A popular benefit of working for Synovus is the availability of higher education scholarships for team members’ children. The Jack Parker Scholarship is a competitive award that provides financial assistance to college and vocational school students who are selected in a blind judging on the basis of academic achievement, extra-curricular activities, and meaningful community service work.
For the 2015-2016 academic year, 104 children of Synovus team members earned scholarships totaling $132,000. Since its inception in 1988, the foundation has awarded nearly $2 million to deserving students.
Scholarship funds were generated this year through team member donations and fundraising events. These activities typically include payroll deduction campaigns, silent auctions, cookbook sales, vacation days raffles, and more.