Synovus merges with Sumter bank

Press Release

Combined bank will be called SB&T Bank

COLUMBUS, GA - Synovus (NYSE: SNV), the Columbus, Georgia-based financial services company, announces the completion of the merger of its Albany, Georgia-based bank, Security Bank and Trust, with Sumter Bank and Trust headquartered in Americus, Georgia.  The combined banks will be called SB&T Bank.

Mark L. Lane will continue to serve as President and CEO of the combined banks. Randolph B. "Randy" Jones now serves as Market President for the Americus market of SB&T. The newly expanded bank has a total asset size of $649 million with seven locations, nine ATMs and a full range of products and services.

Courtesy: Synovus