Notice of Application for Formation of Bank Holding

Notice of Application for Formation of Bank Holding Company and of Application for Merger of Banks Steel Newco Inc., Peachtree Corners, Georgia, has applied to the Board of Governors of the Federal Reserve System ("Federal Reserve") to become a bank holding company and to acquire by merger (a) Synovus Financial Corp., Columbus, Georgia ("Synovus"), and thereby acquire control of its subsidiary bank, Synovus Bank, Columbus, Georgia ("Synovus Bank"), and (b) Pinnacle Financial Partners, Inc., Nashville, Tennessee ("Pinnacle"), and thereby acquire control of its subsidiary bank, Pinnacle Bank, Nashville, Tennessee ("Pinnacle Bank"). In addition, Pinnacle Bank has applied to the Federal Reserve for permission to acquire by merger Synovus Bank and establish branches at the locations of Synovus Bank. The Federal Reserve considers a number of factors in deciding whether to approve these applications, including the record of performance of the banks that Synovus and Pinnacle own in helping to meet local credit needs. You are invited to submit comments in writing on these applications to the Federal Reserve Bank of Atlanta, 1000 Peachtree Street N.E., Atlanta, Georgia 30309-4470. Comments should also be sent to the Department of Banking and Finance, State of Georgia, 2990 Brandywine Road, Suite 200, Atlanta, Georgia 30341. Comments may also be sent to the Tennessee Commissioner of Financial Institutions in Tennessee Tower, 312 Rosa L. Parks Avenue, Nashville, Tennessee 37243, via email at Deborah.Grissom@tn.gov or William.Cook@tn.gov or telephone the Tennessee Department of Financial Institutions at (615) 741-5018. The comment period will not end before September 23, 2025. The Board's procedures for processing applications may be found at 12 C.F.R. Part 262. Procedures for processing protested applications may be found at 12 C.F.R. 262.25. To obtain a copy of the Federal Reserve Board's procedures, or if you need more information about how to submit your comments on the application, contact Erien Terry, Assistant Vice President, at (404) 384-0267. The Federal Reserve will consider your comments and any request for a public meeting or formal hearing on the application if they are received in writing by the Reserve Bank on or before the last day of the comment period. 8-24, 9-2. 17-25