Founder Profile
General Electric Company (GE)
Last reviewed: January 1970 · By Swet Parvadiya
Who is General Electric Company (GE)?
General Electric Company (GE) is a founder of Synchrony Bank, which was founded in 1932 with Ralph Cordiner.
- Company founded
- Synchrony Bank
- Founded
- 1932
- Co-founders
- Ralph Cordiner
Founding Story
General Electric founded GE Contracts Corporation in 1932 during the Great Depression to provide installment credit for consumers purchasing home appliances, creating the organization that became Synchrony.
Sources
This profile does not yet cite a source specific to General Electric Company (GE). The sources below document the company company rather than the person, so check them against the claims above.
- Synchrony Financial Annual Report (SEC Form 10-K FY2024) (Synchrony Bank)
- Synchrony Corporate Heritage Archive (1932 to Present) (Synchrony Bank)