Synovus Financial (CB&T Bank) announced that they were in financial trouble and laid off 1150 workers and closing 36 plus branches, http://www.wtvm.com/Global/story.asp...
, cutting hours and services all while giving their execs huge stock bonuses and 2.5 percent pay increase, http://atlanta.citybizlist.com//3/2011/3/7/Sy...
This conduct is dishonest and economically irresponsible. Yes, they terminated 1150 people and took big bonuses and a 2.5 percent pay raise.
Synovus took almost a Billion Dollars in 2009 from the Federal Government (our tax dollars) http://projects.propublica.org/bailout/list/i...
and have only paid back a very small portion to the government, http://projects.propublica.org/bailout/entiti...
, yet continue to show Quarterly losses in the hundreds of millions, www.wtvm.com/Global/searchresults.asp...
If you agree that the country is out of control with corporate greed and see that instead of making real changes in the way this business does business and how they go for the low hanging fruit which has had a negative ripple effect throughout the community and country and you agree that this conduct has contributed to the reason the U.S. is in the financial position we are in today. Then you can help by supporting a boycott with all Synovus Financial Institutions listed below. If this conduct is offensive to you then support the boycott, close your account, move to a non-profit organization such as the Federal Credit Union, https://www.aacfcu.com/home/home
and stop doing business with those businesses that use Synovus Financial Institutions.
Please Forward to all your contacts!
Boycott Synovus Financial Institutions:
Community Bank and Trust (CB&T Bank)
Sea Island Bank
Commercial Bank and Trust
Georgia Bank a& Trust
Coastal Bank and Trust of AL
First Commercial Bank
Bank of North Georgia
The Bank of Nashville
Columbus Bank & Trust Co.
CB&T Bank of Middle Georgia
CB&T East Alabama
The Coastal Bank of Georgia
Synovus Bank of Jacksonville
Bank of Coweta
First Commercial Bank of Huntsville
Cohutta Banking Company
First State & Trust Co.
Bank of Tuscaloosa
First Community Bank
Citizens First Bank
Coastal Bank and Trust of FL
Trust One Bank
First Coastal Community Bank
Community Bank and Trust
Tallahassee State Bank
Bank of North Georgia
First Bank of Jasper
Special thanks to CEO Kessel D. Stelling, Jr and both HR Representatives Ms. Kelley and Ray.