January 19, 2006

Approval of proposal by Synovus Financial Corp.

For immediate release

The Federal Reserve Board on Thursday announced its approval of the application filed by Synovus Financial Corp., Columbus, Georgia, to acquire Riverside Bancshares, Inc. and its subsidiary bank, Riverside Bank, both of Marietta, Georgia.

Attached is the Board's Order relating to this action.

Last Update: January 19, 2006