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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
Frankenmuth Credit Union was founded in 1964 by employees of the Carling Brewery and Star of the West Milling Company. [1] [2] [3] Their original stated purpose was to serve the brewers and millers of the Frankenmuth, Michigan area. [1] [2] [3] It primarily served employees of Carling Brewery, Zeilinger Beverage, Geyer's Brewery, and Star of ...
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A decrease to the bank's liability account is a debit. From the bank's point of view, when a credit card is used to pay a merchant, the payment causes an increase in the amount of money the bank is owed by the cardholder. From the bank's point of view, your credit card account is the bank's asset. An increase to the bank's asset account is a debit.
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