work. Investing in and supporting our communities and people creates a thriving environment that’s good for everyone. A bright financial future starts with a solid foundation in education and access to the tools and resources one needs for a stable and prosperous life. Learn more about all the ways we care for our employees and our communities.
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Collaborating for Success
Our Work
Collaborating for Success
