South State Bank Headquarters Information

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South State Bank is a bank based in Columbia, South Carolina. The bank started off as a small bank to serve the rural community but has since grown into a much stronger regional bank.

South State Bank is the biggest bank holding company with its headquarters in South Carolina. As of 2017, the bank had 137 branches in total. The banks main operations are in three states:

  1. South Carolina
  2. North Carolina
  3. Georgia

As a brand, South State is still quite new in the banking sector. It was only created in 2013 after South Carolina Bank and Trust purchased First Federal of Charleston.

However, the roots of the bank go further back, to the First National Bank of Orangeburg which started its operations in 1934.

South State Bank had an equity of $1.64 billion by the end of June 2017. The bank employs around 2260 workers in all its branches. Its deposits from customers in the U.S. stood at $9.06 billion around the same time.

In 2017, the bank was recognized as one of the best employers in both North and South Carolina by Business North Carolina magazine and the South Carolina Chamber of Commerce respectively.

Merger with Sterling

In the past years, South State Bank has taken over around nine other financial institutions and has become recognized as a mega-community bank. In 2017, the bank announced plans that would significantly improve its standing in the sector as it announced plans to acquire Park Sterling Corp.

Park Sterling is a North Carolina based financial institution that also has a presence in Virginia. The merger would extend the footprint of South State Bank into Virginia for the first time.

It’s expected that after the acquisition is completed, South State would have $14.5 billion in assets and deposits worth $12 billion.

The bank’s branches would also increase to 183 and these would be in North and South Carolina, Georgia and Virginia.

The merging of the operations and back-office functions is expected to be completed in the early part of 2018. It is expected to cost around $690.8 million.

The Headquarters

South State Bank’s headquarters are located at 520 Gervais Street in Columbia. This building was constructed in 2003 and has 63,000 square feet of space.

This branch is easily accessible via a number of the major roads in Columbia including I-126. Customers can access a number of services at this building including:

  • Safe deposit boxes
  • Drive-through ATM
  • Cash and Check deposit via ATM

Customers are also offered complimentary cookies and coffee. Drive-through services are accessible on Saturdays as well before midday.

Products and Services

South State Bank offers a variety of banking products and services to both individual customers and businesses. Customers are also offered an incentive for referring their friends to the bank.

Some of the bank’s unique features are their payment solutions which have been optimized for various platforms and devices including:

  • Apple products
  • Android devices
  • Samsung devices

Businesses can also take advantage of risk management solutions and easy payment solutions from the bank.

South State Bank Headquarters Address

520 Gervais St, Columbia, SC 29201, USA

South State Bank headquarters address

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