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The Fed approved Pinnacle and Synovus' merger, closing Jan. 1, 2026, creating a $116B Southeast bank.
The Federal Reserve has approved the merger between Pinnacle Financial Partners and Synovus Financial Corp., clearing the final regulatory hurdle.
The deal, backed by shareholders on November 6, 2025, is set to close on January 1, 2026, pending routine conditions.
Integration efforts are underway, with full system and brand conversions expected by mid-2027.
Clients will face minimal disruption, as Synovus branches will continue operating under their current name.
The combined bank, with $116 billion in assets, will be headquartered in Atlanta, led by Kevin Blair as CEO and Terry Turner as chairman.
The merger aims to strengthen financial services across the Southeast.
La Fed aprobó la fusión de Pinnacle y Synovus, cerrando el 1 de enero de 2026, creando un banco del sureste de $116B.