SSB 📈 SouthState - Overview

SouthState Corporation, a bank holding company, oversees the operations of SouthState Bank, National Association, providing an extensive array of financial services and products tailored to meet the diverse needs of individuals, businesses, and corporations. The company's product portfolio includes a range of deposit accounts such as checking and savings accounts, interest-bearing transaction accounts, certificates of deposit, and money market accounts, all designed to cater to the unique financial goals and requirements of its clientele. Additionally, it offers specialized services including bond accounting, asset and liability consulting, and corporate checking account services, further solidifying its position as a comprehensive financial solutions provider.

The company's lending portfolio is equally diverse, encompassing commercial real estate loans, residential real estate loans, commercial and industrial loans, and a variety of consumer loans. These consumer loans include auto, boat, and personal installment loans, as well as more specialized loans such as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. This broad spectrum of lending options underscores SouthState Corporation's commitment to supporting the financial aspirations of its customers, whether they are individuals seeking to purchase a home or businesses looking to expand their operations.

SouthState Corporation also places a significant emphasis on providing cutting-edge banking technologies and services. Its debit card, mobile banking services, and funds transfer products facilitate convenient and secure financial transactions for its customers. Moreover, the company offers a comprehensive suite of treasury management services, including merchant services, automated clearing house services, lock-box services, remote deposit capture, and other specialized treasury services. These services are designed to help businesses manage their financial operations more efficiently, thereby enhancing their overall productivity and competitiveness.

In addition to its core banking services, SouthState Corporation provides a range of asset and wealth management services, including fiduciary and private banking services. Customers can also avail of safe deposit boxes, bank money orders, wire transfer services, and brokerage services, as well as alternative investment products such as annuities, mutual funds, and trust management services. The availability of credit cards, letters of credit, and home equity lines of credit further expands the company's financial product offerings, catering to the diverse and often complex financial needs of its customer base.

With a history dating back to 1933, SouthState Corporation has evolved significantly over the years, including a name change from First Financial Holdings, Inc. to its current moniker in July 2013. Headquartered in Winter Haven, Florida, the company operates with a strong online presence, including mobile and telephone banking platforms, ensuring that its services are accessible to customers at their convenience. As a publicly traded company listed on the NASDAQ under the ticker symbol SSB, SouthState Corporation is committed to transparency and accountability in its operations, aligning with the highest standards of corporate governance and financial integrity.