Synovus Bank named Charlie Clark president of its community bank. In this new position, Clark will advance the community bank’s geography-based delivery model, including managing local leadership across the bank’s five-state footprint.
Quinn Residences, an owner of communities of single-family homes for rent in the Southeast, closed a $500 million revolving credit facility led by JPMorgan Chase.
Synovus appointed Shellie Creson its chief risk officer. Creson succeeded Mark Holladay, who retired from Synovus in March. Prior to Synovus, Creson served as executive vice president and chief audit executive at Fifth Third Bank.
Synovus launched a new restaurant finance team focused on helping restaurants across the United States. Residing in Synovus’ wholesale banking division and based in Atlanta, the team consists of restaurant industry and banking veterans Scott Tocci, Kelly Nyquist and Jay Sim.
Regional Management, a diversified consumer finance company, and its wholly-owned subsidiary, Regional Management Receivables II, have entered into a revolving $125 million warehouse facility. The company also increased its line under its senior revolving credit facility to $638 million.
Installed Building Products entered into a new five-year, $325 million senior secured credit facility with an accordion feature. KeyBank was lead arranger, sole bookrunner and administrative agent.
Synovus Financial announced its board of directors nominated Tim E. Bentsen, former audit partner of KPMG, and Dr. Harris Pastides, president of the University of South Carolina, to stand for election as directors.
Synovus announced it will celebrate 125 years as a banking organization through a series of events across the company’s five-state footprint.