Synovus Bank Salary

Synovus Bank Salary

How much does the Synovus Bank Pay for employees?

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As of August 2026, the average annual salary for employees at Synovus Bank in the United States is $107,410. This translates to an approximate hourly wage of $52. Salaries at Synovus Bank typically range from $94,000 to $122,098 annually, reflecting the diverse roles and experience levels within the company. Synovus Bank’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Synovus Bank Pay for Different Roles?

Explore detailed salary information for specific jobs at Synovus Bank. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Synovus Bank

Ready for your next career move? Explore current job openings at Synovus Bank. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Synovus Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Synovus Bank’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
150k
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90k
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30k
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Average Salary ($/year)
Synovus Bank
Financial Services
Cadence Bank
If P & C Insurance Ltd
Industry Comparison
Our data shows that, on average, compensation at Synovus Bank is below the average for the U.S. Financial Services industry by approximately 12%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Synovus Bank average annual salary with several similar companies. Synovus Bank average salary of $107,410 is higher than Cadence Bank, which has an average salary of $102,337. It is lower than If P & C Insurance Ltd, with their average salary at $109,140. This places Synovus Bank in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Synovus Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Synovus Bank. Click a company name to learn more.

Employee Reviews: Working at Synovus Bank

Considering a career at Synovus Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The environment is demanding but fair. Cultural awareness training is meaningful, not just checkbox compliance. The focus on understanding and meeting client needs is paramount, fostering long-term relationships built on reliability. Pay bands are clearly communicated.
Commented in May 15, 2025
19
1
There’s an impressive balance of challenge and support. I’ve grown professionally here and feel consistently encouraged to contribute ideas and lead projects. Trust is given by default. The focus on sustainable productivity prevents burnout. Knowledge transfer is prioritized before retirements.
Commented in October 26, 2024
12
3
The company provides excellent resources and mentorship for career development. This financial services company offers an engaging, fast-paced environment that rewards hard work and innovation. Benefits, including retirement contributions and wellness programs, are comprehensive. Respectful management and open-door policy. Overall, it’s a stable and rewarding financial services firm. Work-life bal...
Commented in July 30, 2024
47
3
The overall atmosphere is collaborative rather than competitive. Fast-paced environment with rewarding outcomes. There's a focus on execution over exploration.
Commented in January 22, 2024
48
0

Synovus Bank Overview

Website
www.synovus.com
Founded In
1888
Employees
3,000 - 7,500 employees
Industry
Financial Services
Headquarter Address
1111 Bay Ave Columbus Georgia GA 31901
Revenue
$1B - $3B
Phone Number
+1 8887966887
Social Media
About Synovus Bank
Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides various financial products and services. It offers integrated financial services, including commercial and retail banking, financial management, insurance, and mortgage services. The companys commercial banking services comprise cash management, asset management, capital market, and institutional trust serv

What Benefits Does Synovus Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Synovus Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at Synovus Bank.
Columbus' Cost of Living Index is approximately 77.3 (22.7% less expensive than US average; 16.9% less than GA average). Near Fort Benning, very affordable housing. METRA Transit. When planning your budget based on a salary from Synovus Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Synovus Bank salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $540 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,970 - $3,170+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Synovus Bank

1. How much does Synovus Bank in the United States pay?

Synovus Bank pays its employees an average of $107,410 per year. The average salary at Synovus Bank range from $94,000 to $122,098 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Synovus Bank employees get a higher salary than its peer company?

The salary at Synovus Bank is higher than its peer company. The average annual salary at Synovus Bank is $107,410, or an hourly wage of $52, in comparison to Cadence Bank which pays $102,337 per year or $49 per hour.

3. What are the highest paying jobs at Synovus Bank?

The higher-paying job at Synovus Bank, according to our data, include Managing Director (avg. $831,450 per year), Chairman & Chief Executive Officer & President (avg. $831,450 per year), and Chief Operations Officer (avg. $485,035 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Synovus Bank?

Salary progression with years of experience at Synovus Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Synovus Bank vary by office location?

Yes, it's very likely that salaries at Synovus Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Columbus section provides more context.

6. Does Synovus Bank offer good benefits?

Synovus Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Synovus Bank" section on this page.

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