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Back in 1998 an innovative collection of local business leaders acted on a shared belief that the Bayou Region’s unique economy required a new approach to banking.
That’s how the bank named Synergy was born. Jerry Ledet, one of the institution’s founders, said the name was chosen for a very specific reason.
“Synergy means two parts working together produced a combined effect greater than each part would make on its own,” Ledet explained. “The two parts in our namesake are us as a bank and the community. It is only together that we can make a difference in our areas. We believe in giving back to the communities we serve.”
There are now many working parts to Synergy Bank.
Starting out with one location – at Polk Street and Tunnel Boulevard – the bank now has six branches altogether.
Two are in west Houma, one in east Houma, one is in Gray and two are in Thibodaux.
Two of the bank’s directors have made memorable marks in Terrebonne Parish. Former Parish President Michel Claudet and current Parish President Gordon Dove were key figures in the bank’s early success. Representatives of various local industries have helped Synergy remain responsive to the community’s unique financial profile.
Jeffrey Scott – once president of Scottco Seafood – was an important guiding hand in Synergy’s earliest days. The seafood industry has special financing needs, and Synergy is among the local banks some in the industry say has been particularly responsive.
The bank’s directors have made recognition – and assistance to – development of a strong local work force a priority. Over the years numerous examples of the commitment have emerged.
On Jan. 23 Synergy donated $25,000 to Fletcher Technical Community College for construction of a new career center at the college.
The Career Center was developed to be the headquarters for all student services, including admissions, financial aid, advising, career services, and student activities.
The bank’s own construction activities most recently yielded its South Acadia office in Thibodaux, which held a grand opening in March complete with food, live music, games and fireworks.
“We love being a part of Thibodaux and look forward to continuing to provide excellent customer service to our community,” Ledet said at the opening.
Belief in an enduring philosophy of strength through service, Ledet said, is what has helped keep Synergy and the community it serves strong.
“Our motto is ‘Your Bank. Our Community. Stronger Together,’” Ledet said. “And we truly believe that together we can help each other grow and prosper.”
Now as at the time of its founding, Ledet said, Synergy’s most important role is a profound commitment to the growth and prosperity of the Bayou Region and its citizens.
“We have fostered growth in our region by helping numerous businesses begin and expand,” Ledet said. “We’ve helped families achieve their dreams of home ownership and assisted hundreds of nonprofit and community organizations financially and through our volunteer efforts.”
Moving into the future, Ledet said, Synergy’s continued commitment to personal banking will play an important role in its continued success.
“As many banks shift to more automated services, and less in personal interactions, Synergy will remain dedicated to the individual banking needs of our customers,” Ledet said. “We are steadfast in providing excellence in customer service whether that is through our branch network or by enhancing our technology. Our directors, officers and employees demonstrate a comprehensive understanding of our services and the unique needs of this community. We attribute our success to the relationships that we have built over the years with our customers and businesses in the Bayou Region.” •
